A businessowners policy, also known as BOP insurance, combines various insurance coverage with additional protection into one convenient package. If you’re not sure what coverage is right for your business, or have not considered a BOP, learn how a BOP insurance policy from World Events General Agency can protect your business.
Do you need a businessowners policy (BOP)?
BOP insurance may be right for your business if:
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Your business is located outside of your home
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You have fewer than 100 employees and less than $5 million in sales
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You have property or equipment you need to protect
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You want to protect investments you've made in your business
Core Coverages
Other business insurance policies you may need
Umbrella Liability
Extend coverage over and above your other liability.
Even more coverage for you to consider
Cyber liability
Get coverage for computer attacks and damage to electronic data and computer systems. Also offset the effects of your database being hacked or getting a virus
Employee dishonesty
This coverage responds when an employee steals money or property from your business. This is normally an optional coverage, but this coverage is included with Allstate business insurance for Repair & Maintenance.
Employee practices liability
Protect yourself against employee lawsuits.
Inland marine insurance
Cover your property in transit, including the transport of goods or equipment over water and land.