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Business Owners Policy (BOP)

A business owners policy bundles property and liability coverage into one contract for small businesses. It is typically priced lower than buying both coverages separately and consolidates renewal to one date.

A bundled small-business policy that combines property and liability coverage in one contract, often with optional add-ons. Typically priced lower than buying property and liability separately. Example: a small accounting office gets office contents, business interruption, and general liability under one policy and one renewal date instead of two separate carriers.