Business Owner's Policy (BOP): What's Included?

A Business Owner's Policy, almost always just called a BOP, exists to solve a real problem for small business owners: buying and managing several separate policies is a hassle, and a BOP bundles the coverage most small businesses actually need into one simpler package.

What's typically included

General liability coverage. Protection against claims of bodily injury, property damage, and advertising injury tied to your business. See General Liability Insurance for Small Businesses for the full breakdown of what this covers on its own.

Commercial property coverage. Protection for your business property, the building if you own it, or your equipment, inventory, and furnishings if you lease your space, against risks like fire, theft, and certain weather events.

Business interruption coverage. If a covered event forces your business to temporarily close or relocate, this helps cover lost income and ongoing expenses like rent during that period. This is one of the most valuable, and most overlooked, pieces of a BOP.

What's usually NOT included

A BOP typically does not include workers' compensation, commercial auto insurance, or professional liability (errors and omissions) coverage. Those are generally added as separate policies alongside a BOP, not bundled into it. See Workers' Comp: What Every Small Business Owner Should Know and Do I Need Commercial Auto Insurance? for those pieces.

Why a BOP makes sense for a lot of small businesses

Beyond simplifying what you're managing, bundling this coverage together is often more cost-effective than buying general liability and property coverage as two completely separate policies. It's built specifically with small and mid-sized businesses in mind, not scaled-down corporate coverage.

Is your business a fit for a BOP?

Most BOPs are designed for businesses with a physical location, whether owned or leased, and moderate risk exposure. If you run your business from home, the picture is a little different, see Insuring a Home-Based Business for how that changes things.

Let's simplify your coverage

Call Hall and Hall Insurance Services and we'll see if a BOP is the right fit for your business, or whether separate policies actually make more sense for your specific situation. Get your free quote today.