Business Owner's Policy

BUSINESS
OWNER'S
POLICY

Save up to 30% on business insurance

Are you a business owner looking for a package deal?

BOP provides the protection of general liability and commercial property insurance in a one-size-fits-all bundle.

Property Damage

Did you or your employee dent a client’s property also causing harm to your equipment? You’re covered.

Legal Fees

Someone purses a lawsuit against you and you need an attorney to represent you.

Business Downtime

Do you have to close your business without notice and you need financial aid?

Injury Liability

When a slip-and-fall incident happens to someone that isn’t an employee and your business is at fault.

Inventory

A natural disaster causes harm to your inventory and you need replacements.

Ad Infringement

You’re being legally pursued for copyright violation.

Frequently asked questions about Business Owner's Policy (BOP) Insurance

Here are some of the most common questions we get about General Liability insurance. If you don’t find the answers you need here, our licensed, U.S.-based insurance advisors are standing by to help via online chat or phone.

What is Business Owner’s Policy (BOP)?

A business owner’s policy provides a bundle of essential business insurances, general liability and commercial property insurance. This allows a more cost effective option for a business owner rather than having two separate policies. Benefits of BOP are:
– Two for one policy bundle
– Cost effective
– Simple policy management

Commercial property insurance protects your business’s buildings, tools, equipment and inventory in the event of a natural disaster. Commercial property insurance is customizable based on the business needs and what the business owner wants to protect.

General liability insurance is there to cover a broad-spectrum of risks for your business such as bodily injury, property damage, and more. This insurance will help to financially cover medical expenses your business is responsible for, legal costs, and client property damage done by an employee.

What Does Business Owner’s Policy (BOP) Cover?

Business owner’s policy (BOP) protects businesses from unexpected financial obligations. Business owner’s policy (BOP) is a bundle of general liability and commercial property insurance allowing there to be coverage from both insurances combined into one. As a business owner, business owner’s policy (BOP) would be a good fit if:
– You have equipment and assets that could be harmed or damaged
– You interact with the public and people outside of your organization
– You have a storefront, office, of other type of location for your business

How Much Does a Business Owner’s Policy (BOP) Cost?

Since there are many options included in a business owner’s policy (BOP) there’s a wide range of price levels that this policy will cost.

Those options can be:
– Combining general liability and commercial property insurance into an all in one bundle policy package. This will allow costs to drop drastically since you’re getting two in one.
– A business’s risk level is always a leading quality factored into cost assessment. Therefore, if your business faces less risks then your coverage will require a smaller payment compared to a business that has a higher level of risks.
– Your location and where your business operates will also affect the cost of this policy.

Learn more about the other coverages we offer for your business

We offer 7 different types of business insurance so you can design the coverage that's right for your company's needs.

General Liability

Accidentally damaged customer property? General liability insurance makes those uh-oh moments okay by covering a wide range of incidents and basic risks. Contractors and cleaners can add tools and equipment coverage to protect their gear, as well.

Workers' Compensation

If you have employees, it’s mandated by law to carry workers’ compensation insurance to help cover medical bills and lost wages due to workplace accidents. And don’t forget about yourself — get business owner’s coverage to protect your assets.

Professional Liability/E&O

Professional Liability insurance protects you from the costs of lawsuits where you’re accused of negligence, error, or malpractice. It’s an essential for anyone who provides professional services to clients, including doctors, lawyers, accountants, and other professionals.

Commercial Auto

Your bottom line shouldn’t have to include repair costs. With Commercial Auto, you’re covered for dents, tows and damage to someone else’s vehicle.

Tools & Equipment

Protect your gear and your business. If your stuff gets damaged or stolen, we’ll help you get back on your feet fast, the right way.

Commercial Property

Commercial property insurance isn’t just for buildings — it can protect almost all the gear, inventory and equipment you need to do business. If there is a fire, or another covered event causes an interruption to your business, we make sure you keep your lights on.

A business owner’s policy (BOP) combines general liability and commercial property into one handy package. It’s a great option for protecting your business if you have a physical location, equipment or inventory and if you deal with customers or the public.

General Liability

Accidentally damaged a customer's property? General liability insurance is there to cover you and protect you from the potentially costly errors of accidental damage.

Learn More

Workers' Compensation

Learn More

Professional Liability/E&O

Professional Liability insurance protects you from the costs of lawsuits where you're accused of negligence, error, or malpractice. It's an essential for anyone who provides professional services to clients, including doctors, lawyers, accountants, and other professionals.

Learn More

Commercial Auto

Your bottom line shouldn't have to include repair costs. With Commercial Auto, you're covered for dents, tows and damage to someone else's vehicle.

Learn More

Tools & Equipment

Protect your gear and your business. If your stuff gets damaged or stolen, we'll help you get back on your feet fast, the right way.

Learn More

Commercial Property

Learn More