Business Owners Policy (BOP)

A Business Owners Policy usually covers many of the basic insurance needs of most small businesses but there is no standard set of policies under this type of package as it varies from one insurance provider to the next.

Generally, you can expect a BOP to cover damage or loss to the building itself or its contents, and liability protection for your business operations both on-site and from your products upon operation completion.

While a business owner’s package necessary for any business, there are still several things that do not protect against professional liability and workers’ compensation.