What is a Business Owner's Package Insurance Policy?A business owner package (BOP) insurance policy comprises all the required coverage a business owner must have. Often, this package includes property insurance, crime insurance, business interruption insurance, and liability insurance. Depending on the particular needs of your company, you can choose to change what’s included in the package.
The BOP is often recommended since business owners can save money by bundling the services rather than getting coverage individually. What's Covered with a Typical BOP Policy?The typical BOP coverage includes the following:
In general, BOPs don’t provide auto insurance, professional liability coverage, worker’s compensation, or health and disability insurance. You may need to get separate coverage for those. Contact us to learn more about the right Business Owners' Package Policy for your business. |
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