How Business Owner’s Policies (BOPs) Work: Bundled Protection Made Simple
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 several types of insurance property, liability, and more. A Business Owner’s Policy (BOP) conveniently bundles the essentials into one smart, cost-effective policy.
At OnePoint Insurance Agency, we help businesses across Georgia, Texas, Alabama, Florida, Illinois, Arizona, and beyond simplify their protection without cutting corners.
What a Business Owner’s Policy Covers
A BOP combines multiple core coverages into one streamlined plan:
Standard Coverage:
General Liability Insurance
Covers third-party bodily injury, property damage, and legal defense.Commercial Property Insurance
Pays to repair or replace your building, inventory, furnishings, or tenant improvements.Business Interruption Insurance
Replaces lost income and covers operating expenses if your business temporarily shuts down due to a covered peril like a fire or storm.
Optional Add-Ons Include:
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, there are some exclusions:
Workers’ Compensation – Purchased separately to cover employee injuries
Commercial Auto Insurance – Needed for vehicles used in business
Health or Disability Coverage – Requires individual or group health policies
Flood and Earthquake Damage – Must be added via separate endorsement
Professional Errors – Requires a separate E&O (professional liability) policy
OnePoint advisors can recommend the right add-ons based on your risk profile and industry.
Who Needs a Business Owner’s Policy?
A BOP is ideal for small to mid-sized businesses that want broad, bundled protection without managing multiple standalone policies.
You should consider a BOP if you:
Own or lease commercial space
Have inventory, equipment, or furnishings to protect
Serve the public or work with clients onsite
Rely on business income to operate
Prefer simplicity and cost savings over piecemeal policies
Industries served:
Retail stores, restaurants, offices, salons, clinics, fitness studios, photographers, consultants, and more.
Frequently Asked Questions
How much does a BOP cost?
Premiums start around $500 per year, depending on your property value, industry, and coverage selections. Bundling is usually more affordable than buying standalone policies.
Can I customize my BOP?
Yes. You can add endorsements for cyber liability, EPLI, equipment breakdown, and more—especially useful in tech, healthcare, and food service sectors.
Is business interruption included?
Yes. Most BOPs include lost income coverage and help with continued operating costs during covered shutdowns.
What if I work from home?
If you see clients, store inventory, or use professional equipment at home, a BOP may be appropriate—homeowners insurance usually won’t cover these exposures.
Does OnePoint serve my area?
Yes. OnePoint offers BOPs in Georgia, Texas, Florida, Illinois, Alabama, Arizona, and across the U.S.
How OnePoint Can Help
OnePoint is an independent insurance agency that shops top-rated carriers to match you with the best BOP for your industry, budget, and risk level.
We’ll help you:
Understand what’s covered—and what’s not
Add the right endorsements for your business
Compare options and find cost-effective bundles
Avoid underinsuring or overpaying
From your first client to your next expansion—we’re here to support your journey.
