{"id":18770,"date":"2021-11-03T14:04:15","date_gmt":"2021-11-03T18:04:15","guid":{"rendered":"https:\/\/askrfg.wpengine.com\/insurance\/?page_id=18770"},"modified":"2021-12-21T11:26:33","modified_gmt":"2021-12-21T16:26:33","slug":"business-owners","status":"publish","type":"page","link":"https:\/\/askrfg.com\/insurance\/business-owners\/","title":{"rendered":"Business Owners Insurance"},"content":{"rendered":"

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What is a Business Owners Policy?<\/h3>\n

A Business Owners Policy (BOP) bundles two essential coverages: general liability and property insurance. This affordable insurance package protects you against the unexpected risks of doing business.<\/p>\n

A big part of doing business is managing risks. But there are some risks you shouldn’t have to worry about as a business owner. With a business owner’s policy, you can protect yourself from unexpected risks that could hurt or bankrupt your business. A business owner’s policy is especially important for small businesses without the resources to deal with unplanned events.<\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div>

Why You Need a Business Owner’s Insurance Policy<\/b><\/h2>\n

A business insurance policy helps protect your business in many ways. The policy bundles two coverages that are essential to your business: general liability insurance and property insurance.<\/span><\/p>\n

General liability insurance covers costly claims and lawsuits that result from bodily injury to customers occurring at your place of business. It also covers small business owners for legal costs or medical costs associated with these claims.<\/span><\/p>\n

Property coverage protects you from fires, natural disasters or other incidents that damage or destroy your place of business. It also covers your other valuable business property, such as:<\/span><\/p>\n