Business Owners Policy (BOP) Insurance in Austin, TX

If you’re a small business owner in Texas and you want to bundle your policy to save money, a business owners policy (BOP) may be appropriate for you. If you’re curious about this type of insurance, S&T Duran Insurance Agency is here to help you.

What Is a BOP?

A BOP bundles key coverage, such as general liability, commercial property, and business interruption insurance, into a single policy. It is generally cheaper to purchase a BOP than to purchase separate policies.

A BOP may offer the following:

• General liability coverage may cover your legal expenses if your business is sued or held liable for damages to a third party.
• Commercial property coverage may help pay for repair or replacement costs if a covered event damages your building, inventory, equipment, or furnishings.
• Business interruption coverage may cover lost income if you’re forced to close your business temporarily due to a covered risk.

What Is the Difference Between a BOP and Commercial Package Policy?

Both BOPs and commercial package policies (CPPs) are bundled coverage policies offered to businesses. While a BOP is recommended for small businesses, a CPP may be more beneficial for larger businesses. In addition, a CPP may offer broader coverage options and more customization, including the ability to tailor coverage types and limits beyond what a BOP typically offers.

Where to Get a BOP

Contact S&T Duran Insurance Agency today to learn more or request a personalized quote.