Business Owner Policies
Many businesses can benefit from the packaged approach of a business owners policy (BOP.) Rather than assembling an insurance program with customized policies, a business owner policy provides a collection of multiple coverages under one simplified policy. Not only does the insured benefit from the simpler approach, but often enjoy cost savings.
What typically lies within the BOP
- General Liability Coverage
- Property Coverage
- Business Interruption Coverage
- EDP Coverage
- Non-owned Auto
Additional Protection
It is important to understand that although a business owner policy provides many required coverage, there are other key coverages it doesn't include. Two primary examples are Worker's Compensation and Automobile coverage.