Industries We Serve
Commercial General Liability & Business Owners Policies (BOPs)
General Liability Insurance (also called Commercial General Liability or CGL) protects a business from third-party claims of bodily injury, property damage, and personal/advertising injury arising from its operations, products, or premises. It covers legal defense costs, settlements, and judgments.
Business Owners Policies (BOPs)
A Business Owners Policy (BOP) is a bundled insurance package designed primarily for small to medium-sized businesses. It typically combines commercial property insurance, general liability, and business income/interruption coverage into one policy. Many BOPs also include additional protections like crime or equipment breakdown.
BOPs are not one-size-fits-all; they can often be customized with endorsements.
Advantages of BOPs
- Cost Savings:
- Bundling usually results in lower premiums than purchasing separate policies (discounts for packaging).
- Simplified Management:
- One policy, one insurer, one renewal date, and easier claims process (single point of contact).
- Convenience and Efficiency:
- Tailored for smaller businesses with predictable risks; quicker to obtain and manage.
- Broad Protection:
- Combines key coverages (property + liability + lost income) in one place.
- Customization:
- Add-ons for specific needs (e.g., cyber, spoilage, outdoor signs).
- Eligibility:
- Ideal for businesses with fewer than 100 employees, under $5M in sales, and non-high-risk operations (not for very large companies or high-hazard industries that need commercial package policies instead).
Common Industries for BOPs
- Retail stores
- Restaurants and bakeries
- Offices (accounting, real estate agencies)
- Small contractors or service providers
- Salons, auto repair shops, dry cleaners
BOPs are generally not suitable for high-risk industries like large construction, manufacturing with heavy machinery, or businesses needing specialized coverages (e.g., professional liability, workers' comp, commercial auto — often added separately).