What does a Business Owners Policy (BOP) cover?
BOPs cover property insurance for building contents owned by a business. BOPs are specifically for a business’ property and liability risk. Included in a BOP is Business Interruption Insurance, which covers any loss of income from an insured peril. In addition, a BOP provides liability protection for any third party losses that may arise.
Related Questions
- Most business owners carry a Business Office Policy (BOP) with Comprehensive General Liability (CGL) Coverage. Doesn that cover employment-related cases?
- My Business Owners Policy (BOP) has the Blanket Additional Endorsement G123127B. Do I need to contact my broker to add on additional insured?
- What does Business Owners Policy cover?