Business Owners Policy (BOP) in Alexandria, VA, McLean, VA, and Throughout Virginia

Combined Coverage for Special Advantages

As a small business owner, it’s imperative to secure valuable insurance advantages that safeguard all operations without straining your finances. A business owners policy (BOP) can offer a consolidated solution for eligible small- and medium-sized businesses by encompassing multiple vital insurance coverages within a single package.

At Kinneman Insurance we take a professional, client-oriented approach to all business insurance services. We serve clients in Alexandria & McLean and will work one-on-one with your business to help determine whether a BOP is right for you. Call us today to learn more.  

What Is a BOP?  

A business owners policy (BOP) involves consolidating various insurance policies by your provider, often provided at a reduced rate. Typically, a BOP incorporates general liability insurance, property insurance, and business interruption insurance. While the packaged deal usually comes with cost savings, it’s important to note that each policy’s specifics may vary.

What Is Covered Under a BOP? 

Every BOP will vary; however, a BOP typically includes the following three policies:  

• Property insurance may help cover physical assets such as buildings, equipment, inventory, and furniture against damages or losses caused by covered events.
• General liability insurance may protect against legal claims and expenses arising from third-party bodily injury, property damage or personal injury on your business premises or due to your business operations.
• Business interruption insurance may help cover lost income and extra expenses if your business operations are interrupted due to covered perils.

Your agent can assist in customizing your BOP by incorporating endorsements or supplementary insurance policies to effectively reduce additional risks.

Based on your industry and the scale of your business, your agent may recommend the following:  

• Commercial auto insurance 
• Cyber liability and cyber risk insurance 
• Flood insurance 
• Equipment breakdown insurance 
• Employment practices liability insurance 
• Workers’ compensation insurance 
• Umbrella insurance 

How to Get a BOP 

Contact Kinneman Insurance today to discover how to qualify for a BOP and customize your coverage to align with your business’s insurance requirements.