What Is a Business Owner Policy (BOP)?
A business owners policy (BOP) combines various commercial insurance coverage with additional protection into one contract. This policy is most common for small or mid-sized business owners, as it can help them get the coverage they need at a lower price point than buying each option separately. Insurers determine who is and is not eligible to purchase a BOP, so check with your agent to find out if this is an option for your business.