Business Owners Policy (BOP) in Petaluma and Sonoma County, CA
As a small business owner, you need quality insurance benefits that protect all aspects of your operations without breaking the bank. You also need ease of policy management and coordinated coverage that will ensure that you are never lacking critical benefits. A business owners policy (BOP) will be the insurance benefit that will provide you with comprehensive, streamlined benefits that can be optimized to your unique needs.
At Don Ramatici Insurance we take a professional, client-oriented approach to all business insurance services. We serve clients in Petaluma County and Sonoma County and will work one-on-one with you to develop the most optimized BOP for your needs. It’ll provide comprehensive protection with sustainability in mind.
What is a BOP?
Small businesses have high liabilities, but small budgets with which to insure themselves. The business owners policy was developed out of the need to provide smaller operations with streamlined and affordable commercial insurance essentials. BOPs combine several essential business insurance options into one package and at one price, allowing the business owner the flexibility to be able to utilize their benefits to their specific advantage.
Every BOP will vary. Yet, most offer a few standard coverage options. These generally include:
Property insurance: Covers physical assets like your building and the contents kept inside.
General liability coverage: If the business causes property damage or injury to customers, this coverage can help you repay them for their losses.
Interruption coverage: Covers you if you have to temporarily close your business after a hazard. Coverage can pay expenses like salaries or taxes though you cannot operate to make money.
Keep in mind, your BOP won’t cover everything. You’ll likely need to augment coverage with extra policies like:
Commercial auto insurance
Professional liability coverage
Health insurance for employees
Other benefits, like cyber liability insurance, inland marine insurance, and specific commercial property endorsements might be available as riders to your BOP, or as separate policies. Work with your agent to set the most comprehensive policy structure for your company.
The Benefits of a BOP
With a BOP in place, you will be able to protect your company against numerous hazards like:
Property damage caused by fires, theft, severe weather and other hazards
Lawsuits brought by customers against your company
Accidental damage that you do to a customer’s property
Temporary halts in operations caused by unexpected problems on the property
The BOP will provide this assistance while enabling you to avoid having to file multiple claims against separate policies for the diversity of your losses. Additionally, you will only have to pay a single premium for these policies, which can help you avoid having to pay for so many plans at different times.
Contact us today
Don’t hesitate to get a quote on a personalized BOP insurance policy right now! Contact Don Ramatici Insurance at
or request an online quote right now!