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

A great example of a BOP for the Residential General Contractor is Zurich Small Construction's Home Builders Insurance Program. Among the wide range of business coverage offered through this program, the following examples pertain to the specific needs of the general contractor:

• Replacement of stolen building materials taken from the job site
  
• Profit coverage
  
• Theft of subcontractors materials for the job site
  
• Model home and model home contents coverage available
  
• General Liability
  
• Property (fire, theft, etc.)
  
• Tools/Equipment
  
• Umbrella (tops up your liability for very large loss)
  
• Simple premium charges summary with 4 classes (direct employees, executive supervisor, insured subcontractors, uninsured subcontractor )
• Commercial Automobile

For more information about insuring your General Contracting Business, contact Ellis Insurance today, send us a question or fill out our online quote request form. We're happy to assist.