Business Owners Policy Information

Big or small, every business needs insurance to help protect its company and property. The right iInsurance portfolio helps protects your business, assets and employees while preparing for the unexpected. For some businesses, a business owner policy (BOP) may be an option for getting necessary coverages at a lower cost.

What Is a Business Owner Policy (BOP)?

A business owners policy (BOP) combines various commercial insurance coverage with additional protection into one contract. This policy is most common for small or mid-sized business owners, as it can help them get the coverage they need at a lower price point than buying each option separately. Insurers determine who is and is not eligible to purchase a BOP, so check with your agent to find out if this is an option for your business.

What Is Covered Under a BOP? 

A BOP typically includes the following three types of business insurance:

1. Commercial property insures against physical damage to your business property. Protection includes the physical structure and property, such as tools, equipment, inventory and furniture. 

2. General liability defends your business against lawsuits and injuries. Protection covers claims of bodily injury, libel and slander. 

3. Business income covers your business against an interruption in income if you have to shut down unexpectedly. Protection extends to replacing lost revenue from covered losses, including fire, weather damage and theft. 

Matt Roenker Insurance Agency will work with you to determine if a BOP is a good fit for your company or tailor coverage that’ll best protect your unique business needs and risks. Our experienced team can personalize your business policy to fill in any coverage gaps. 

Protect Your Business Today 

Matt Roenker Insurance Agency takes a hands-on approach with business owners across various industries to find and adjust policies for the proper coverage. We’ve been helping business owners for more than 50 years find the insurance they need at a price they can afford. Protect your business today by calling us at 757-671-1111 or filling out a quick free online quote today.