A BOP typically combines the following coverages in one convenient bundle:
Commercial property insurance – Covers losses to property from common perils. It also covers office equipment, furniture, inventory, machinery, and anything else that is vital to business operations.
General liability insurance – Provides coverage for bodily injury and property damage to third-parties. It helps to cover attorney fees and medical bills for anyone injured by the company.
Business interruption insurance – Reimburses for loss of income if a covered disaster interferes with the successful operation of the business.