Business Owners Policy (BOP) in Warminster PA & Phoenixville PA
Combined Coverage for Special Advantages.
At John Holroyd Agency, we’re committed to providing insurance solutions that keep small to medium-sized businesses protected. That’s why we combine various coverage options into one convenient package – for more benefits than a typical Business policy and better savings through competitive pricing.
A Business Owners Policy (BOP) from John Holroyd Agency allows your business to create a customized insurance policy that combines Property, Commercial General Liability, and Crime Insurance, as well as additional coverage types based on your needs.
The proper Business Owners Policy can keep your day-to-day operations protected with options such as:
Find Out if Your Business is Eligible
Since Business Owners Policies apply only to special types of businesses with specific needs, operations, and risks, it’s important to contact a specialist at John Holroyd Agency who can help you determine whether a BOP is right for your small or medium-sized business.
More About BOPs:
Every business needs commercial insurance, but because there are so many types of policies on the market, the average business owner might find it hard to coordinate their benefits. A business owners policy, commonly called a BOP, is a package of business insurance options that eliminates that challenge. The BOP will offer the policyholder the convenience of getting their most essential commercial benefits in one place.
Small business owners might find it challenging to try to juggle all these different layers of coverage in a cohesive and efficient manner. By having a BOP, you’ll get your most critical and beneficial coverage in one place. Plus, the coverage limits, deductibles and other terms of the plan will be specifically tailored to the needs of smaller operations, while remaining customizable to your individual needs.
Standardized BOPs usually offer three separate benefits:
Property Insurance: If something damages physical property – such as your building or possessions – then this coverage can help you repair or replace them.
General Liability Insurance: This covers the business in the event it causes property damage or bodily injuries to another party, like a client or vendor.
Business Interruption Insurance: This helps you pay the bills if you must temporarily close after a damaging accident.
However, you will often need to augment the BOP with other coverage like:
Workers’ compensation insurance
Commercial auto insurance
Professional liability/Errors & omissions insurance
Inland marine insurance
Employment practices liability insurance (EPLI)
Products/completed operations liability insurance
Cyber liability insurance
Umbrella liability insurance
Many of these policies can be purchased as endorsements to your BOP itself. Others must be purchased separately. Our agents are the experts who will know how to seamlessly integrate your BOP into your overall commercial insurance portfolio so that you always receive the highest level of coverage.
Because a BOP offers numerous benefits in one place, it is often more affordable overall as opposed to buying separate benefits. We’re committed to working with you to ensure that the terms, limits and premiums within your chosen coverage always offer you the best cost value overall. You can rely on us to comprehensively compare the policies from our network of carrier partners to help you choose the benefits that will truly be to your greatest financial advantage.