Business Owner Policy
Insurance for Your Small or Medium Business
Insurance for Your Small to Medium Size Business
You’ve worked hard to build your business to where it is today and understand the value of insuring your property and protecting your assets with a Business Owner Policy (BOP). Your clients and customers trust you because you treat their intellectual and physical property with care. You also create a safe work environment for yourself and your employees. In a perfect world, you’d never have a need to place an insurance claim related to your business… but, as you know, unexpected accidents and incidents do happen.
We get it! Horizon Insure of Willow Grove is a privately-owned, small business too. Located on Route 611 in Hatboro, PA, we understands the needs of business owners. So, whether you are own a commercial services business in Ambler, a retail store in Doylestown or provide to professional services in Richboro, we are here to make sure you have the correct, comprehensive Business Owner Policy for to insure your livelihood.
What is a Business Owner Policy?
Starting with basic coverage, a Business Owner Policy (BOP) is intended to protect your business’ property and risks of liability. This type of policy is usually ideal as insurance for small and medium size business. Some companies choose to have additional insurances added to their policy to protect against loss or liability risks that are specific to their industry and services. You can design your Business Owner Policy to include coverage for things like data breach, off-premises utility services and other services or assets that are unique to your business
Do you need a Business Owner Policy?
Your business should have a Business Owner Policy if:
- it has a physical location, such as an office (rented or owned), store or place that work happens, even if it is at your home.
- there’s a possibility you may be sued due to injury in the workplace or as the result of the services your business provides.
- it has assets that could be stolen or damaged, including digital, equipment, furnishings, cash and inventory.
What should you choose a Business Owner Policy over other options?
As opposed to purchasing many policies to cover each aspect of your business that may need to be insured, a Business Owner Policy combines many insurances into one policy. This simplifies your insurance needs and often saves your business money.