Home Icon

Home

We browse through a wide variety of coverages and find the right one for you.
Get a Quote
Auto Icon

Auto

We browse through a wide variety of coverages and find the right one for you.
Get a Quote
Business Icon

Business

We browse through a wide variety of coverages and find the right one for you.
Get a Quote
Workers Comp Icon

Workers Comp

We browse through a wide variety of coverages and find the right one for you.
Get a Quote
Boats & Motorcycle Icon

Boats & Motorcycle

We browse through a wide variety of coverages and find the right one for you.
Get a Quote
Life Icon

Life

We browse through a wide variety of coverages and find the right one for you.
Get a Quote
Business Owners Policy (BOP)

Business Owners Policy (BOP)

Combined Coverage for Special Advantages

Business accidents can lead to costly property damage or liability lawsuits. Without the proper business insurance, such incidents could cause financial hardship. A business owners policy can provide financial protection for your business at a discounted rate. 


Contact AJ Gambardella Insurance in Stratford, Connecticut, to learn more about our business owners policies.  


What Is a Business Owners Policy? 


A business owners policy (BOP) combines essential business coverages into one convenient policy. By bundling the coverages together, businesses can typically receive a BOP at cheaper rates than it would cost to purchase each policy individually.  


Your business may have to meet specific criteria to be eligible to purchase a BOP. Contact AJ Gambardella Insurance to learn if your small- or medium-sized business qualifies for BOP coverage. 


What Does a Business Owners Policy Cover? 


Three primary coverages may be included in your BOP. The following are examples of common BOP coverages: 


  • Commercial property insurance may help pay for repairs or replacements if covered business items are stolen, damaged or lost.
  • Business interruption insurance may help reimburse you for lost expenses if a covered loss forces your business to shut down temporarily. This coverage may also be called business income insurance.
  • General liability insurance may help cover costs (e.g., medical costs and legal fees) if your business is accused of causing bodily injury, property damage, personal injury or advertising injury to third parties.




Every business experiences different levels of risk. While these coverages can provide essential business protection, additional coverages may be recommended. The following are examples of additional coverages that may be available as endorsements to your BOP or as separate policies: 

  • Crime insurance
  • Cyber liability insurance
  • Employment practices liability insurance
  • Hired and non-owned auto (HNOA) coverage
  • Accounts receivable insurance


General liability insurance is a crucial aspect of risk management for any business that works with customers or clients. It can help cover costs if your business is held legally responsible for causing third-party harm (e.g., bodily injuries, personal injuries, advertising injuries or property damage). For more information on what general liability insurance covers, click here. 


Most BOPs include general liability insurance as primary coverage. By purchasing a BOP, you may receive general liability insurance and other business coverage forms at a discounted rate.  


Where Can I Buy a Business Owners Policy? 


At AJ Gambardella Insurance, we make your business our priority. Contact us for a free BOP quote and to speak to an insurance agent today. 



We serve Stratford and Shelton, Connecticut.  

 


Related Articles

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

©2024. All rights reserved. | Powered by Zywave Websites