Business Owners Policy (BOP) Insurance -  Westminster, Frederick, Columbia and Baltimore, Maryland and Washington, DC

Running a business costs money, so insuring it is a must. Keep costs affordable by investing in a Business Owners Policy, or BOP. It’ll provide comprehensive protection with sustainability in mind. 

What is a BOP?

The BOP developed out of the idea that businesses need multiple types of insurance. Insurers thus created the BOP to offer some of the most critical types of coverage in one package. 

With a BOP, you’ll have one package of essential insurance options. You’ll pay one premium and can tailor coverage limits to your personal needs. Therefore, you'll put your business on more secure financial footing. 

What do BOPs cover? 

Every BOP will vary. Yet, most offer a few standard coverage options. These generally include: 

• Property insurance: Covers physical assets like your building and the contents kept inside. 


• General liability coverage: If the business causes property damage or injury to customers, this coverage can help you repay them for their losses. 


• Interruption coverage: Covers you if you have to temporarily close your business after a hazard. Coverage can pay expenses like salaries or taxes though you cannot operate to make money. 

Keep in mind, your BOP won’t cover everything. You’ll likely need to augment coverage with extra policies like: 

• Commercial auto insurance 
• Professional liability coverage 
• Workers compensation 
• Health insurance for employees 

Work with your agent to set the most comprehensive policy structure for your company. 

Why do you need a BOP? 

Think about many of the ways a BOP can help you. 

If a fire or weather damages the store or items inside, you can get help replacing them. 
What if a customer slips and falls in your business? Your liability coverage can help pay their medical bills or legal settlements. 
If you accidentally damage a customer’s property, you can repay them for the damaged items. 

In these and many other circumstances you can easily see the benefits of a BOP. Rather than put your hard-earned assets on the line trying to clean up, let your coverage help. It’ll be valuable protection for your business. 

Contact Saratoga Insurance Brokers today 

Don’t hesitate to get a quote on a personalized BOP insurance policy right now! Contact us at 410-781-4660 or request an online quote right now!