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Business owner's policy

Business insurance glossary
Business owner’s policy

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.

Business owner's policy
What does a business owner’s policy cover?

A business owner’s policy bundles two policies to protect against liability and property risks. General liability insurance protects against common lawsuits, while commercial property insurance covers your business property.

Business owner's policy
What is a business owner’s policy?
Insureon helps businesses compare quotes from top carriers for a business owner’s policy and other small business insurance with an easy 15-minute application.
Business insurance glossary
Equipment breakdown coverage

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.

Business owner's policy
Business owner’s policy for agents and other insurance professionals
Compare business owner’s policy (BOP) insurance quotes for insurance agents and agencies from top U.S. carriers with an easy 15-minute application from Insureon.
Business owner's policy
How much does a business owner’s policy cost?

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.

Business owner's policy
Frequently asked questions about business owner’s policy

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.

Business owner's policy
Business owner’s policy for healthcare professionals
Compare business owner’s policy (BOP) insurance quotes for healthcare professionals from top U.S. carriers with an easy online application from Insureon.
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