How to Choose the Right Business Owner’s Policy (BOP) for Your Company

Running a small business means balancing risk and reward every day. One way to strengthen your business’s foundation is by choosing the right insurance policy, starting with a business owner’s policy (BOP). For business owners in San Antonio and throughout Texas, a BOP can be a smart, efficient way to group key coverage into one convenient package.

What Is a BOP?

A business owner’s policy combines several core insurance coverages into a single policy, often at a lower rate than if each were purchased separately. It’s designed specifically for small to mid-sized businesses that face common risks.

What Does a BOP Usually Include?

While policies can be tailored to your needs, most BOPs include three standard components:

• Property insurance may help address repair or replacement costs for your building, equipment furniture or inventory after events like fire, theft or storm damage.

• General liability may offer financial support if someone is injured at your business or if your company accidentally damages someone else’s property.

• Business interruption coverage may assist with ongoing expenses like payroll or rent if your operations are paused due to a covered event.

When to Consider Additional Coverage

While a BOP covers many basics, it doesn’t include everything. If you rely on vehicles for your operations, manage sensitive data, or employ staff, you might need to add policies like commercial auto, cyber liability, workers’ compensation, or professional liability.

Tailoring Your Policy

Every business is different. A retail store won’t face the same risks as a cleaning service or a tax office. That’s why working with a local agent is essential, as they can help adjust your coverage limits and endorsements to better reflect your operations and risks.

Learn More

Primo Tax & Insurance in San Antonio, TX, helps small business owners build wise insurance strategies with business owner’s policies that make sense. Let’s take a look at your operations and see how a BOP could fit into your overall plan.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.