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What is a business owners policy?

A business owners policy (BOP) combines property coverage and general liability coverage into one contract designed for small and mid-sized businesses. Property coverage protects your building, equipment, and inventory. General liability covers injuries to customers and damage you cause to others. BOPs typically cost less than buying the two coverages separately and come with one renewal date. Optional add-ons include business interruption, cyber liability, and professional liability depending on the carrier.

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