Business owner's policy
Find out how commercial insurance policies differ and which ones will benefit your business.
Liability insurance and property insurance provide different forms of protection, and both types of coverage are necessary to protect a small business.
Both general liability insurance and a business owner's policy provide basic protection for your small business, so which one is right for you? Find out which policy fits best by taking a closer look at their benefits and differences.
Electronic data processing insurance covers electronic devices such as computers, storage devices, and the data they contain. Also known as computer coverage or data processing coverage, EDP insurance can help protect your business income.
Applying for a business owner's policy is similar to applying for general liability insurance and commercial property insurance separately. A BOP bundles these policies at a discount, but not all businesses are eligible.
A BOP bundles general liability and commercial property insurance at a discount. Your level of risk, the value of your business property, and your policy limits will affect your costs.
A business owner’s policy bundles two policies to protect against liability and property risks. General liability insurance helps pay for common lawsuits, while commercial property insurance covers your business property.