Business Owner’s Coverage:

A Business Owner’s Policy (BOP) combines business property and business liability insurance into one business insurance policy. BOP insurance helps cover your business from claims resulting from things like fire, theft or other covered disasters. This applies to small to medium-sized businesses who need protection.

General Liability:

This portion protects the business in the event someone makes a claim against the owner or the business. General liability insurance protects the business from liability lawsuits such as customer slipping on a wet floor, defective products that cause injury or damage, and other claims reported that from damage caused by the product or service. It can also protect you from libel, slander and certain legal claims related to advertising.


Commercial Property:

The business property part of a BOP helps protects the actual property you own, lease or rent. This includes the building(s), equipment, inventory, and furniture. It helps cover repair or replacement costs of stolen, damaged or destroyed property, including property that isn’t yours but was in your care. In the event the business has to shut down, this covers the loss of income and covered expenses like rent, payroll and other financial responsibilities while your property is being repaired or replaced.


Categories: BOP