What is a Business Owner's Policy?

A Business Owner's Policy is an insurance package targeting small and mid-sized businesses from all major property and liabilities risks. It combines crime protection, commercial general liability insurance in a bundle that offers sufficient business and financial asset assets cover.

In summary, this commercial insurance policy covers:

• Business property insurance: This protects your own building or one you have leased or rented for your enterprise. Such cover also includes your inventory, furniture, equipment, while also providing coverage for damaged media, computers and even lost accounts receivables documentation.
• Business liability coverage: A critical aspect of insurance that covers bodily injuries and property damage when your products, services, premises layout or even staff cause harm to another party or their property.
• Equipment breakdown coverage: This offers protection in case customers hate your business when equipment breaks down leading to loss of business.

• Loss of business income cover: If business operations stop due to a covered loss your insurance policy helps replace such lost income.
• Medical expenses coverage: If anyone is injured in a business property you own or lease your BOP cover will cover such damages.
• Professional liability coverage: Also called errors and omissions cover under BOP it covers any damage claims arising from your professional judgment and expertise in the line of operations. Such cover helps you protect your business from these claims.

At D’Agostino Agency Insurance, we also help you obtain customized BOP quotes covering data loss and breach, inventory loss, personal and copyright injury cover that deals with copyright infringement, slander and libel among other issues.