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Frequently Asked Questions
Q: What is a business owner’s policy?
A: A BOP is a customized policy for small businesses that combines property insurance and liability insurance in one policy, and generally includes additional coverages at little or no additional premium. So it allows you to have broad coverage at affordable premiums. Most insurance carriers have customized BOPs for particular industries and services. Even if you have a BOP, though, most small business owners should consider adding coverage for conditions that might not otherwise be covered. Additional coverages tailored to your industry are often available, such as temperature changes, equipment breakdown, or computer equipment failure.
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