Business Owners Policies for Small Business
Understand Business Owner Policies (BOP)
It is actually easy to understand business owners policies (BOP). Compare them to personal homeowners insurance policies. A home policy covers property, buildings, and liability. It actually packages different types of coverage into one policy, and only one premium must be paid every month.
You can tailor a BOP to your own unique business needs too. Compare that to the way you can adjust limits on a home policy to make sure you have enough coverage for personal property.
Insurers market different packages, and they can be custom made for some businesses, but there are some typical packages.
Categories: Business Insurance Tags: BOP, Business Insurance, Business Owners Policy, Small Business
