Business owner's policy
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 is one of the most common commercial insurance policies. It’s highly customizable, so the specifics depend on your business. Find out how to get a policy, which businesses are eligible, and the answers to other frequently asked questions below.
A business owner’s policy (BOP) is defined as the combination of two important forms of insurance – commercial property and general liability – into one convenient package. Business owner’s policies usually cost less than buying the two coverages separately.
A business owner’s policy combines protection from property and liability risks in one package. A BOP protects businesses from common lawsuits with general liability insurance and covers business property with commercial property insurance.
Insureon’s licensed agents typically recommend a business owner’s policy for its coverage and affordability. Learn which businesses are eligible, how to take advantage of a BOP's flexibility, and when a business needs one.
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.