Business Owners Policy (BOP)

Comprehensive coverage combining property and liability protection in one package

What is a Business Owners Policy?

A Business Owners Policy (BOP) is a comprehensive insurance package designed specifically for small to medium-sized businesses. It combines three essential coverages into one convenient, cost-effective policy.

Instead of purchasing separate policies for property insurance, general liability, and business interruption coverage, a BOP bundles them together at a lower cost than buying each individually.

This makes it an ideal solution for small business owners who want comprehensive protection without the complexity and expense of managing multiple insurance policies.

What's Included in a BOP?

Three essential coverages bundled into one comprehensive policy

Property Insurance

Protects your business property, equipment, inventory, and physical assets from damage or loss.

Building and structures
Equipment and machinery
Inventory and supplies
Furniture and fixtures
Fire, theft, and vandalism

General Liability

Covers third-party claims of bodily injury, property damage, and advertising injury.

Customer injuries
Property damage claims
Legal defense costs
Medical payments
Advertising injury

Business Interruption

Replaces lost income and covers expenses when your business is forced to close temporarily.

Lost income replacement
Operating expenses
Temporary relocation costs
Payroll continuation
Loan and lease payments

Optional Add-Ons Available

Equipment Breakdown

Cyber Liability

Crime Coverage

Employment Practices

Is a BOP Right for Your Business?

BOPs are ideal for small to medium-sized businesses across various industries

Retail Stores

Shops, boutiques, and specialty stores

Restaurants

Cafes, bakeries, and food service

Office Businesses

Professional services and consultants

Salons & Spas

Beauty and wellness services

Apartments

Small property management

Contractors

Light construction and trades

Service Businesses

Cleaning, repair, and maintenance

Wholesalers

Distribution and supply businesses

Benefits of a Business Owners Policy

Why BOPs are the smart choice for small business owners

Cost Savings

Bundling multiple coverages into one policy typically costs 15-30% less than purchasing each separately.

Simplified Management

One policy, one renewal date, one premium payment. Easier to manage than multiple separate policies.

Comprehensive Protection

Covers the most common business risks in one package, ensuring no critical gaps in coverage.

Customizable Coverage

Add optional coverages to tailor the policy to your specific business needs and industry requirements.

Quick Setup

Faster application and approval process compared to purchasing multiple individual policies.

Single Point of Contact

One agent, one carrier for all your core business insurance needs, simplifying claims and service.

BOP vs. Individual Policies

See how a BOP compares to buying separate policies