Business Owners Policy (BOP) in Fresno CA, Clovis CA & Madera CA
BOP Insurance for Businesses Across Industries
Many small businesses face a lot of similar risks when it comes to operation. Although your business may be smaller than competitors, your business is still at risk for accidents and lawsuits. This is why it is important to have the right business insurance policy to protect your assets.
Eaton & Eaton Insurance Brokers helps businessowners across industries find and tailor policies specifically for their company. Our dedicated agents will compare quotes and work with you to build a business owners policy to protect your hard work.
What Does A BOP Insurance Policy Cover?
A primary benefit of a BOP, or a business owners policy, is that it is flexible. You can add coverages to your BOP as needed for your industry or specific company. At its most basic form, BOPs cover:
- General Liability Insurance: This covers bodily injury, property damage and personal or advertising injury claims that may be filed against your business. If someone is injured on your business’ property, for example, this insurance can help pay for their medical bills and protect you from a possible lawsuit.
- Commercial Property Insurance: This covers the physical property of your business and its contents in case of loss or damage due to hazards such as fire, wind, hail, lightning, smoke, explosions, theft and vandalism.
There are several policies you can add you your BOP, however, such as:
Keep in mind that BOPs are geared specifically for small businesses. While the qualifications for a small business may change depending on your industry, it is important to consult with an insurance professional about what type of policy is best for your business.
Is A BOP Required?
Business owners policies are not generally required by any state or federal law, although you may be required to carry certain insurances in order to operate. If your business has a physical location, for example, a lender may require you to carry liability and property coverage, which are both offered under a business owners policy.
Insure Your Business With A BOP
Protect your hard work with an affordable policy tailored for your needs. Call Eaton & Eaton Insurance Brokers at (559) 485-7100 or fill out an online quote form to get started today.
Common Business Owners Policy Questions
A business owners policy is a combination of coverages designed to protect small businesses. It generally includes commercial property insurance and general liability, but additional coverages may be added.
A commercial package policy is a business insurance policy that is designed to cover larger businesses in high-risk industries. Business owners policies, on the other hand, are geared for small businesses in low-risk industries.
The cost of a BOP depends on your location, industry, size of the business, coverage limits and more. Fill out an online quote form to find out how much you can save on a BOP today.