A Business Owner's Policy (BOP) is one way to buy business insurance. A BOP is a package of coverages that address specific concerns that are typcial to a certain type of business and can be underwritten and competitively priced for a specific industry or segment of an industry. BOPs include available coverage for property, liability, commercial auto, and umbrella coverages in one policy. In many cases Workers Compensation is also available.

There are a number of BOP's outlined on this site. If you're wondering if an insurance package exists for your line of business, contact Ellis Insurance today. Even if a specialized BOP does not exist for your type of business, Ellis Insurance can hand craft a package to address your needs.

A great example of a BOP for the commercial property owner is the Zurich Small Business Precision policy. It provides specialized protection for more than 200 types of businesses including condos, shopping centers and office buildings. Coverages include:

Real Property:

• Building and structures
• Newly acquired or constructed buildings
• Personal property (yours and others)
• Personal property at newly acquired buildings
• 12 Months actual loss sustained business income coverage
• Inventory and appraisal
• Outdoor property (for example: fences, signs, etc.)
• Installation
• Personal property of Employees and personal effects of Others
• Off-Premises power or water failure
• Installment sales
• Fire Department service charges
• Fire extinguisher re-charge
• Lock and key replacement
• Pollutant clean-up and removal
• Inventory and Appraisal

Other coverages for offices:

• Electronic data processing equipment and media
• Valuable papers and records coverage
• 12 Months' business income loss
• Leasehold interest coverage for tenants
• Lessors or owners of leased premises are covered with no increase in insured's premiums
• Automatic 180 day liability coverage for newly acquired organizations

Contact Ellis Insurance for more information about insuring offices.