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California Business Insurance
Business Owner Policy2018-10-22T23:03:28+00:00
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Business Owner Policy

A Business Owner’s Policy (BOP) combines business liability and business property  insurance into one more inclusive policy. Think of it as insurance bundle. BOP Insurance looks to cover your business from claims resulting from things like fire, theft or another covered disaster and from claims involving bodily injury, property damage and personal and advertising injury that could arise from your business’ operations. Businesses can tailor a Business Owner’s Policy (BOP) to help meet their unique needs by adding optional coverages like data breach, business income for off-premises utility services and other specialized coverages to their BOP.  By doing so it allows businesses to purchase a single policy giving them the protection they need at a price that is generally less expensive than purchasing two separate policies.

Typical Benefits of Business Owner Policy (BOP)

  • General Liability Insurance – Protection against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability.
  • Commercial Property Insurance-  t insures against damage to their buildings and contents due to a covered cause of loss, such as a fire. The policy may also cover loss of income or increase in expenses that results from the property damage (PD).
  •  Business Income Protection- covers loss of income suffered by a business when damage to its premises by a covered cause of loss causes a slowdown or suspension of its operations.

Bop Liability Covers :

  • Damage To Clients Property
  • Injuring A Person’s Reputation
  • Business Causes Physical Injury
  • Infringing On Someone’s Copyright

BOP Property  Covers:

  • Theft
  • Fire
  • Vandalism

When Does Your Business Need A BOP?

Liability insurance in needed just to conduct business. When you go to open your doors a landlord they will ask for your liability insurance. As soon as you sign a deal with a client often times they will ask for a copy of insurance. Basically anyone that you does business with wants to make sure that you have insurance coverage in the event you are sued and you won’t have to shut your doors.