Business Owners Policy (BOP)

A Business Owners Policy, or BOP, protects your small business from a variety of risks, usually through a combination ofgeneral liability, property, and workers' compensation insurance.

Who Needs a Business Owners Policy?

All small businesses such as retail stores, restaurants, and independent contractors typically need a BOP to safeguard against unexpected financial losses beyond general liability claims.

What's In a BOP?

A simple BOP might contain only a few coverages, such as:

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• General liability - Provides protection if you cause bodily injury, property damage, personal injury or advertising injury. *Eligible contractors can get General Liability as a standalone coverage.

• Property - Provides replacement cost coverage for buildings and most business owners' personal property.

• Workers' compensation - Protects you and your employees from financial hardships caused by accidents or illnesses related to the job.