A commercial insurance policy that packages property, liability and special endorsements that broaden coverage into one convenient policy is known as a Business Owner’s Policy or BOP.
Liability Coverage in a BOP is similar to what you may find in a commercial general Liability policy.A BOP may be more limited in its range of coverage than what is available in a stand-alone policy. Premiums for an average small business are very reasonable. You should be sure to explain all areas of your business to make sure every exposure is covered. The insurance company will offer additional coverages as an add-on to the BOP. At times you may need to purchase an additional policy to cover exposures not available on the BOP.
Property insurance coverage will be included in the BOP, including buildings, personal property, inventory, etc. Others coverages to consider are business interruption, equipment breakdown, ordinance or law, sewer and water backup, property of others, signs, money, securities and employee dishonesty.
Every business is unique, please use the “schedule now” link to schedule a time for us to go over your individual needs.