Well look at you, you finally decided to wave goodbye to a 9-to-5 and set up your very own business. Sure, being your own boss is awesome, but it also means you’re playing for keeps and are on the hook for success. This makes finding the right insurance to protect your money-making endeavor pretty important.
Lucky for you, there’s a way to find top coverage that’s easy and affordable. Introducing the business owners policy, commonly referred to as a BOP. Our independent agents are BOP rock stars and will walk you through a handpicked selection of sweet options that will keep your business up and running.
A Business Owners Policy is insurance that allows a small business (that meets certain criteria) to combine coverage from multiple policies into one convenient package. These days, there’s a BOP for most mainstream businesses, from hair salons to hardware stores, which makes the process easier.
If there is damage to your property or the property of others, employee theft, mechanical difficulties, or an everyday accident at your business that causes a loss of income, a BOP can keep you from hitting the panic button.
Terrible things can happen if you don’t have a BOP:
BOPs provide most of the insurance coverage a standard business would need. It’s kinda like an appetizer sampler, but with the coverage of a full meal, and these tasty platters are premade and ready to serve.
Your menu of coverage can include:
The cost of a BOP depends on the coverage limits and a number of other factors like size, location and materials used. So a hipster hair salon in Milwaukee might only pay $200 a month, whereas a logging company on the north coast of California could pay $2,000 a month. Basically, the safer and smaller the company, the cheaper the premium.
It’s simple. Independent agents simplify the process by shopping and comparing insurance quotes for you. Not only that, they’ll cut the jargon and clarify the fine print, so you know exactly what you’re getting.
Independent agents work for YOU and not one insurance provider Actually, they’re the only agents who can check policies from multiple carriers. Plus, you’ll never outgrow an agent; they have the flexibility to find the right coverage as your business continues to expand and evolve.
There’s no business too small for our gifted agents! They’ll review your industry and needs and give you options for which insurance coverage makes the most sense. Most importantly, they’ll make straight BOP-to-BOP comparisons to ensure you have the best policy at the best price.