If you are launching a startup, a Business Owners Policy (BOP) is a great first step to protecting your company.
BOPs are a convenient bundle of both property and liability coverage designed for small- and medium-sized businesses.
The property coverage in a BOP is designed to protect the building you own or lease and your equipment and/or inventory. The liability coverage is designed to protect you in the event of a claim that your business has caused harm to a person and/or damage to property.
Think of a BOP as a starting point. BOPs DO NOT include auto insurance, workers compensation, health insurance or professional liability coverage. Questions? We’re here to help!