Business Owners Policies are designed for small business by incorporating your General Liability and Business Personal Property into a single policy. BOPs protects your small business from some common risks, such as Fire, burglary, liability and business interruption losses are all covered under a BOP.
Combining three insurance policies into a single package
In a single, convenient package, a BOP provides the core insurance that most small businesses need, including:
Property insurance: Protection for your building or office space, as well as property owned by your business, such as equipment and inventory.
Liability insurance: Coverage for costs that arise if someone is injured at your business or by using your products or services.
Business interruption insurance: Also known as Business Income insurance, this coverage replaces lost revenues in the event that your business has to shut down due to fire, wind damage or other covered losses.
