A business owner’s policy, often called a BOP, typically packages selected property and liability coverages for eligible small businesses. Bundling can simplify administration, but eligibility and included features vary by insurer.
- Describe your operations accurately
- Match limits, deductibles and policy forms
- Confirm requirements with a licensed professional
A business owner’s policy, often called a BOP, typically packages selected property and liability coverages for eligible small businesses. Bundling can simplify administration, but eligibility and included features vary by insurer.
Important: This guide provides general educational information, not legal, tax, or insurance advice. Requirements and policy terms vary. Consult a licensed professional about your situation.
What may be included
A BOP commonly combines commercial property, general liability, and some form of business income coverage. Exact forms, limits, causes of loss, waiting periods, and extensions differ. Auto, workers’ compensation, and professional liability are generally separate conversations.
Eligibility affects pricing
Insurers may consider industry, revenue, payroll, premises size, property values, construction, fire protection, location, claims, and catastrophe exposure. Some operations are not eligible for a standard BOP and need separate policies.
- Building, contents, and equipment values
- Business income period and limits
- Liability operations and foot traffic
- Location construction and protection
- Optional endorsements and exclusions
Compare the package components
Do not compare BOP premiums until property values, deductibles, coinsurance provisions, liability limits, business income terms, and endorsements match. Confirm how newly acquired property, equipment away from the premises, and electronic data are treated.
Compare the real first-year cost
Premium is only one line of a proposal. Add fees and installment charges, then compare equivalent coverage.
Open the quote calculatorSources and further reading
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Research reviewed on August 2, 2026. Prices and requirements can change; this page does not provide a quote.