Business owner’s policy

Covering the basics
shouldn’t take three policies.

A Business Owner’s Policy — a BOP — bundles general liability, property, and business income into one. It’s usually the simplest, and often the most cost-effective, way for a smaller business to cover the essentials. We’ll tell you honestly whether it’s the right fit.

Business owner’s policy · BOP
Active
Policy
Mercer Studio LLC
Policy BOP-2026-0512 · Bundle · Eff 06/01/26
Package
3 in 1
General liability
Included
Property
Included
Business income
Included
Recent activity
View all →
  • Proof of insurance · landlord
    Mercer Studio LLC · lease packet sent
    Today
  • Property values · refreshed
    Equipment + inventory · annual check
    Today
  • Business income worksheet · updated
    Period of restoration · 6 months
    Yesterday
  • BOP bundle reviewed
    GL · property · business income, one policy
    May 19
Where to start

First policy, or trading up from a patchwork?

New to insurance
Just getting the business covered?

We'll explain what a BOP bundles, what it leaves out, and whether it's the right place to start — plain English, no pressure.

One policy — what’s inside
  • General liability
    Someone gets hurt, something breaks.
  • Property
    Your furniture, inventory, equipment, fixtures.
  • Business income
    Income replaced if a covered loss pauses you.
Less to buy, less to track, less to fall through the cracks.
Consolidating or reshopping
Already piecing it together?

Already piecing it together with separate policies? Upload what you've got. We'll see whether a BOP would cover it for less — or tell you straight if you've outgrown one.

Today — three policies
3 renewals · 3 bills
  • General liabilityRenews Mar
  • Commercial propertyRenews Jul
  • Business income riderRenews Nov
With a BOP — one policy
Business Owner’s Policy1 renewal · 1 bill
What’s inside

Three coverages, working as one.

A BOP rolls the three things almost every business needs into a single policy — so there’s less to buy, less to track, and less that can fall through the cracks.

Claim · GL
Customer slip in the showroom
Third party · on premises
Medical
$8,400
Status
Defense engaged

If someone gets hurt or their property is damaged because of your business, it helps cover the claim and the cost to defend it.

General liability
Your space · plan view

Your furniture, inventory, equipment, and fixtures, protected against covered losses like fire or theft.

Property coverage
Income · during a covered pause

If a covered loss forces you to pause, it helps replace the income you would have earned while you get back on your feet.

Business income
One Business Owner’s PolicyOne renewal · one bill · one broker

What’s included and how much varies by policy form, carrier, limits, and endorsements. We review the wording before recommending anything.

Is this you?

Built for the business that wants it simple.

If a few of these sound familiar, a BOP is often where a smaller business starts — and we’ll tell you honestly whether it fits yours.

01

You run a smaller, lower-hazard business — an office, shop, studio, or storefront.

Lower-hazard business
02

You need liability and property coverage, and you'd rather buy them together.

Bought together
03

You lease a space, and the landlord wants proof of insurance.

Lease requires proof
04

You'd want income covered if a fire or theft shut you down for a while.

Income protected
05

You want one straightforward policy to start with, not a stack of separate ones.

One policy
Where it stops

What a BOP leaves for other policies.

A BOP covers a lot, but not everything. Here’s what lives in its own policy — and what usually picks it up.

Each line links to the coverage page that usually responds. None of these are recommendations by themselves — what you need depends on the business and the contracts.

In real life

Where a BOP earns its keep.

Scenario · 01
LEASE PACKET
LS-2026-0311
Boutique signs its lease
Retail · new storefront
Landlord asks
Liability + contents + income
Answer
One BOP · one certificate
Status
Lease signed

A boutique needs liability, contents, and lost-income coverage before signing a lease.

Scenario · 02
NEW POLICY
BOP-2026-0347
One policy, both bases
Professional office · 6 people
Property
Furniture · equipment · files
Liability
Visitors · premises
Renewals
One date, not three

A small professional office wants property and liability handled in one policy.

Scenario · 03
PROOF OF COVERAGE
COI-2026-0592
Landlord holds the lease
Studio · pending certificate
Required
Property + liability proof
Issued
Certificate of insurance
Outcome
Lease finalized

A studio's landlord won't finalize the lease until there's proof of coverage.

Scenario · 04
GROWING PACKAGE
PKG-2026-0184
The BOP grows with you
Year 2 · first hires + first van
Start
BOP · the essentials
Added
Workers' comp · commercial auto
Managed
One broker, one picture

A growing business starts with a BOP, then adds workers' comp and auto as it hires and buys vehicles.

What it costs

What a BOP costs — and what moves the number.

A BOP is often more affordable than buying the pieces separately — that’s a big part of the appeal. The price comes down to a handful of factors, and two of them are easy to get wrong on your own: what your property is actually worth, and how much income you’d need to protect. We help you get those right, so you’re not over- or under-covered.

Lease requirements
0 of 4
Clause
“Tenant shall maintain commercial general liability coverage of not less than $1,000,000 per occurrence and $2,000,000 in the aggregate, commercial property covering Tenant’s business personal property and tenant improvements, and business income coverage sufficient to maintain rent obligations during a covered loss…”
We set up
  • What your property is really worth to replace — furniture, inventory, equipment.
  • How much income to protect if a covered loss makes you pause.
  • The proof of insurance your lease or landlord asks for, if you're renting a space.
  • How the BOP connects to workers' comp, auto, cyber, and umbrella as you grow.
What affects your price
The inputs that actually move it.

These are what underwriters look at. None of them give you a quote on a landing page — but they tell you what we’ll need to size it.

01Industry02Property values03Revenue04Location05Building construction06Claims history07Endorsements

No guessing games and no fake instant quotes. We get the numbers right, check the market, and show you what actually drives the price.

How we help

We make sure simple doesn’t mean missing something.

A licensed broker — sizing the numbers in plain English and keeping the package current after bind. Insurance that feels handled.

01

We check whether a BOP genuinely fits — or whether a custom package is the smarter call.

02

We size your property and business income limits in plain English.

03

We connect the BOP to workers' comp, auto, cyber, and umbrella as you need them.

04

We keep the package current so it doesn't fall behind as you grow.

FAQ

The BOP questions we hear most.

It depends. Eligibility comes down to industry, revenue, location, property values, operations, and carrier appetite — and we check it for you. Many small offices, shops, studios, and service businesses are common candidates, but the only honest answer is to look at your specific situation.

Sometimes a BOP is a strong foundation, sometimes it isn’t. It typically covers general liability, property, and business income — but it usually doesn’t replace workers’ comp, commercial auto, professional liability (E&O), cyber, or specialty coverage. We help you see what falls outside the BOP’s edges so you can decide what else, if anything, you want alongside it.

Many BOPs include business income coverage that can help replace earnings when a covered property loss forces you to pause. The waiting period, limits, and covered causes of loss vary by policy — we walk through the wording with you before anything is bound.

Sometimes, but as a business grows in revenue, locations, payroll, or operational complexity, a custom commercial package often becomes a better fit than a BOP. We check what makes sense for your specific business.

Get covered

Let’s see if a BOP’s your simplest start.

Tell us a little about your business and your space, see your options, and we’ll tell you honestly whether a BOP is the right fit.

What happens next
Your plan
A coverage map, written like a checklist.
  • 01Check whether a BOP genuinely fits your business
  • 02Size property and business income limits in plain English
  • 03Handle the proof of insurance your lease asks for
  • 04Connect workers' comp, auto, and cyber as you grow
Sample · not advicefeels handled.