Bundled Coverage
A Business Owners Policy combines general liability and commercial property into a single policy with one premium and one renewal date.
Bundled Coverage
A BOP can be the foundation of a business insurance program, and the starting point for building on it.
What You Need to Know About Bundled Coverage
General Liability Component
The GL portion covers third-party bodily injury, property damage, and advertising injury claims, the same protection as a standalone GL policy, integrated into the BOP framework at a combined rate.
Commercial Property Component
Buildings, equipment, and business personal property are covered against fire, theft, wind, and other named perils. Coverage applies at your primary location and can be extended to other business premises.
Lower Combined Premium
A business owner's policy combines property and general liability in one policy rather than two separate ones, which is why it is worth looking at when a business needs both.