Running a small business involves a significant investment in time and money. A Business Owners Policy, also called a BOP, protects your investment by minimizing financial risks associated with unexpected events such as an injured customer’s medical bills, a lawsuit, a natural disaster, or theft. BOP insurance combines property and liability coverage into one policy for small to medium-sized businesses.
Business Owners Policy coverage
Typically, a business owners insurance policy combines two primary coverages:
Covers commercial buildings, also known as Building coverage, and moveable property known as Business Personal Property. It additionally pays for loss of income, property off premises and pollution cleanup among others.
Provides coverage from liabilities such as patron’s injury, product liability and property damage.
The BOP Liability portion does not cover injury to your employees. Workers Compensation is needed to address injury to employees on the job.
Protect your business
BOP insurance, combines several types of insurance together into one cost-savings package. With many coverage options, we can customize the policy to meet your specific needs.
In addition to a business owners policy, property insurance, liability insurance, and additional types of insurance are available through Alvarado Insurance:
- Equipment breakdown
- Business Income coverage
- Professional liability (Errors & Omissions)
- Products and completed operations liability
Supplemental coverages are also available. Call us today to discuss specifics of your business.