Business Owner Policy in Wisconsin

Business Owner's Policy (BOP)

A Business Owner's Policy (BOP) is an enhanced insurance policy that combines both general liability insurance and property insurance together in one comprehensive package.

Businesses can tailor their Business Owner’s Policy (BOP) to help meet their unique needs by adding optional coverages, like:

• Data breach
• Business income for off-premises utility services
• Other specialized policies

A BOP Policy can be customizable to fit industry specific businesses. This means it’s great for businesses of any size, especially small businesses.

Business Owner Policies are built to cover companies that generally face similar risk groups. Customizing your BOP Insurance is an important first step when insuring your business. Small business owners should do this from the beginning to protect you against possible loss or damage.

Your Business Owner’s Policy is a more convenient way to buy insurance for your small business, it combines your property and general liability into this one policy but also offers many enhancements. However, the purchase of a Business Owner Policy does NOT protect you from everything. As a small business, there still are many other coverages you need to consider.

Worker’s Compensation is required if your business has employees.

Commercial auto if your business owns vehicles, hired and nine own auto coverage if your employees use their personal vehicles for your business. (Sometimes this can be included in your BOP.)

An Inland Marine coverage for those forklifts skid loaders, and other movable equipment.

A Cyber Security Policy. Both the general liability insurance policies and B O P’s have limited coverage for data breaches, ransom ware computer fraud and other Internet-based crimes.

A Commercial Umbrella policy to sit over the top of your other insurance with extra protection to protect your assets!

Please take a moment and reach out to our agency. We are here to help you protect your small business and assets! Please fill in the information and request a quote!