Commercial March 6, 2024March 8, 2024 by admin A business owner’s policy (BOP) combines property and liability insurance by packaging these coverages into a single insurance policy. BOP insurance helps cover claims of bodily injury or property damage and is often a good choice for small and medium-sized businesses, such as restaurants, wholesalers or retail shops. The 2 main coverages provided in a BOP are liability and property coverages. Liability: Product-related claims Customer injury Advertising injury Property: Commercial buildings Movable property Debris Removal Loss of income and pollution cleanup as part of a covered loss Policy endorsements that can extend coverage to cover exclusions Business owner policy examples Bodily injury or property damage liability (e.g., you spill water on a client’s computer causing damage) Defense costs for covered liability losses (e.g., libel and slander) Protection for business furniture and equipment (e.g., chairs, desks, and computers) Contact Us >>