Investing
4 months ago

Business owners policy (BOP) — what does it include and what does it exclude?

13

I'm opening a retail store and my insurance agent recommended a Business Owners Policy (BOP). It apparently bundles general liability, commercial property, and business interruption insurance into one package at a lower price. What's the catch? Are there important exclusions in a BOP that I need separate policies for? What about professional liability — is that included? Workers comp? What's the typical coverage limit?

DR
@drodler

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