Business Owner’s Policy
Protect your small business with commercial insurance.
What Is A Business Owner’s Policy?
A Business Owner’s Policy (BOP) combines several core insurance protections into a single, cost-effective package designed specifically for small and mid-sized businesses. A BOP combines several coverages like General Liability and Commercial Property into one package. Beyond these essential protections, a BOP can be customized with a wide range of endorsements tailored to the unique risks of your industry, such as cyber liability, equipment breakdown, or coverage for tools, contractors’ equipment, or valuable documents.
What makes a BOP especially valuable is its ability to streamline coverage while keeping costs manageable. By bundling multiple policies into one comprehensive package, businesses gain broad protection against lawsuits, property losses, and operational setbacks without having to manage several standalone policies. In addition, many BOPs include Business Income coverage, which helps replace lost revenue and operating expenses when a covered event forces your business to slow down or temporarily close. For many companies, a BOP serves as the backbone of a well-structured risk management plan that supports long-term stability, continuity, and financial protection in the face of unexpected events.
Who Needs A Business Owners Policy?
Contractors and Construction Professionals
Provides core liability and property protection for tools, equipment, and jobsite-related exposures. (with proper endorsements)
Retailers and Storefront Businesses
Shops, boutiques, and restaurants need both liability and property coverage for inventory and customer foot traffic.
Office-Based Professionals
Consultants, real estate professionals, insurance agencies, accounting firms, and service providers benefit from packaged coverage at reduced cost.
Home-Based or Online Businesses
E-commerce sellers, creators, and home offices often need property and liability coverage not included in homeowners policies.
Small to Mid-Sized Businesses
Companies needing both liability and property insurance at an affordable, bundled rate.
How QuickBizQuote Helps California Employers Shop A Smarter Business Owners Policy
Independent Insurance Brokerage:
QuickBizQuote is not tied to a single carrier. That means we compare multiple top California markets to help business owners find coverage that fits their operations, budget, and growth plans.
We help you:
Understand the key differences between carriers
Explore pricing, class codes, and rating factors
Identify potential premium savings (experience mods, payroll adjustments, safety programs)
Avoid common mistakes that lead to unexpected costs or compliance issues
Secure fast, same day quotes.
What Is Typically Covered with A Business Owners Policy?
General Liability Protection
Provides coverage for third-party bodily injury, property damage, and personal or advertising injury, helping safeguard your business from the most common legal claims.
Commercial Property Coverage
Covers damage to buildings you own, tenant improvements, inventory, furniture, equipment, tools, and other business property caused by fire, theft, vandalism, or certain weather events.
Business Interruption / Business Income
Reimburses lost income and operating expenses when your business is forced to temporarily close or slow down due to a covered property loss. This can include payroll, rent, and relocation costs.
Equipment, Tools, and Inventory Provides financial protection if essential equipment or inventory is damaged, stolen, or destroyed, depending on the policy structure and optional add-ons.
Tenant Improvements & Betterments
Covers the custom features or upgrades your business has added to a rented workspace.
Optional Coverages Available
Depending on your industry, a BOP can often be customized with key endorsements such as:
– Cyber Liability
– Employment Practices Liability (EPLI)
– Spoilage and Food Contamination (for food service)
– Contractors’ equipment
– Tools and installation coverage
– Outdoor signs
– Accounts receivable
– Equipment breakdown
– Valuable papers and records
What Is NOT Typically Covered with A Business Owners Policy?
Professional Services Errors
Mistakes in professional advice or consulting require a separate Professional Liability (E&O) policy.
Employee Injuries
Workers’ Compensation must cover employee injuries, not a BOP.
Commercial Auto Exposures
Any vehicle-related claims need to be covered under Commercial Auto insurance.
Flood, Earthquake, and Certain Weather Events
These require separate, specialized policies unless specifically endorsed.
Intentional Acts or Contractual Liability
Damage caused intentionally or liabilities assumed outside normal business operations are excluded.
Tools and Equipment Off-Premises (without endorsement)
Many BOPs limit off-site coverage; contractors often need inland marine or tools & equipment extensions.