Business Owners Policy (BOP) – Convenient Insurance Package for Small Businesses
Running a small business comes with enough moving parts—your insurance shouldn’t be one of them. A Business Owners Policy (BOP) combines general liability and commercial property coverage into one streamlined policy, often at a lower cost than buying each separately.
At Rodgers & Co Insurance, we help small and mid-sized businesses across
Mercer County, Lawrence County, and nearby Ohio communities determine if a BOP is the right fit, and then tailor it to cover their day-to-day risks.
Two Core Protections in One Policy
A BOP is designed for businesses that need both:
General Liability Insurance
Covers third-party bodily injury, property damage, and legal defense costs.
Commercial Property Insurance
Covers your building (if owned), tenant improvements, business personal property, equipment, and inventory against covered losses like fire, theft, and certain weather events.
Many BOPs also include:
Business Interruption Coverage
Helps replace lost income and pay operating expenses if a covered loss forces you to close temporarily.
Equipment Breakdown Coverage
Covers certain mechanical or electrical failures.
Who Qualifies for a Business Owners Policy?
Eligibility for a BOP typically depends on your industry, business size, and revenue. Common examples of businesses that qualify include:
Retail stores and boutiques
Small offices (accountants, consultants, real estate agencies)
Coffee shops, cafés, and small restaurants
Service-based businesses with a physical location
If your business meets certain criteria—such as under a set revenue threshold or occupying a smaller space—a BOP could be the most cost-effective coverage option.
Why Local Businesses Choose a BOP
A Business Owners Policy is popular with Pennsylvania and Ohio small business owners because it’s:
Simple
One policy to manage, one renewal date, and one point of contact.
Affordable
Packaging liability and property coverage usually costs less than buying them separately.
Comprehensive
Covers the most common risks small businesses face.
Example: If a fire damages your shop, your BOP could cover the building repairs, replacement of your inventory, lost income while you’re closed, and a customer slip-and-fall claim—all under one policy.
Customizing Your BOP for Your Business
Every business has unique risks. We can enhance your BOP with:
Cyber Liability/Data Breach Coverage
For businesses that handle customer data.
Commercial Umbrella Insurance
Extends your liability limits.
Hired/Non-Owned Auto Liability
If employees drive their own vehicles for work.
Note: A BOP does not include workers’ compensation insurance —that must be purchased separately.
FAQs About Business Owners Policies
Is a BOP the same as a commercial package policy?
They’re similar, but BOPs are designed for smaller businesses and include standard coverages most owners need. Commercial package policies are more customizable for larger operations.
Can I get a BOP if I work from home?
Yes—home-based businesses that meet carrier guidelines can often qualify.
Will my BOP cover employees’ injuries?
No—you’ll need workers’ comp for that.
Do I have to own my building to get a BOP?
No—you can still get property coverage for your equipment, inventory, and tenant improvements even if you lease your space.
Get a BOP Quote for Your Business
If you’re a small business owner, a Business Owners Policy could simplify your insurance and save you money. Let’s see if your business qualifies.
