A Business Owner's Policy (BOP) combines business property and business liability insurance into one convenient policy. BOP Insurance helps cover a business from claims resulting from things like fire, theft or another covered disaster from claims involving bodily injury, property damage and personal and advertising injury that could arise from a business operation.
Business can tailor a Business Owner's Policy (BOP) to help meet their unique needs by adding optional coverages like data breach, business income for off-premises utility services and other specialized coverages to their BOP.
BOPs should be considered if:
- The business has a physical location, whether it's out of a home or a rented or owned office, store or other work place.
- There's a possibility of the business being sued - for example, by a customer who was injured at your work place.
- There are assets that could be stolen or damaged - whether they're digital assets, customer data, equipment, furniture, cash or inventory.
- Purchasing a BOP is smart and convenient. It simplifies coverage needs by including business property and business liability, two important coverages that most businesses need, in one policy.
For more information specifically about The Hartford's BOP coverage, click here for details.
Information for this article was pulled from The Hartford Insurance Company's website.
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We can write your personal umbrella policies. Some of the features of the umbrella policy are:
- New drivers are acceptable
- $100/$300 underlying limits are available
- Coverage available in all states
- Property in multiple states is acceptable
- Celebrity coverage available - authors, athletes, actors
- Coverage for high risk households is available
- $5,000,000 excess over another umbrella is available
- If the home is covered through company A and auto through company B, we can write the umbrella through RLI or USLI
You can always call us if you have questions or need a quote. 1-800-869-2022
There are a few simple and easy things you can do to sell a Workers' Compensation policy. Not only will this help you sell, but it will also give your customers confidence in you.
- Educate yourself about the Workers' Compensation product. Customers will appreciate it when you can answer the difficult questions.
- Don't chase rates, guide your customers to the coverage they need. This is where your knowledge of the product will come in handy.
- Ask your customers questions, such as: Do you have a written safety plan? Do you have an established 'return to work' program? What exactly are your employee's job duties and responsibilities? If your customer didn't think of these things, this will help them know what is important to have.
- Go to businesses in your area and ask if they have a Workers' Compensation policy. Every business should have one.
- Call us and let us walk you through the process. 1-800-869-2022