Business Owners Package
A Business Owners Package or BOP provides a singel package of coverage that covers basic requirements for a small to mid-sized business. For some businesses, it can be more cost effective to purchase a single BOP package that to purchase each coverage separately.
Typically, a BOP policy would include:
- Property - covers your business building and the contents of the building
- Business interruption coverage - covers lost revenue and expenses such as payroll your revenue loss and your continuing expenses like rent and payroll
- Liability – covers accidents or injury to other people on your property, or damage to another person's property
- BOP generally also would cover vehicles you rent or borrow, and theft or embezzlement by employees.
BOP generally does not cover:
- Floods and earthquakes
- Owned vehicles
- Group health or disability insurance
- Workers compensation
- Errors and omissions
- Directors and Officers liability
In addition to BOP coverage, we offer a full array of business coverage, including employee benefits. Talk with us about your business - we can recommend the right combination of coverage for your particular needs.