How Business Owner’s Policies (BOPs) Work: Bundled Protection Made Simple
One Policy, Big Protection for Small Businesses
If you're a small to mid-sized business owner, you likely need multiple types of coverage, property, liability, and more. A Business Owner’s Policy (BOP) conveniently bundles the essentials into one package. It’s cost-effective, easy to manage, and tailored for everyday risks. At OnePoint Insurance Agency, we help business owners across Georgia, Texas, Alabama, Florida, Illinois, Arizona, and beyond protect what they’ve built with the right BOP coverage.
What a Business Owner’s Policy Covers
A BOP combines several core protections into one streamlined policy:
General Liability Insurance: Covers third-party injuries, property damage, and legal defense.
Commercial Property Insurance: Pays to repair or replace your building, equipment, inventory, or tenant improvements.
Business Interruption (Income) Insurance: Replaces lost income if you’re forced to close temporarily due to a covered loss like fire or storm damage.
These coverages are standard in most BOPs and can be customized with optional add-ons, such as:
Cyber Liability Insurance
Equipment Breakdown
Hired & Non-Owned Auto Coverage
Professional Liability (Errors & Omissions)
Employee Dishonesty / Crime Coverage
What’s Not Covered in a BOP
While BOPs are comprehensive, they do not typically include:
Workers’ Compensation: Purchased separately to cover employee injuries
Commercial Auto Insurance: Needed for business-use vehicles
Health or Disability Insurance: These require individual or group policies
Flood & Earthquake Damage: Often excluded unless added via endorsement
Professional Errors: Covered under a separate E&O policy
Your OnePoint advisor can help add the right endorsements based on your location, industry, and risk exposure.
Who Needs a Business Owner’s Policy?
BOPs are designed for small to mid-sized businesses with relatively low risk profiles. You should consider a BOP if:
You own or lease commercial space
You have inventory, furniture, or equipment to protect
You interact with the public—customers, clients, or vendors
You rely on income from physical operations
You want a simplified, bundled policy instead of managing multiple separate ones
Industries we serve include retail stores, restaurants, offices, salons, medical clinics, fitness studios, photographers, consultants, and more.
Frequently Asked Questions
How much does a BOP cost?
Premiums typically start around $500/year and range upward based on your property value, risk level, and optional coverages. It’s often cheaper than buying separate policies.
Can I customize my BOP?
Yes. You can add riders for cyber, employment practices liability, equipment breakdown, and more—especially important in sectors like tech, healthcare, or hospitality.
Is business interruption coverage included?
Yes, most BOPs include coverage for lost income and operating expenses if your business shuts down due to a covered event like fire or storm.
Do I need a BOP if I work from home?
Possibly. Homeowners policies usually exclude business losses. If you store inventory, see clients, or operate machinery at home, a BOP may be appropriate.
Does OnePoint serve my area?
Yes! We proudly offer BOPs to small businesses in Georgia, Texas, Florida, Alabama, Illinois, Arizona, and throughout the U.S.
How OnePoint Can Help
As an independent agency, OnePoint shops top carriers to find the best BOP for your industry and budget. We explain what’s included, what’s not, and how to customize the policy to match your real-world risks. With our local expertise and nationwide access, you're covered from Main Street to online storefronts.
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