Small Business Articles


Everything You Need to Know About Business Owners Policy Insurance

Companies must have adequate business insurance to protect them financially when unexpected incidents occur. A crucial component of an effective business insurance strategy is what’s called business owners insurance—also referred to as a business owners policy or BOP insurance. Having a BOP in place can help shield your company from the costs associated with many types of business risks. Here, we’ll walk you through this essential form of coverage and tell you exactly why it’s important for you to have business owners policy insurance as a part of your overall insurance strategy.

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Does BOP Coverage Address Social Media Risks?

A business owners policy (BOP), which is also called property and liability insurance, is a policy that combines property insurance and liability insurance. It’s a streamlined approach to small business insurance that makes it easy for owners to protect their companies and property.

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What is a Garage Keepers Insurance Add-On Policy?

Garage keepers insurance is an add-on (also known in garaging insurance as an endorsement) that can be included with a business owners policy or BOP (also called property & liability insurance) or other types of insurance. A garage keepers insurance policy provides protection in situations where a customer’s vehicle is under your care, custody, control, or possession.

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What is Equipment Breakdown Coverage on a Business Owners Policy?

The insurance known as equipment breakdown coverage or boiler and machinery insurance coverage is what’s called an endorsement, add-on, or rider. It extends the coverage of a business owners policy or BOP. Also called property & liability insurance, a BOP is a simplified approach to small business insurance that combines general liability and commercial property insurance.