Does Your Small Business Qualify for a BOP?
The Business Owners Policy is the whole package for small business insurance needs! It combines property and liability coverage as well as business interruption and lost revenue insurance, into one package policy. The BOP is a great way to get the basic California business insurance coverage you need.
If you have a small business, you should definitely look into a BOP. To qualify for a BOP your business needs to have fewer than 100 employees and revenues of 1 million or less. You can always customize your business insurance coverage to include more liability.
A BOP also allows for companies to itemize particular risks in each industry. For example: A dry cleaner would want to purchase extra coverage in case of mechanical breakdown since their business relies almost completely on the machines in the shop. With this coverage, they would be able to solve the issue quickly and move forward with their work.
For more information on BOP coverage, or to find out if you qualift for this variety of insurance, give Remland Insurance a call today at 714) 532-3341
Written by: Rhonda Remland
Source: Entrepreneur
Photo Credit: Classic Cleaners
