Business Owners Policy
Business is unpredictable. The factors that shape your ability to do business are equally unpredictable. While you might have all the necessary liability and commercial policies in place, you may be neglecting one glaring oversight: combining them. A Business Owners Policy, known as BOP, combines the best of liability coverage with the best business coverage to create an over-arching, comprehensive New York insurance policy.
At Hopmeier Evans & Gage Insurance, we are pleased to provide affordable BOP Insurance solutions that can meet all of your unique risk exposures.
What is General Liability Insurance?
If you’re asking yourself this question, chances are you are a business owner and/or operator. Although many Business Owner Policies (BOP) do include liability coverage, it is often not enough to cover the costs that can come along with liability issues. General Liability insurance protects businesses from lawsuits, claims, court costs, etc.
Do You Need General Liability Insurance?
A common misconception of General Liability Insurance is that you have to own a multi-million dollar company in order to purchase it; this is NOT the case. Every business should have additional liability coverage. All businesses are huge investments and should be protected from the damages of liability issues.
General Liability Insurance covers the assets of a business when it is sued for injury, property damage, mistakes, etc. Basically, it protects the wellbeing of your business.
Our BOP policy covers, but is not limited to:
| ♦ | Business Insurance | |
|---|---|---|
| ♦ | Equipment Protection | |
| ♦ | General Liability | |
| ♦ | Hired Auto Coverage | |
| ♦ | Medical Payment Coverage | |
| ♦ | Property Coverage |
Businesses that should have BOP:
| ♦ | Convenient Stores | ♦ | Gas Stations | ||
|---|---|---|---|---|---|
| ♦ | Retail Stores | ♦ | Wine & Liquor Stores | ||
| ♦ | Contractors | ♦ | Architects | ||
| ♦ | Beauty Solons | ♦ | Chiropractors | ||
| ♦ | Bars & Restaurants | ♦ | Apartment Complex | ||
| ♦ | Professional Offices |
