Business Owners Insurance
Business owners insurance to protect your business and assets.
Why does your business need business owners insurance?
Because your business faces the unexpected on a daily basis, there are always risks involved. Whether it’s the risk of damage or loss to your property or customers, the only way to protect your business is with the right policy. With the convenience of a BOP, you can minimize the risks and focus on the future of your business.
Two coverages in one policy.
A business owners insurance policy is known as BOP for short. This is appropriate, since it offers a one-two punch. It’s a combination policy bringing together two types of coverages.
Includes property insurance.
The first type is property insurance. Property insurance covers risks associated with your business’ premises, equipment and vehicles. In addition, it often includes any associated loss of business. This is an essential coverage because it ensures your business, assets, and income are protected. For instance, here are a few of the coverages to consider in your business owners policy:
- Accidental Damage
- Loss of Income
- Loss/Damage of Property
Also includes liability insurance coverage.
The second type is liability insurance. Liability insurance covers damage to people you deal with and their property. However, it’s important to note that liability insurance usually doesn’t cover risks related to professional services–meaning damages that result from you giving clients inaccurate advice, for instance. The liability coverage included in your business owners policy is a necessity, especially if:
- You meet your clients at your business or theirs.
- You have physical access to your clients’ equipment.
- There is a risk of damage to people or business.
Customized coverage for your business.
Getting a business owners policy (BOP) means covering all these risks in one go, which significantly reduces stress and brings you peace of mind. Polices are typically custom made to cover your specific needs, and pricing varies depending on your business. But, it’s normally cheaper than buying separate policies for each element.
Understanding your unique business needs.
Designing a business owners policy that works best for you and your business is what we do best. We are focused on understanding your business so we can develop the right policy to protect your business, income, and assets. Most importantly, we want your business to be successful. Finding the right BOP coverage to meet your needs is the best place to start.
So, no matter what kind of business your run, consider the benefits of business owners insurance. From startups to established businesses, we will develop a custom plan for you. Contact us today to get started!
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Bringing Kindness to Pennsylvania
With two offices in Lemoyne, PA, The Kind Insurance is proud to serve clients throughout Pennsylvania. We are also licensed to serve clients in over seven other states.