Business Owner’s Policy (BOP Insurance)

Save big on business insurance in California with a BOP (Business Owner’s Policy). A Business Owner’s Policy is a package that includes commercial general liability insurance and property insurance. Some package policies also include business auto insurance and professional liability insurance.

Small to medium size businesses that are “low-risk” can qualify for these BOP package policies at a reduced rate compared to what you might pay for separate policies.

A Business Owner’s Policy includes:

  • General liability insurance to cover your commercial liability, and
  • Property insurance for physical assets, such as contents, that are leased or owned
  • A BOP insurance package policy might also cover the loss of business income and extra expenses caused by an insured peril.

Property insurance

In general, a business owner’s insurance package policy insures damaged or lost property for its replacement value. That means that in the event of a claim, you’ll receive a large enough settlement to replace the property, without any deduction for depreciation. A BOP’s property insurance also covers other people’s personal property, if you as a business owner are legally liable for damage to it.

General liability insurance

A BOP’s general liability insurance coverage is comparable to a typical commercial general liability insurance coverage (CGL) policy, in that it protects your business against claims of bodily injury or property damage. A BOP’s general liability coverage also provides business liability insurance coverage to pay the cost of:

  • A legal defense in a lawsuit arising from an accident that causes bodily injury
    Property damage
  • Claims such as libel, slander and false advertising – even if those claims are meritless

General liability insurance does not protect your business in the event that a client accuses you of professional errors or negligence. Those types of claims are normally covered by a professional liability insurance policy.

Is a package policy best for my business?

Sometimes buying a package policy from one company can afford big savings, but other times it may be beneficial to place some coverage with a different company for additional savings or extra coverage. At Alex Rue Insurance Agency we put together the best overall package for your business and help you determine whether that includes a package with one carrier or multiple companies. You may need general liability insurance, commercial auto, worker’s compensation and other coverages – they might not all fit with the same company. We utilize all of our resources to help you get the best coverage at the lowest price.

Business Owner’s Policy (BOP Insurance) Roseville, CA

Alex Rue Insurance Agency, Inc. is an independent insurance agency in Roseville, CA representing top-rated insurance companies in California. We provide rates from multiple California insurance companies to find you the best coverage at the lowest price. As an independent insurance agency we’re here to help you find the best business insurance policy for you.

Start your quote online or call Alex Rue Insurance Agency today at 916-572-9815.