Business Coverage
Business Owner’s Policy for Small Businesses
Protect your business with a comprehensive Business Owner’s Policy (BOP) from Garry Insurancenter. Our BOP combines essential coverages, safeguarding your operations, property, and income so you can focus on what you do best.
Common Questions
Business Owner’s Policy FAQs
A Business Owner’s Policy (BOP) offers essential protection, but it can be complex. Here, we answer common questions to help you understand your coverage options.
What is a Business Owner’s Policy (BOP)?
A BOP is a convenient package for small businesses that combines property insurance, general liability, and business interruption coverage. This policy provides comprehensive protection in one, easy-to-manage policy, safeguarding your property, income, and liability.
Who needs a Business Owner’s Policy?
A BOP is ideal for small to medium-sized businesses, particularly those with physical locations, customer interactions, or valuable assets. Retailers, restaurants, and service-based businesses in Minnesota can all benefit from the protection a BOP provides.
What does a BOP cover?
A BOP includes three core coverages: property insurance for buildings and assets, liability insurance for claims related to accidents or damages, and business interruption to cover income loss during temporary closures. It’s an all-in-one policy to protect your business from multiple risks.
Can I customize my BOP to fit my business needs?
Absolutely. Our BOPs are flexible and can be tailored to meet your specific needs. You can add coverages like data breach protection, equipment breakdown, and more. We’ll work with you to build a policy that offers comprehensive protection for your unique risks.
How much does a Business Owner’s Policy cost?
BOP costs vary based on your business size, location, industry, and coverage needs. We provide competitive, affordable rates for Minnesota businesses, helping you get the protection you need within your budget.
Does a BOP cover employee injuries?
No, employee injuries are covered under workers’ compensation insurance, which is a separate policy. A BOP covers property, liability, and business interruption but not injuries to employees. We can help you add workers’ comp to ensure complete coverage for your team.
Can I bundle other coverages with my BOP?
Yes! We offer additional coverages like cyber liability, professional liability, and commercial auto insurance that can be added to your BOP. Bundling these coverages provides more comprehensive protection tailored to your business.
Why choose Garry Insurancenter for my Business Owner’s Policy?
As a family-owned agency with over 50 years of experience, we know the unique needs of Minnesota’s small businesses. We’re committed to offering reliable, affordable coverage and personal support, so you can focus on growing your business with peace of mind.
