WEDNESDAY, APRIL 18, 2018
BOPs Often Leave Off Some Coverage
|
The business owners policy (BOP) is one of the easiest and most cost-effective ways of securing insurance for your small business. Packaging the most common business coverages in a bundled policy provides affordable peace of mind, one premium, often a single-loss deductible, and only one insurance company to work with during a claim.
There are some things, however, that aren't covered under the BOP. Coverages that are potentially needed but aren't included under the standard BOP include professional liability, commercial auto, and workers compensation.
Certain classes or types of business work perfectly within the confines of a BOP policy, but your best course of action is to go through a comprehensive checklist of operations with your agent.
|
No Comments
Post a Comment |
Required
|
|
Required (Not Displayed)
|
|
Required
|
All comments are moderated and stripped of HTML.
|
|
|
|
|
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only.
It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional
in your state. By using this blog site you understand that there is no broker client relationship between
you and the blog and website publisher.
|