Business Owners
Of the many professional challenges you tackle alone every day, risk management doesn’t have to be one of them. We will calculate your exact liability needs, pinpoint the best benefits package, help you navigate Georgia’s workers compensation laws, and so much more. A business owners policy, commonly referred to as a BOP, is a package policy for small- to medium-sized businesses. They are mainly targeted for low-risk type businesses and offer a wide variety of coverages for the business owner. If your business fits this low-risk profile, then you may be eligible for a BOP.
What can a BOP cover? A BOP is a very handy tool for a small- to medium-size business because it can cover a number of different aspects of the business. You can elect for your BOP to cover your real property (i.e., your building), your business personal property (i.e., desks, chairs, computers), and include general liability insurance. The great thing about it is you can potentially have all these coverages in one policy instead of having to keep up with multiple different policies.
Most business owners are extremely busy, so anything with the ability to make their lives easier is typically a welcome addition. And combining all these coverages into one policy makes it more cost efficient than having to assemble and purchase multiple policies. Another great advantage of a BOP is that there are all different kinds of coverages that can be endorsed onto them, such as coverage for loss of business income or even the business’s outdoor signage. If you are interested in receiving a BOP quote from Coastal Underwriters please call us today at 912-267-6735 and we will be more than happy to assist you.