Business Owners Policy (BOP) Insurance in Phoenix, AZ
A business owner’s policy (BOP) bundles property and liability coverage for small and medium-sized companies. A BOP may help cover losses from fire, theft and other covered incidents. BOPs may also address claims arising from day-to-day operations, including bodily injury, property damage or advertising-related issues.
What Types of Businesses May Benefit from a BOP? 
A BOP may suit small to mid-sized businesses that face physical and liability risks. Retail stores, restaurants, contractors and offices often choose this coverage because it can address common hazards like property damage, equipment loss and customer injury. Businesses that own or lease space, have valuable inventory or frequently interact with the public may find a BOP helpful in managing common exposures.
What Does BOP Cover?
Standard BOPs usually include the following protections:
- General liability insurance may cover third-party claims for bodily injury, property damage or reputational harm.
- Commercial property insurance may cover owned or leased property if covered events damage it. This includes buildings, equipment, furniture and tools.
- Business interruption insurance may help replace lost income and operational expenses if your business must temporarily halt operations due to a covered event.
You can also tailor your BOP to include optional coverages, such as the following:
- Workers compensation insurance
- Professional liability insurance
- Commercial auto insurance
- Cyber insurance
What Events Are Not Covered by BOP?
A BOP does not cover every risk a business might face. It typically excludes flood and earthquake damage, employee injuries, professional mistakes and accidents involving company vehicles. It also does not cover intentional acts, maintenance issues or cyber incidents unless added separately.
Business owners should review policy details and consider extra coverage for risks not included in a standard BOP.
Learn More
Not every business is eligible to purchase a BOP. Contact Always Insured today to find out if a BOP is a good fit for your company, and get a personalized quote.