Bankers Business Owners Policy is designed for small to medium-sized businesses like yours, and focuses on the needs of retail, mercantile, office and habitational occupancies, including business owners who lease out their premises to similar businesses.
The Business Owners Policy combines property coverage, liability and additional coverages that most businesses require into one policy with the exception of workers’ compensation, auto and flood. Optional coverages also can be added to meet specific needs of your business. BOP is a simplified way of providing you with the basic coverage at a lower cost than with buying separate policies.
We offer coverage against:
Business Interruption: Business Interruption coverage provides protection for a temporary shutdown of your business due to a covered cause of loss. It provides coverage for loss of income or extra expenses you incur to resume operations.
Business Liability: Liability coverage is provided for your operations and all premises you own, operate, or lease. This protection includes:
- Bodily Injury, Property Damage, and Medical Expenses
- Products – Completed Operations
- Personal Injury and Advertising Injury
- Damage to Premises Rented to You
Professional Liability: A form of liability insurance that helps protect professional advice- and service-providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit. (Available for hearing aid stores, beauty salons, barber shops, nail salons and pet groomers)
Windstorm or Hail Damage/Sign Damage
Mitigation Services: The effort to reduce loss of life and property by lessening the impact of disasters (analyzing risk, reducing risk, insuring against risk).
Data Breach: An incident in which sensitive, protected or confidential data has potentially been viewed, stolen or used by an individual unauthorized to do so.
Merchant Chargeback Advocacy: Helps businesses avoid the costs associated with illegitimate chargeback claims. Watch our short video on this endorsement to learn more.
Employee Dishonesty: This valuable coverage will reimburse your business for losses caused by the dishonest acts of your employees.
Find an agent in your area today and start feeling safer about the future of your business.