Business Owners Insurance
Business Owners Insurance provided by Thomas Insurance Agency .
Most businesses will need a business owner’s policy (BOP). A BOP combines business property, business liability and business income insurance in one policy.
Do I Need Business Insurance?
Businesses need business insurance because it helps cover the costs associated with property damage and liability claims. Without business insurance, business owners may have to pay out-of-pocket for costly damages and legal claims against their company. Depending on the incident, this could be a financially devastating scenario for business owners. In some states, businesses are required to have specific types of business insurance.
BOP insurance will help keep you protected if your company has
Workers can accidentally injure customers or cause property damage. With this policy, you’ll have protection for them and your business.
Any chance of a lawsuit
If a customer slips and falls at your store, this can help pay their medical expenses and your legal costs.
A physical location
Your BOP policy can help cover businesses run out of your home, a rented or owned office, store or garage.
Assets that could get stolen or damaged
Digital property, equipment, furniture, cash and inventory are all difficult to replace without the right insurance.
Private customer data
If someone steals or loses personally identifiable information, this can help pay expenses like notifying impacted clients and public relations.
Purchasing a BOP Policy is smart and convenient. It simplifies coverage needs by including business property insurance and business liability insurance. These are two important coverages combined into one.
No matter what type of business you own, BOP Insurance can be expertly tailored to your business.
We are business owners just like you and can recommend coverages that fit your business needs. We will walk you through the whole process of selecting coverages that are right for you.