Business Owners Insurance

A Business Owners Policy (BOP) combines business property and business liability insurance into one convenient policy. We will work with you to design coverage that protects your business from a variety of risks, unique to your industry.

Why does your business need business owners insurance?

Because your business faces the unexpected on a daily basis, there are always risks involved. Whether it is the risk of damage or loss to your property or customers, the only way to protect your business is with the right policy. With the convenience of a BOP, you can minimize the risks and focus on the future of your business.

Two coverages in one policy

A business owners insurance policy is known as BOP for short. This is appropriate, since it offers a one-two punch. It is a combination policy bringing together two types of coverages.

Includes property insurance

The first type is property insurance. Property insurance covers risks associated with your business' premises, equipment and vehicles. In addition, it often includes any associated loss of business. This is an essential coverage because it ensures your business, assets, and income are protected. For instance, here are a few of the coverages to consider in your business owners policy:

Fire

Flooding

Theft

Accidental Damage

Loss of Income

Loss/Damage of Property

Also includes liability insurance coverage

The second type is liability insurance. Liability insurance covers damage to people you deal with and their property. However, it is important to note that liability insurance usually does not cover risks related to professional services–meaning damages that result from you giving clients inaccurate advice, for instance. The liability coverage included in your business owners policy is a necessity, especially if:

You meet your clients at your business or theirs.

You have physical access to your clients' equipment.

There is a risk of damage to people or business.

Customized coverage for your business

Getting a business owners policy (BOP) means covering all these risks in one go, which significantly reduces stress and brings you peace of mind. Polices are typically custom made to cover your specific needs, and pricing varies depending on your business. But, it is normally cheaper than buying separate policies for each element.

Understanding your unique business needs

Designing a business owners policy that works best for you and your business is what we do best. We are focused on understanding your business so we can develop the right policy to protect your business, income, and assets. Most importantly, we want your business to be successful. Finding the right BOP coverage to meet your needs is the best place to start.

So, no matter what kind of business your run, consider the benefits of business owners insurance. From startups to established businesses, we will develop a custom plan for you. Reach out to our team when you are ready to review options. to get started!

Request a business owners quote to get started.