Call Us (800) 797-2016 ☰ ˟
Logo
Call Us (800) 797-2016
  • Home
  • Products
    • Automobile
    • Homeowners
    • Business & CommercialImage of right arrow
      • Business Owners Policy (BOP)
      • Workers Compensation
    • Cyber Liability Insurance
    • FarmImage of right arrow
      • Crop
      • Farm Equipment Insurance
      • Livestock Insurance
    • Renters
    • Life
    • Supplemental Health Insurance
    • Long-Term Care Insurance
    • Agritainment
    • Artisan Contractors
    • Commercial Agriculture
    • Directional Boring
    • ID Theft
  • Get A Quote
    • Auto
    • Homeowners
    • Renters
    • Business & Commercial
    • Farm
    • Life
    • Long-Term Care
  • Resources
    • Blog
    • Refer a Friend
    • Important Links
    • Insurance Glossary
  • About Us
    • About Us
    • Employee Directory
    • Why Choose an Independent Agent?
    • Insurance in Cincinnati, OH
    • Insurance in Chillicothe, OH
    • Privacy Policy
  • Contact
    • Contact Us
    • Join Our Newsletter
Auto and Home Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Learn More
Business Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Learn More
Life and Health Icon

Business

We browse through a wide variety of coverages and find the right one for you.

Learn More
RV and Boat Icon

Farm

We browse through a wide variety of coverages and find the right one for you.

Learn More
Annuities Icon

Life

We browse through a wide variety of coverages and find the right one for you.

Learn More
Annuities Icon

Long Term Care

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > Business Owners Policies (BOPs)
WEDNESDAY, OCTOBER 27, 2021

Business Owners Policies (BOPs)

Small business owners work hard to both grow their company and turn a profit. Your goal is to make your operation a success, even when challenges arise that could threaten your financial outlook. Quality business insurance will help you remain on a stable financial footing, and one of the best ways to get this coverage if you’re a small business owner is to invest in a business owners policy (BOP). 

BOPs are convenient and adaptable insurance packages that are designed with the small business in mind. To ensure that you get the best coverage solutions for your operation, just contact Wilber-Price Insurance Group We’ll be your trusted, expert agency partner that will help you get the coverage that both offers comprehensive benefits and will always be affordable.a person standing in front of a store 

Contact us at 800-797-2016 or request your free quote now! 

More About BOPs 

What is a BOP? 
Every business needs commercial insurance, but because there are so many types of policies on the market, the average business owner might find it hard to coordinate their benefits. A business owners policy, commonly called a BOP, is a package of business insurance options that eliminates that challenge. The BOP will offer the policyholder the convenience of getting their most essential commercial benefits in one place. 

Who Needs a Business Owners Policy? 
Small business owners might find it challenging to try to juggle all these different layers of coverage in a cohesive and efficient manner. By having a BOP, you’ll get your most critical and beneficial coverage in one place. Plus, the coverage limits, deductibles and other terms of the plan will be specifically tailored to the needs of smaller operations, while remaining customizable to your individual needs. 

What Does a BOP Cover? 
Standardized BOPs usually offer three separate benefits: 

• Property Insurance: If something damages physical property – such as your building or possessions – then this coverage can help you repair or replace them. 
• General Liability Insurance: This covers the business in the event it causes property damage or bodily injuries to another party, like a client or vendor. 
• Business Interruption Insurance: This helps you pay the bills if you must temporarily close after a damaging accident. 

However, you will often need to augment the BOP with other coverage like: 

• Commercial auto insurance 
• Professional liability/Errors & omissions insurance 
• Surety bonds 
• Inland marine insurance 
• Employment practices liability insurance (EPLI) 
• Products/completed operations liability insurance 
• Cyber liability insurance 
• Umbrella liability insurance 

Many of these policies can be purchased as endorsements to your BOP itself. Others must be purchased separately. Our agents are the experts who will know how to seamlessly integrate your BOP into your overall commercial insurance portfolio so that you always receive the highest level of coverage. 

How Much Does a Business Owners Policy Cost? 
Because a BOP offers numerous benefits in one place, it is often more affordable overall as opposed to buying separate benefits. We’re committed to working with you to ensure that the terms, limits and premiums within your chosen coverage always offer you the best cost value overall. You can rely on us to comprehensively compare the policies from our network of carrier partners to help you choose the benefits that will truly be to your greatest financial advantage.  

 
Posted 4:14 PM

Tags: business, insurance, bop, business, owners, policy, commercial
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020
  • 2018

  • insurance(38)
  • coverage(25)
  • policy(15)
  • business(9)
  • commercial(9)
  • homeowners(7)
  • auto(5)
  • liability(5)
  • life insurance(4)
  • bop(4)
  • car(4)
  • care(4)
  • health(4)
  • owners(4)
  • long(4)
  • term(4)
  • home(3)
  • whole(3)
  • retirement(3)
  • ranch(3)
  • livestock(3)
  • life(3)
  • equipment(3)
  • accident(3)
  • farm(3)
  • terms(3)
  • damage(3)
  • requirements(2)
  • builders(2)
  • cyber(2)
  • general(2)
  • flood(2)
  • flood insurance(2)
  • auto insurance(2)
  • risk(2)
  • classic(1)
  • secuity(1)
  • claims(1)
  • general liability(1)
  • liability coverage(1)
  • long term care insurance(1)
  • laibility(1)
  • car insurance(1)
  • bop insurance(1)
  • high(1)
  • vintage(1)
  • workers(1)
  • cyber liability insurance(1)
  • online(1)
  • farm insurance(1)

View Mobile Version

Contact Us Today!
(800) 797-2016

Social Social Social Social Social

Resources

  • Products
  • Pay My Bill
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

Loveland Location

420 W Loveland Ave.
Loveland, OH 45140

Chillicothe Location

106 S Walnut Street
Chillicothe, OH 45601

© Copyright. All rights reserved. | Powered by Insurance Website Builder