Business Owners Policy (BOP)

A Business Owners Policy (BOP) combines essential coverages into a single, cost-effective policy for small to medium-sized businesses. Coverage includes:

• General Liability: Protects against third-party claims for bodily injury, property damage, or advertising injury.
• Commercial Property Insurance: Covers your building, equipment, inventory, and other physical assets.
• Business Interruption: Provides income replacement and operating expense coverage if your business is temporarily closed due to a covered event.

The Importance of a Business Owners Policy (BOP)

A BOP is an excellent choice for businesses looking to simplify and enhance their insurance protection:

• Cost Savings: Bundling multiple coverages into one policy often reduces overall premiums.
• Comprehensive Protection: Addresses common risks businesses face, such as liability, property damage, and lost income.
• Tailored for Small Businesses: Designed to meet the specific needs of small to medium-sized operations.
• Ease of Management: Combines coverages into a single, easy-to-manage policy.

The Importance of Customizing Your BOP

Each business has unique risks, and customizing a BOP ensures you’re fully protected:

• Add-On Coverages: Include options like cyber liability, equipment breakdown, or crime insurance for added protection.
• Industry-Specific Solutions: Tailor your BOP to address risks unique to your industry.
• Scalability: Adjust coverage as your business grows or evolves.

At Armada Insurance Services, we specialize in crafting Business Owners Policies tailored to fit your specific needs. Contact us today to build the right BOP for your business!