Business Owners Policy (BOP)

Business Owners Policy (BOP)

Your Business Owners Policy Partner

Protecting your business is crucial. That's why a Business Owners Policy (BOP) is a smart choice. With a BOP, you can have peace of mind knowing that your business is covered in case of unexpected events like property damage or lawsuits. Learn more about how a BOP can benefit your business today.

How a business owners policy protects your business.

A business owners policy (BOP) combines both property and liability coverage into one convenient policy.

General liability  insurance provides protection from liability lawsuits in the case of defective products causing damage, or claims that your business’s assets were the cause of an injury. It also protects you from libel, slander and other legal claims related to advertising.

The property portion of a BOP protects commercial buildings and business personal property, which is the movable property owned by and used by your business. It can also pay for other things like debris removal, loss of income and pollution cleanup as part of a covered loss.

Your business may benefit from a business owners policy.

Regardless of what type of business you own, the cost and coverage benefits of a BOP can cover you if your business:

  • Is located outside of your home
  • Has fewer than 100 employees
  • Has less than $5 million in annual sales
  • Has property or equipment you want to protect

The Midwest Heritage Difference

Better Pricing

We quote with our 15+ partner carriers to find you the best coverage and rate for your business. Our clients see an average of 11% reduction on their annual insurance expense.

Better Coverage

We offer versatile and robust solutions to assist both owner-operator organizations and those with hundreds of employees.

Better Service

Our team of professionals bring you both experience and expertise in a variety of industries.

Business Owners Policy FAQs

A business owners policy typically covers property damage, bodily injury, and personal and advertising injury. It may also cover business interruption, which provides financial protection in the event that your business is unable to operate temporarily due to covered losses.

A business owners policy is a good option for small businesses that have physical locations or assets that need to be protected, as well as those that have employees or interact with customers. It is particularly useful for businesses that face common risks such as fire, theft, or lawsuits.

Legal Disclosures and Information

Products offered by Midwest Heritage Insurance Services are not insured by the FDIC or any other Federal Government Agency, are not a deposit or obligation of, or guaranteed by Midwest Heritage, may involve investment risks, including possible loss of principal amount invested, and may lose value.