In a single, convenient package, a BOP provides the core insurance that most small businesses need, including:
Property insurance—Protection for your building or office space, as well as property owned by your business, such as equipment and inventory.
Liability insurance—Coverage for costs that arise if someone is injured at your business or by using your products or services.
Business interruption insurance—Also known as Business Income insurance, this coverage replaces lost revenues in the event that your business has to shut down due to fire, wind damage or other covered losses.
It is important to understand that a BOP doesn’t cover all risks associated with running a small business and the coverage limits are usually lower. You can tailor a BOP to meet your needs.
Our agency can help you understand the many risks associated with running a small business. Feel free to contact us for a no-obligation review of all your insurance needs.