What is a Business Owner's Package Insurance Policy?
A business owner policy packages all required coverage a business owner would need. Often, BOPs will include business interruption insurance, property insurance, vehicle coverage, liability insurance, and crime insurance . Based on your company’s specific needs, you can alter what is included in a BOP.
Typically, a business owner will save money by choosing a BOP because the bundle of services often costs less than the total cost of all the individual coverage’s.
What's Covered with a Typical BOP Policy?
BOPs typically include:
Contact us to learn more about the right Business Owners' Package Policy for your business.
“The above description provides an overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. Other terms, conditions and exclusions may apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.”
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