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A package policy that provides both property and liability coverage for eligible small businesses. Businessowners policies are written on special coverage forms that are generally very similar to their monoline property and liability form counterparts, but they typically have some unique features that make them especially advantageous for businesses that qualify. Both the American Association of Insurance Services (AAIS) and the Insurance Services Offices Inc. (ISO), offer businessowners policy programs for use by their member insurers. Also, many insurers have their own businessowners policy programs.
The following are coverage definitions that will better help you understand
insurance. Contact us any time regarding quoting or adding any coverages
you may not already have.
Property
Liability
Other
Coverages
