Topic

Business owner's policy

Business owner's policy
A business owner’s policy bundles general liability insurance with commercial property insurance. Many insurers offer small businesses a discount if they choose this policy.
Business owner's policy

A business owner's policy bundles two policies at a discount, making it an affordable option for small businesses. The value of your business property determines how much you'll pay for this policy.

Business owner's policy

Find out if your company is eligible for this policy, which bundles general liability insurance and commercial property insurance at a discount.

Small business insurance

Commercial insurance protects businesses, freelancers, and independent contractors against liability lawsuits, property damage, cyberattacks, and other risks that could devastate your company.

Insurance terms

An ACORD certificate of liability insurance is a document that provides a summary of your business insurance policy and proves you have liability insurance coverage.

Business owner's policy

A business owner’s policy (BOP) combines general liability insurance with commercial property insurance, often at a discount. It covers broken or stolen laptops and other equipment, client lawsuits, and more.

Insurance terms

The actual cash value is how much your business property is worth in its current state. This value is calculated by subtracting the depreciation from the replacement cost.

Insurance terms

A rider is an insurance modification that adds extra protection to a policy and enables businesses to customize it to their specific needs.

Insurance terms

A commercial property insurance policy that covers open perils protects your business possessions from most causes of loss or damage. However, this option is typically more expensive than a policy that covers named perils.

Insurance terms

Named perils coverage is a type of business property insurance that only protects you from hazards and risks explicitly described in your insurance policy.

Insurance terms

An insurance adjuster is someone who investigates claims to determine what an insurance company should pay.

Insurance terms

An expiration date is the day your insurance policy lapses. Your insurance coverage will typically end at midnight on your policy's expiration date.

Insurance terms

Assessed value is an estimation of how much your property is worth. It is determined by your local city hall or a municipal assessor.

Insurance terms

An insurance policy with all-risk coverage covers claims from all incidents that aren't specifically omitted in your contract.

Small business insurance

Typically, you need to contact your insurance carrier directly when you want to file a commercial insurance claim. But the steps you take may differ based on whether you're filing a property claim or a liability claim.

Showing 1 - 15 of 16
350,000+ small businesses protected
Save money by comparing insurance quotes from multiple providers.
Powered by Insureon.