Business Owner Policy (BOP)

A business owners policy, also known as BOP insurance, combines property insurance, liability insurance, crime coverage and additional protection into one convenient package.

What a BOP covers

Business insurance is a necessity for even the smallest company in order to protect and maintain its financial health. At  LDM,  we understand how important that is.

Business owners insurance offers coverage for businesses with fewer than 100 employees and less than $5 million in sales. Common BOP coverage includes:

• Property insurance, which protects your building, equipment and inventory
• Business income insurance, which covers lost income if your operations are suspended because of a covered loss
• Equipment breakdown insurance, which protects you if your equipment is damaged from power surges, mechanical breakdown, burnout or operator error
• Personal and advertising injury coverage, which covers copyright infringement, libel and slander
• Bodily injury and property damage liability, which covers those instances when your employees, products or services cause harm to other people or their property
• Medical payments coverage, which covers medical expenses resulting from injury to others on property you own or rent
• Rented vehicle coverage, which provides liability coverage for autos that you lease, hire or borrow

We plan to work with you long term. We understand that your small business owners insurance needs will change over time, so we have regular insurance checkups, reviews to make sure your business has the best protection possible.