Business owner’s policy covers general liability insurance and commercial property insurance. Also, a BOP costs less than buying policies separately, allowing you to protect your business without spending so much. Moreover, although states don’t require a BOP, purchasing a plan is a smart decision.
If you own a small business or rent a workspace, you should acquire a business owner’s policy (BOP).
Through a Business Owners Policy (BOP), business property and business liability insurance are combined into one company insurance policy. BOP insurance helps protect your business from accidents such as arson, theft, or other disasters covered by litigation. Business Owners Policy also helps cover claims that can result from the company's service.
With this life-changing situation, as Coronavirus disease 2019 (COVID-19), intrudes into the business economy. Think of what may happen nowadays to a business or company without business insurance. Business Insurance is an essential agent that offers protection to all significant property and liability risks in one package.