Businessowners Policies (BOP) Insurance

A businessowner’s policy (BOP) is a policy that combines both property and liability coverage for eligible small businesses.  This type of policy provides property, liability and business income coverage as well as many enhancements & endorsements to broaden your protection.

What’s covered in a businessowners insurance package?

There are typically several important areas of a BOP insurance package.  These include:

General Liability

Provides coverage for your organization, employees and volunteers against claims of negligence.

  • Occurrence or claims-made forms available
  • Defense costs outside the limits
  • Our broad “Who is an Insured” definition automatically includes volunteers
  • All policies include Catastrophic Violence Response
  • Coverage for violent incidents

Optional coverages:

  • Legal Defense Coverage - Provides coverage for defense costs which are not normally covered by other insurance policies or our policy coverage forms.
  • Increased limits for medical payments

Management Liability

Protects your directors, officers, trustees and other elected members of your governing body against allegations of wrongful acts.

  • Our broad “Who is an Insured” definition includes
    spouses if named in a covered lawsuit
  • Includes coverage for disputes between affiliated entities

Optional coverage:

  • Educators’ Liability Endorsement

Professional Liability

Provides coverage for your organization and professionals against liability sustained resulting from errors and omissions while performing their professional duties.

  • Occurrence or claims-made forms available
  • Defense costs outside the limits
  • Our broad “Who is an Insured” definition covers a number of positions

Umbrella Insurance

An umbrella liability policy is designed to protect your organization from major claims, providing higher limits of insurance for such things as general and automobile liability exposure.

  • Occurrence or claims-made forms available
  • Defense costs outside the limits
  • Large in-house limits available

Workers Compensation

Our workers’ compensation insurance policy supports your organization’s employees should they be injured during the course of their employment.

  • A dividend program is available to insureds with qualified annual workers’ compensation premiums of $10,000 or more

Other Coverages

  • Crime
  • Inland Marine