What is a business owner's policy (BOP)?

A Business Owner’s Policy (BOP) combines business property and business liability insurance into one business insurance policy. BOP insurance helps cover your business from claims resulting from things like fire, theft or other covered disasters. Business owner’s insurance also helps cover claims that could arise from your business operations.

What does bop insurance cover?

BOP insurance helps cover your business from claims resulting from things like fire, theft or other covered disasters. Business owner’s insurance also helps cover claims that could arise from your business operations. These include claims of bodily injury or property damage. They also include claims related to personal and advertising injury.

How much does a progressive bop business owners policy cost?

New Progressive BOP customers pay an average of $113 per month or $1,351 annually. A business owners policy contains two main coverages: Liability: Includes third-party claims, such as bodily injury, property damage, and advertising injury. These are the same coverages you'd find in a general liability policy.