Business Owners Package Insurance
A Business Owners Package policy, often referred to as a “BOP” contains many of the insurance coverages needed by most small businesses. Coverage with BOP policies varies between companies. However, a basic BOP offers liability insurance protection for the operation of your business, as well as coverage for the building and contents.
It is important to realize that BOP policies do not contain all of the coverages needed by a small business. Particularly, they do not cover commercial vehicles, professional liability or workers’ compensation.