Business Owners Policy (BOP)
A business owners policy bundles general liability and commercial property coverage into a single package designed for small and mid-sized businesses, usually at a lower combined cost than buying each coverage separately. The Allen Thomas Group evaluates whether a BOP's standard structure actually fits a given business or whether specific endorsements or standalone policies are needed to close real gaps.
What a BOP Typically Includes
- General liability for third-party bodily injury, property damage, and advertising injury claims
- Commercial property covering the building (if owned) and business personal property against fire, theft, and other named perils
- Business income coverage to replace lost income if a covered property loss forces a temporary shutdown
Many BOPs also allow add-on endorsements for things like equipment breakdown, data breach, or higher liability limits, letting the base package flex to the business without building a fully custom program from scratch.
What a BOP Doesn't Cover
A BOP does not include workers' compensation, commercial auto, professional liability, or employment practices liability. It's also typically only available to businesses under a certain size and risk profile; carriers exclude higher-hazard operations (some contractors, manufacturers, and certain retail categories) from standard BOP eligibility because the risk profile doesn't fit the package's pricing model.
Why the Bundle Actually Saves Money
| Approach | Typical Cost Impact |
|---|---|
| Separate GL + property policies | Higher combined premium, two sets of policy fees and minimums |
| Bundled BOP | Lower combined premium, single deductible structure, one renewal date |
Carriers price BOPs assuming a business will carry both coverages together, which lets them discount the bundle versus what each policy would cost written alone. The tradeoff is less customization than a fully separated program, which is why higher-risk or larger businesses often outgrow the BOP format.
How The Allen Thomas Group Can Help You
We'll help you understand exactly how business owners policy (bop) affects your coverage and cost, then shop your policy across 15+ A-rated carriers to find the right fit.
Get a Precise Quote