YOUR business owner POLICY
Business Owner’s Protection
A Business Owners Policy (BOP) combines business property and business liability insurance into one convenient policy. We’ll work with you to design coverage that protects your business from a variety of risks, unique to you.
Business Property Insurance.
Property insurance for a business covers your premises and associated property.
Additionally, it often includes any associated loss of business.
General Liability Insurance for Business covers damage to people you deal with and their property. But, it’s important to note that liability insurance usually doesn’t cover risks related to professional services–meaning damages that result from your giving clients inaccurate advice.
Getting a business policy (BOP) means covering all these risks in one policy. The policy will usually be custom made to cover your specific needs, so pricing can vary significantly. But, it’s normally cheaper than buying separate policies for each element.
We can help design a business owners policy (or BOP) that works best for you and your business. Reach out to get started!
Employment Liability Insurance– In today’s litigious world it is necessary to have ELP coverage to protect you from being sued by an employee.
Environmental liability– Environmental liability coverage consists of protection from environmental damages caused by your business.
Cyber Security Insurance– This necessary insurance for business protects your data and your client’s data. Unauthorized access to electronic data or software within your network, viruses, the unauthorized access to information by one of your employees, data theft, or any other unintentional act that causes harm are the types of features included in Cyber security coverage.
Systems breakdown Insurance– mechanical/technical breakdown impeding your operations can be a feature or business insurance,
Directors and Officers Liability Insurance– coverage to pay for the legal defense and any monies needed for a settlement- to defend the actions of Directors and Officers including board members in your company.
Worker’s Compensation – can be required by state law
In the event a worker is injured on the job.
Crime and fidelity Bond– if an employee is found doing something dishonest
E & O – Errors and Omissions
If you perform a service for others- give advice, design solutions, make educated recommendations, represents the needs of others- you are at risk if you are found at fault for doing the work incorrectly or not doing it at all. An E & O policy provides coverage for the above situations.