A Business Owners Policy or “BOP” is a type of package policy that combines General Liability and Property Insurance, with other optional coverages available, for small to medium-sized businesses in lower-risk business classes. This policy’s availability depends on factors such as the type of business, annual sales, number of employees and other considerations.

Also known as ”Business Hazard Insurance”, protects your company’s physical assets. It helps pay for repair or replacement when a business property is lost, damaged, or destroyed. This policy also can cover any associated losses – such as lost income – that are caused because part or all of your business is temporarily down.

Provides coverage for you and your business for claims involving bodily injuries, advertising injury, and property damage resulting from your products, services, or operations. Additionally, if you rent or lease, it may cover you if you are held liable for damages to your landlord's property.

Provides coverage for all of the vehicles you own and operate in your business. Commercial vehicles can include private passenger-type vehicles, trucks, trailers, or mobile equipment. It’s important to read this policy for all of the coverages and exclusions.

When an employee suffers work-related injuries and illnesses – this coverage provides medical expenses, lost wages, and rehabilitation costs. It may also include death benefits to families of employees who lost their lives on the job. This coverage is mandated by almost all states and the wage and medical benefits vary by state.

Provides an additional layer of liability protection to assist in covering costs that exceed the underlying liability coverage limits. When the underlying limits have been reached, this coverage extends its limits to cover substantial claims. Claims may include libel, repetitional damage, vehicular accidents, product liability, or customer injury.

Also known as Errors & Omissions or E&O, protects you in cases of faulty service (errors) or failure to provide a service altogether (omission). It will pay for defense costs and any damages awarded (up to policy limits). Insurance companies have developed many specialized policy forms that respond to the individual risks of particular professions and services.

Protects directors and officers while serving on a board of directors and/or as an officer for defense costs and damages related to lawsuits for actual or alleged wrongful acts in managing a company. Lawsuit allegations may include breach of fiduciary duty, misrepresentation, fraud, theft of intellectual property, and misuse of company funds.

Also known as EBL, protects your business from errors and omissions that arise from administering employee benefit plans. This coverage applies to life insurance, health benefits, retirement plans, disability insurance, and more. Errors and omissions may include failing to enroll, maintain or terminate employees in a plan, and failing to properly communicate benefit plans and eligibility rules to employees.