This graphic designers advertisers insurance which is usually abbreviated as BOP, serves the needs of most advertising, graphic design and media service providers. A BOP provides three types of coverages under one policy, making it a breeze to bundle your insurance requirements for simplicity and complete coverage.
Graphic designers can purchase BOP policies on their own or with other insurance policies they might need.
Standard BOP policies include:
Business liability coverage. This protects your business from liability claims and the financial fallout from several types of lawsuits. For instance, if a client becomes injured while visiting your office - say they trip on your rug or slip on your linoleum floor - this insurance pays for the claims against you. It shouldn't be viewed as a professional liability policy, though, since it won't cover damages that result from when you provide professional services to a client.
Business property coverage. The building that you operate your advertising business or graphic design business out of and the furniture, equipment, office supplies, graphic design software, and other items are protected from loss under business property coverage in most BOP policies. For instance, if your computer gets fried during a lightning storm, this policy has you covered—and it pays for both owned and leased items.
Business income insurance. This policy protects your business from financial loss in the event that something happens that causes you to be unable to keep your business open. For instance, if a tree falls down during a storm and crashes through the roof of the building that you operate your business out of, this type of policy will enable you to recoup lost income while your business is closed for repairs.