A BOP typically includes three core policies:
Property insurance helps pay for damage of business-owned property and equipment.
Liability insurance helps pay for third-party claims for which your business is legally liable.
Business interruption insurance helps cover everyday bills if your company must shut down to allow for repairs after a covered event.
Your small business may need more coverage than a BOP provides. Depending on your situation, your agent may recommend adding the following coverages:
Commercial auto insurance
Employment practices liability insurance
Cyber liability insurance
Worker’s compensation insurance
Equipment breakdown insurance