Business Owner's Policy

A Business Owner's Policy (BOP) is a package policy that typically bundles three types of small business insurance, General Liability, Commercial Property, and Business Interruption insurance into one simple, affordable package.

It’s the easiest way to protect your business from the risks you’re most likely to face, without managing multiple policies or juggling separate premiums.

General Liability Insurance

General Liability (GL) is the foundation of most commercial insurance programs. It protects your business from the most common and costly third-party claims, including:

• Bodily injury (someone slips, trips, or falls)

• Property damage you cause to others

• Personal and advertising injury, such as:

  • libel or slander

  • invasion of privacy

  • stolen advertising ideas

  • copyright infringement

• Claims related to defective products or goods

If customers visit your location or if you work at client sites, GL is a must-have.

Commercial Property Insurance

Commercial Property insurance protects the physical assets your business depends on. This includes your:

• Building or office space

• Inventory and stock

• Equipment, tools, and machinery

• Furniture, fixtures, and supplies

Covered causes of loss typically include:

• Fire

• Theft

• Vandalism

• Weather-related events (wind, snow, storms)

• Sprinkler leakage or certain types of water damage

• Vehicle impact

• Building collapse

Not covered: earthquake, flood, cyber events, or damage to vehicles.

If you own or rent commercial space, or if you rely on equipment to operate, Property coverage is critical.

Business Interruption Insurance

If your business has to temporarily close due to a covered loss (like a fire, break-in, or major storm) Business Interruption coverage (also called Business Income) can help keep you afloat.

This coverage typically includes:

• Lost income during downtime

• Payroll

• Rent and other fixed operating costs

• Loan payments and taxes

• Costs to temporarily relocate

• Training expenses for replaced equipment

• Losses caused by damage to a nearby business that prevents you from operating

Does not cover: floods, earthquakes, public health closures, utilities, or undocumented income.

Optional Add-Ons for Extra Protection (Endorsements)

A BOP can be customized with additional coverage to fit your business:

• Cyber liability

• Employee theft / Crime

• Spoiled stock or merchandise

• Forgery or alteration

• Equipment breakdown

These endorsements help fill gaps and round out your protection—especially for businesses that use refrigerated goods, digital systems, or specialized machinery.

Why Businesses Choose a BOP

A BOP gives you:

• The three most important coverages in one place

• Lower premiums compared to buying each policy separately

• Simple, straightforward protection

• Fewer renewal dates and fewer headaches

It’s the easiest way to get strong, essential insurance at a price built for small businesses.