A Business Owners Policy, often called a BOP for short, is a convenient yet comprehensive way to handle small business insurance needs. A BOP is a type of business insurance policy that bundles several crucial insurance coverages together, much like a homeowners policy. Some of the important insurance coverages included in a standard Business Owners Insurance Policy include:
And like a homeowner policy, a standard BOP can be customized and other business insurance policies can be included with it to adapt standard business insurance coverage to your small business' specific needs.
Some insurance coverage that can be added through separate policies to make your business insurance program complete include:
For those businesses that have grown from small to medium or large, a Commercial Package Policy provides even greater flexibility. For a brief overview of small business insurance, take a look at our blog post, Small Business Insurance Basics.
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Contact an insurance agent at Richard B. Ryon Insurance today to answer any questions about Business Owners Policy or for a free review and insurance quote for Business Owners Policy. And don't forget, as an independent insurance agency, we represent several top rated insurance companies. We have the flexibility to help you find coverage at competitive premiums for business, home, auto, and more.
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