By the General Liability Guide Editorial Team. Our guides are verified against actual insurance carrier rate sheets and state industrial commissions.
If you were to buy your business insurance "à la carte," you would likely pay 20% more than if you bought a BOP. A Business Owners Policy is the industry standard for small, low-risk firms.
What's Inside a BOP?
- General Liability: Protects against slips, falls, and damage to others.
- Commercial Property: Protects your office, computers, and inventory.
- Business Interruption: Replaces lost income if a fire or disaster forces you to close temporarily.
Many carriers allow you to add "endorsements" (extra coverage) to a BOP for things like cyber or professional liability.
Frequently Asked Questions
Usually no. BOPs are restricted to businesses with fewer than 100 employees and revenue typically under $5 million.
About This Guide
This guide was researched and written by the General Liability Guide editorial team to help business owners navigate the complexities of commercial insurance. We use data from industry leaders and regulatory filings to provide the most accurate estimates possible.