Business owners policy
Get general liability, workers comp, property protection and more - all in one place
Who needs a business owners policy?
All small businesses such as retail stores, restaurants, and independent contractors typically need a BOP to safeguard against unexpected financial losses beyond general liability claims. BOP protects your small business.
What's in a business owners policy (BOP)?
A simple definition of BOP might contain only a few coverages, such as:
General liability - Provides protection if you cause bodily injury, property damage, personal injury or advertising injury.**
Property - Provides replacement cost coverage for buildings and most business owners' personal property.
Professional Liability - Do you give professional advice or provide a professional service? If so, you should probably carry professional liability insurance. This can be endorsed to your BOP.
But you might be exposed to other risks. Additional BOP coverages might include:
Employment Practices Liability
Electronic Data and Equipment
Personal Property of Other
Valuable Papers and Records
Blanket Additional Insured
Limited Property of Others Liability
Short-Term Pollution from Pollutants at Job Site
Building & Business Personal Property
Business Income and Extra Expense
Situations vary. You might have simple needs when you start out, but you might realize you need to fill in a few gaps as your situation changes. We'll help you decide what you need, when you need it.
Bundle and save
You'll receive a Package Discount on your commercial auto insurance premium if you have both a Commercial Auto policy with active Business Owners Policy from the same insurance carrier.