Business Owner’s Policy (BOP) Insurance
Business Owner’s Policy (BOP) Insurance
A Business Owner’s Policy (BOP) combines two of the most important coverages—General Liability and Commercial Property—into a single, cost-effective policy. Most small businesses qualify, provided they don’t rely heavily on subcontractors.
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Simplifies Coverage
One bundled policy means less paperwork, easier management, and often lower premiums compared to buying separate policies.
Safeguards Against Liability
Covers accidents, injuries, and legal claims that happen on your business premises or as a result of your operations..
Protects Your Assets
Covers your building, equipment, inventory, and more against fire, theft, or other covered losses.
BOP – Add-ons
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Optional add-ons available: Business Interruption, Cyber Liability, EPLI, Equipment Breakdown.
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Ideal for: restaurants, retail stores, small manufacturers, offices, and service providers.
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Flexible and scalable—policies can grow as your business does.
Know the Eligibility Rules
BOPs are designed for businesses with 25% or less subcontracted work. Over 25% = GL policy instead.
BOP Insurance Questions
A Business Owner’s Policy (BOP) bundles General Liability and Commercial Property coverage into one affordable package. It’s designed for small and mid-sized businesses that want broad protection without managing multiple policies.
Businesses that own or rent a workspace, maintain equipment or inventory, and have straightforward operations (like retail stores, restaurants, small offices, or service companies) are often eligible. Certain restrictions—such as reliance on subcontractors or high-risk operations—may disqualify a business.
No. A BOP does not include Workers’ Compensation, which must be purchased separately if you have employees. Some insurers allow you to add it alongside a BOP, but it is always issued as a separate policy.
Cyber Liability coverage is not included by default, but many insurers let you add it as an endorsement. This is especially useful for businesses that store customer data, process credit cards, or rely on technology to operate.
Many BOPs include or allow you to add Business Interruption coverage, which helps replace lost income and pay expenses if your business is forced to close temporarily due to a covered property loss (like a fire).
High-risk industries (like heavy construction, large manufacturing, aviation, or amusement facilities) and businesses with complex exposures typically do not qualify. These businesses usually need a Commercial Package Policy (CPP) or separate policies tailored to their risks.
With a BOP, you get streamlined protection, a single renewal date, and fewer billing headaches. It’s also usually more cost-effective than buying General Liability and Property policies separately.
Yes, a BOP’s property coverage typically protects equipment, furniture, fixtures, and inventory inside your business premises. For specialized or mobile equipment (like contractor tools taken off-site), an additional Inland Marine or Contractor’s Equipment policy may be required.
In many cases, yes. If you operate a small business from your home with dedicated equipment or inventory, a BOP can extend coverage beyond what a standard homeowners policy provides. However, eligibility depends on the nature and scale of operations.
Yes. A BOP is flexible—you can add coverages like Cyber Liability, EPLI, or Equipment Breakdown as your business expands. If your operations grow too large or complex, you can transition into a Commercial Package Policy without losing protection.
General Liability covers third-party claims (injury, property damage, legal defense), but it does not protect your building, inventory, or business property. A BOP includes liability plus property coverage, making it a more complete option for qualifying businesses.
Standard BOPs do not cover client data breaches, intellectual property disputes, or professional errors. To address these risks, you may need Cyber Liability or Professional Liability (E&O) coverage.
Whether you’re starting your first business or managing multiple locations, a BOP can give you peace of mind knowing your property and liability are covered in one affordable package.
👉 Call us today at (763) 582-1888
📩 Or fill out the quick quote form below to get started.