Business Owners Policy (BOP) in Mount Prospect & Beyond
Affordable, All-In-One Protection for Small Businesses
A Business Owners Policy (BOP) combines the most essential commercial coverages into one simple, cost-effective package. Designed for small to mid-sized businesses, a BOP typically includes general liability, commercial property, and business interruption insurance. It’s a convenient way to get broad protection at a better value than purchasing each policy separately. Whether you run a retail shop, office, café, or service-based business, a BOP provides a strong foundation for protecting your building, contents, and daily operations.
What’s Included in a Business Owners Policy
General Liability
Covers customer injuries, property damage claims, and certain personal/advertising injury exposures — essential for any business with foot traffic or client interaction.
Commercial Property
Protects your building (if owned) or business contents (if leased), including equipment, furniture, inventory, and tenant improvements from fire, theft, storms, and more.
Business Interruption
Provides income replacement and helps pay ongoing expenses if a covered loss forces your business to temporarily close. Crucial for maintaining cash flow after a major event.
Customizable Enhancements
Even though a BOP is pre-packaged, we can tailor it to your business. Add-ons may include data breach coverage, employee dishonesty, equipment breakdown, outdoor sign coverage, and other industry-specific endorsements.
Eligibility for Small Businesses
Retail shops, restaurants, offices, studios, and many service providers often qualify for a BOP. We review factors like square footage, revenue, and risk profile to determine eligibility quickly.
What to Expect From Our Team
We begin by learning how your business operates — from your daily customer interactions to your inventory, equipment, and physical space. We confirm whether your business qualifies for a BOP and then customize the policy with endorsements or supplemental coverages to fit your operations perfectly. As an independent agency, we compare BOP options from multiple insurers to find the right blend of coverage, affordability, and flexibility. When certificates or documentation are needed for landlords or contracts, we provide them promptly.
Understanding BOP Coverage Options
Below is a breakdown of how a Business Owners Policy helps protect small businesses.
| Coverage Type | What It Covers | Why It Matters |
|---|---|---|
| General Liability | Injuries, property damage, lawsuits | Core protection for customer-facing businesses |
| Commercial Property | Building, equipment, inventory, contents | Safeguards your physical assets |
| Business Interruption | Lost income & ongoing expenses after a loss | Helps your business recover financially |
| Optional Add-Ons | Data breach, signs, equipment, employees | Tailors the BOP to your exact needs |
Have questions about eligibility or coverage? We’re here to help.
Common Questions About Business Owners Policies
What is a BOP in insurance?
A BOP is a bundled commercial policy for small businesses that combines general liability, commercial property, and business interruption coverage into one affordable package.
Can I get a small business insurance package for my shop?
Most likely. Retail shops, restaurants, offices, and many service businesses qualify. We’ll help determine eligibility and customize your coverage.
Is a BOP cheaper than buying separate policies?
Typically yes. Because it bundles key protections, insurers usually offer a better combined rate.
Can I add coverage to my BOP?
Absolutely. We can add endorsements for cyber liability, employee dishonesty, equipment breakdown, outdoor signs, and more.
What if my business grows?
Your BOP can evolve with you. We review your needs regularly and adjust your policy or transition you to a more robust commercial package when appropriate.
The Perfect Foundation for Small Business Protection
A BOP provides essential coverage in one simple, affordable package. Let us help you build a policy that protects your business so you can focus on growth.
