What is a Business Owners Policy?

Designed specifically for small businesses, a Business Owners Policy (BOP) is a combination commercial policy that covers property, general liability and business interruption. It is written with strict underwriting guidelines including maximum allowable square footage for office, retail, or apartment risks. A BOP is most appropriate for small "main street" businesses such as hardware stores, barbershops, salons, shops, accountant offices, or low density apartment houses. Discuss the option of a BOP with your broker-agent, as the premium for qualifying businesses can be very competitive.

Richter-Robb can assist you in your commercial business insurance needs. We service in excess of 600 brokers and we are an authorized broker for several large insurance providers.