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What Businesses Need BOP Insurance Coverage? – Press Release

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Do I Need Property & Liability Insurance?

Virtually any company that owns property used to run its business (a building, equipment, furniture, etc.) can benefit from having property & liability insurance, as it covers a wide range of potential insurance claims. You should also consider a BOP if you lease space.

The property insurance in a business owners policy can cover:

  • Your building or leased space
  • The contents of your building, including tools, equipment, inventory, and the property of others in your care, custody, or control
  • Business disruption as a result of property damage and related expenses like covering net income and payroll costs

The general liability insurance in a BOP can cover:

  • Damage to customer property
  • Injuries to non-employees
  • Product liability
  • Libel, slander, and copyright infringement

All of that protection is provided in one combined policy.

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