Business Owners Policy (BOP)
As a small business owner you want to ensure that your business is covered comprehensively. Examples of BOP customers include offices, such as accountants, doctors, and realtors, as well as wholesalers, flower and gift shops, bakeries, delicatessens, beauty/barber shops, dry cleaners, photographers, printers and religious organizations. Having the proper Business Owners Insurance Policy is essential for protecting your business from the unexpected.
A Business Owner’s Policy (BOP) is recommended for most small businesses, as it bundles two critical coverages; property and liability. A BOP will cover your business in the event of such things as property damage, suspended operations, or lawsuits resulting from bodily injury or property damage to others.
Standard Coverages
- Business personal property (optional for some businesses)
- Building coverage (optional for some businesses)
- General liability
- Product liability
- Business income and extra expense (optional for some businesses)
- Employee dishonesty
- Equipment breakdown coverage
- Accounts Receivable
- Money and Securities
- Valuable Paper and Records
- Data Breach Coverage
Northwest Insurance Brokers Offers Protection You Can Trust
A current client who owns a floral shop locked up his shop one night and headed home. During the night there was a wind storm that knocked out power in his store. When the owner arrived in the morning he noticed the power was out and realized that his whole stock of flowers that were in the cooler/fridge was all ruined. In total there was over $15,000 worth of inventory lost. His Northwest Insurance Brokers agent had made sure to include spoilage coverage on his policy, so the client was able to replace his entire inventory that was damaged due to the outage.
Call Northwest Insurance Brokers today to have a specialized agent review your current coverages and make sure you are adequately protected.