Business Owners' Policy
Known as the "BOP." Combines general liability and property coverages into one convenient policy.
-
- Over 80,000 non-residential building fires occur in the U.S. each year
- Winter storms, tornadoes, water damage, theft and vandalism also cause major losses
- 40% of businesses never reopen; another 25% close within a year
Tips for talking with your agent
- Document your peak seasons and inventory patterns
- Share if you take business off your property
- Advise if you store any of your customers' information in your database
- Discuss whether you own or rent your building where your business is housed or if you operate out of a brick and mortar building