Business Owners Policy (BOP) Insurance in Greenwood Village, CO

Protecting your hard work, investments and assets is paramount as a business owner, and a business owners policy (BOP) can be an essential tool in your risk management arsenal. If you’re a small or medium-sized business owner, it’s critical to understand how you can benefit from a BOP.

What Is a Business Owners Policy?

A BOP is a specialized insurance package that combines multiple essential coverages into a single policy. It is a valuable asset that can help safeguard businesses and provide peace of mind for owners in the face of unforeseen circumstances. A BOP can be more affordable than other commercial insurance options, so speak with your agent to discuss if this policy is a good fit for your needs.

What Does a Business Owners Policy Cover?

The following are some common coverages typically included in a BOP or available as add-ons:

• Property insurance may help protect your business’s physical assets, such as buildings, equipment, inventory and furniture, against covered perils.
• General liability insurance may help safeguard your business against third-party claims for bodily injury or property damage arising from your operations, products or services. This coverage may help cover legal expenses, medical costs and settlements.
• Business interruption insurance may help compensate for lost income and ongoing expenses during the recovery period if your business experiences a covered event, such as a fire or natural disaster, and is temporarily unable to operate.

While certain coverages are packaged together in a BOP, the policy can usually be customized depending on your needs. Talk to an agent who can help you choose the right policy. Contact The Deluca Agency – Denver Insurance Brokerage Inc today to determine if your business is eligible for obtaining a BOP and if it is the best fit for your insurance needs.