Business Owners Policy

What is a Business Owners Policy?
A Business Owners Policy combines together several policies types to offer small and mid-sized business owners one convenient policy to protect themselves. It essentially creates a combined policy of General Liability and Property Insurance while offering savings over purchasing each policy separately.
Businesses can create a specific BOP in order to cover the needs of their business or situation by adding additional optional coverages. Many small businesses can benefit from having a Business Owners Policy in place to protect themselves from unexpected financial losses that aren’t covered by General Liability Insurance.
What's covered in a BOP?
  • Business interruption insurance, which covers the loss of income resulting from a fire or other catastrophe that disrupts the operation of the business. It can also include the extra expense of operating out of a temporary location.
  • Property insurance for buildings and contents owned by the company -- there are two different forms, standard and special, which provides more comprehensive coverage.
  • Liability protection, which covers your company's legal responsibility for the harm it may cause to others. This harm is a result of things that you and your employees do or fail to do in your business operations that may cause bodily injury or property damage due to defective products, faulty installations and errors in services provided. This protects you against lawsuits that may be brought as a result of your legal responsibility.

Learn about our Business Owner Policies.