Quick answer
A businessowners policy (BOP) packages general liability and commercial property, usually with business income coverage, into one policy, often for less than buying them separately. It's built for small, lower-hazard businesses such as offices, shops and many service trades. It doesn't include workers' compensation, commercial auto, professional liability or flood, and Florida BOPs often carry a separate windstorm or hurricane deductible.
Coverage Overview
A Businessowners Policy (BOP) bundles the two coverages almost every small business needs - general liability and commercial property - into one policy, usually at a lower combined premium than buying them separately.
What a BOP typically includes
- General liability coverage for third-party bodily injury and property damage claims
- Commercial property coverage for your building (if owned) and business personal property - equipment, inventory, furnishings
- Business interruption coverage for lost income if a covered loss shuts down operations
Carriers we compare
We shop BOP coverage across biBERK, Hiscox, and Next Insurance - all built for small and mid-sized businesses rather than a one-size-fits-all commercial rate.
Businessowners Insurance FAQ
What's the difference between a BOP and buying general liability and property separately?
A BOP packages both into one policy, usually at a lower combined cost, with coordinated coverage and one renewal date instead of two. The tradeoff is that BOPs are underwritten for certain lower-hazard business types and revenue sizes - not every business qualifies.
Does a BOP include workers' compensation?
No - workers' compensation is always a separate policy, required in Florida for construction businesses with one or more employees and most other businesses with four or more. A BOP covers your liability and property exposure, not employee injuries.
What size or type of business qualifies for a BOP?
Generally small-to-midsize businesses in lower-hazard industries - offices, retail, restaurants, and many service businesses. Higher-hazard operations or larger revenue businesses often need coverage built as separate general liability and commercial property policies instead.
What it usually doesn't cover
- Employee injuries. Workers' compensation →
- Vehicles the business owns or uses. Commercial auto insurance →
- Mistakes in professional advice or services. Errors & omissions insurance →
- Data breaches and cyber attacks, beyond any small built-in limit. Cyber liability insurance →
- Flood from rising water or storm surge. Flood insurance →
Every policy is different. Your declarations page and policy form decide what's covered.
Have this ready before you ask for a quote
- What the business does, in a sentence or two, and its NAICS code if you know it
- Annual revenue and number of employees
- Location, square footage, and whether you own or lease
- Value of equipment, inventory and furnishings
- Prior claims (loss runs) for the last three to five years
- Any coverage your lease or contracts require
Don't have everything? Send what you have; an agent will ask for the rest. Coverage can't be bound or changed through this website.