A business owners policy (BOP) helps provide essential coverage for risks such as theft, liability claims, fire and business interruption losses. Here are the three core policies included with a BOP:
• General liability insurance helps pay for a company’s legal liability due to property damage or injury.
• Property insurance helps pay to replace or repair a company’s property after a covered incident.
• Business interruption insurance helps pay regular bills if a company must shut down to allow for repairs after a covered event.