BOP – Business Owners Insurance Policy – Business Owners Insurance Policy

A BOP Insurance Policy, or Business Owners Insurance Policy is a package policy typically combining General Liability and Property Insurance.

Along with other optional coverage, for small to medium sized businesses in lower risk businesses classes. A BOP Policy, or Business Owners Insurance Policy may be available depending on the type of business, annual sales, number of employees and other factors.

A BOP Insurance Policy typically includes General Liability Insurance to cover your commercial liability and Business Property Insurance for physical assets, such as contents, that are leased or owned.

The package insurance policy may also cover loss of business income and extra expense resulting from a covered loss.

The General Liability insurance coverage of a BOP is comparable to a typical Commercial General Liability (CGL) policy, providing protection against claims of bodily injury or property damage for which your business may be liable.

The General Liability portion typically provides liability insurance for the cost of defending lawsuits stemming from:

  • Accidents that cause bodily injury and/or property damage.
  • Claims such as libel and slander.
  • False advertising
  • *General Liability insurance does not cover errors or negligence from professional services.

A BOP Insurance policy may include, or you may be able to select as an option;

  • Outdoor Sign Insurance
  • Money and Securities Insurance
  • Employee Dishonesty Insurance
  • Water Back Up Insurance

Not all businesses are eligible for a BOP policy.

Click here for a list of Businesses that qualify for a BOP or Business Owners Policy

If you business has any of the following characteristics you may not be eligible for a BOP. But don’t worry, we can assist you with obtaining other forms of commercial insurance. Characteristics typically not eligible for a BOP policy include:

  • Large Premises Operations
  • High risk or highly specialized operations
  • Majority of business conducted off-premise

Requires liability limits higher than offered with a BOP

What is the Average Cost of a Business Owners Insurance Policy?

Typically a BOP insurance policy is very competitively priced, however remember the BOP Policy does not provide coverage to items such as Workers’ Compensation, Professional Liability Exposures or Commercial Auto Insurance.

Please Contact Us to review the best type of Business Owners Insurance Policy is best for your business.

Or Click Here for a Free Business Owners Insurance Quote 

Our Business Owners Insurance Policy is available in New York NY, New Jersey NY, California, CA, Florida, FL, Texas, TX, Maryland, MD, Virginia, VA, Illinois, IL and Pennsylvania PA.

Castle Rock Capacity Insurance Agency – Business Owners Insurance Policy
Business Owners Policy
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