Small Business Articles

Everything You Need to Know About Business Owners Policy Insurance

Companies must have adequate business insurance to protect them financially when unexpected incidents occur. A crucial component of an effective business insurance strategy is what’s called business owners insurance—also referred to as a business owners policy or BOP insurance. Having a BOP in place can help shield your company from the costs associated with many types of business risks. Here, we’ll walk you through this essential form of coverage and tell you exactly why it’s important for you to have business owners policy insurance as a part of your overall insurance strategy.

What is a Garage Keepers Insurance Add-On Policy?

You might not describe yourself as a “garage keeper,” but that’s the name the insurance industry uses for people in your position. Garage keepers insurance is an add-on (also known in garaging insurance as an endorsement) that can be included with a business owners policy or BOP (also called property & liability insurance) or other types of insurance.