A business owner’s policy is a type of insurance that bundles various types of cover into one package. Because these packages typically offer cover at a lower rate than making separate cover purchases, they tend to be a popular option for small businesses.Most business owners’ policies cover property damage, legal liability, and business interruption but won’t cover commercial auto insurance, health insurance, disability insurance, professional services insurance, and professional liability insurance.Additionally, BOPs are generally exclusively available to small and medium-sized businesses in lower-risk industries such as retail and manufacturing. Always clarify the extent of cover with a prospective insurer before signing any documents.