Business owner's policy
Equipment breakdown coverage is a form of insurance that provides funds to repair or replace damaged machinery or equipment that has suffered a mechanical or electrical failure.
Find out how commercial insurance policies differ and which ones will benefit your business.
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.
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.