If you run a small business in Utah, a Business Owner’s Policy, or BOP, is often the simplest and most cost-effective way to get the core coverage you need. Here is how to tell if it is the right fit.
What a BOP includes
A BOP bundles several essential coverages into one package, usually at a lower price than buying them separately:
- General liability: third-party injury and property-damage claims.
- Commercial property: your building, equipment, and inventory.
- Business interruption: lost income if a covered event shuts you down.
Who a BOP is right for
BOPs are designed for small to mid-size businesses with a physical location and property to protect, think retail shops, offices, restaurants, and similar Utah businesses with manageable risk.
What a BOP does not include
A BOP is a strong foundation, but it leaves out workers’ compensation, commercial auto, and professional liability. Those are added separately based on your business.
Want to see if a BOP fits your business? Explore commercial insurance or request a quote today.