Business Owner’s
Insurance Policy (BOP)
A Business Owner’s Policy (BOP) bundles two essential types of coverage—general liability and commercial property insurance—into one convenient and cost-effective package. It’s designed for small to mid-sized businesses that want broad protection against the most common risks: customer injuries, property damage, theft, and even temporary shutdowns due to a covered loss.
Whether you own a retail shop, restaurant, professional service office, or an online business with inventory or equipment, a BOP helps safeguard both your space and your reputation—so you can focus on running your business with confidence.
What is a business owner’s policy (BOP)?
A BOP combines property insurance (to protect your physical assets) and liability insurance (to protect against claims from third parties) into a single policy. It’s ideal for businesses that need foundational coverage in a simple, bundled format.
What does a BOP cover?
General Liability Coverage
Bodily injury or property damage
If someone is injured at your business or you damage a customer’s property, your BOP can help cover the costs.Legal defense costs
Helps cover attorney fees and court expenses if your business is sued over a covered incident.
Commercial Property Coverage
Business property
Covers physical items your business owns—like furniture, inventory, computers, or equipment—after events like fire, vandalism, or water damage.Business interruption
If you have to temporarily close due to a covered loss, BOP can help replace lost income and assist with relocation or rebuilding costs.
Is a BOP right for your business?
You should consider a BOP if:
You have a physical location, even if it’s a home office or rented space.
You own valuable equipment, tools, or inventory.
You interact with customers, clients, or vendors in person.
Industries that often benefit from BOP coverage include:
Retail and e-commerce
Restaurants and cafes
Consultants and professional services
Trades and contractors
Insurance and real estate offices