Business Owners Insurance
Comprehensive Coverage for What You’ve Built
Business Owners Insurance
Running a business comes with plenty of rewards, but also risks. Property damage, accidents, and legal claims can disrupt your operations and hurt your bottom line. Business Owners Insurance, also called a BOP (Business Owners Policy), helps protect against many of these common threats by bundling key coverages into one simple, cost-effective policy.
What Is a Business Owners Policy?
A BOP is designed for small to mid-sized businesses and combines several core types of coverage into a single plan. It’s a straightforward way to get the protection you need—often at a lower cost than buying separate policies.
Most BOPs include:
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Covers damage to your business property from events like fire, theft, or storms. This can include:
Your building (if you own it)
Equipment and tools
Office furniture and supplies
Inventory and stock
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Protects your business if someone sues you for:
Bodily injury (like a customer slipping and falling)
Property damage (like accidentally breaking a client’s equipment)
Advertising injury (like claims of libel or copyright infringement)
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Helps cover lost income and ongoing expenses (like rent or payroll) if you’re forced to temporarily close due to a covered event.
Why It Matters
A BOP isn’t just for worst-case scenarios—it’s for everyday risks too. Here’s why it’s worth considering:
Protects Your Investment: You've put time, money, and energy into your business. A BOP helps shield that investment from unexpected setbacks.
Meets Legal and Contractual Requirements: Landlords, lenders, and clients may require you to carry certain coverages.
Saves Money: Bundling coverage usually costs less than buying each policy separately.
Covers Common Risks: From property damage to slip-and-fall claims, these things happen more often than you think.
Keeps You Running: If your business has to pause, business interruption insurance helps you recover faster and avoid long-term damage.
Is a BOP Right for You?
Business Owners Insurance is a great fit if you:
Have a physical location
Own valuable tools, equipment, or inventory
Interact regularly with clients, customers, or the public
Want reliable, streamlined coverage
If your business has specialized risks—like cyber threats or professional liability—you may need additional coverage. But for many businesses, a BOP offers the right mix of protection and value.
Not sure what you need? Our licensed agents can walk you through your options and help tailor a policy to your business.