A business owner's policy includes both general liability insurance and commercial property insurance, sometimes called business hazard insurance. Together, they provide liability and property coverage for your small business.
Business Owner Policy
You'll almost certainly require a company owner's policy if you own or rent a workplace.When renting or owning an office or other commercial space, most small businesses require general liability and commercial property insurance.Furthermore, general liability coverage is frequently required by client contracts.A BOP is a smart alternative for small businesses that engage directly with the public and own property, even if coverage isn't needed This coverage covers financial damages caused by customer accidents and incidents such as fires and break-ins.A business operating plan (BOP) is intended primarily for low-risk small firms. If your company qualifies, you'll save money and get coverage for the most common claims.
What Does General Liability Cover?
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