Business Owners Policy
The Essential Benefits of Business Owners Policy Insurance
A business owners policy, also known as BOP insurance, is the accumulation of various insurance coverage with additional protection into one special package.
BOP insurance helps cover your business from claims resulting from things like fire, theft or other covered disasters. Business owners insurance also helps cover claims that could arise from your business operations. These include claims of bodily injury or property damage. They also include claims related to personal and advertising injury.
Businesses can tailor their Business Owner’s Policy (BOP)
BOP policies provide coverage for property damage caused by natural disasters like fires and floods; liability coverage to protect against bodily injury or property damage claims made by customers or other third parties; advertising injury protection from claims related to false advertising; and medical payments coverage for minor accidents that occur on-premises. As a business owner, it’s important to be aware of what exactly your policy covers – so you can make sure it provides the right level of protection for both you and your employees. To help meet their unique needs by adding optional coverages, like:
Protect Your Business from Fire, Theft, and Other Covered Disasters with BOP Insurance
Who Needs a Business Owner’s Policy?
If you rent or own workspace or have client contracts that require general liability insurance, you’ll likely need a Business Owner’s Policy (BOP). A BOP can help your business if: