Business Owners Policy (BOP)
Ensure your business can get back on its feet in case of a loss, whether catastrophic or smaller, with a business owners policy. Get coverage for your business’s property and building, as well as crime coverage, lost income due to business interruption, and general liability.
Why Is a BOP Important?
A Business Owners Policy, or BOP, is an insurance policy for small and medium-sized businesses that combines several business-related risks into one policy. Many optional coverages can be added to a BOP, and may include non-owned automobiles used by the business, tenant legal liability, computer and data coverage, equipment breakdown, and more.
The Business Owners Policy may provide continued cash flow if a business must close temporarily and protects the Insured against claims from clients or others who allege the business owners were negligent. The policy will pay legal defense costs, settlements, or verdicts up to the policy limit.
