A Business Owners Policy — universally called a BOP — is the most popular insurance package for small and mid-sized businesses because it bundles the two coverages nearly every business needs, general liability and commercial property, into a single, cost-effective policy. Instead of buying protection piecemeal, a BOP gives you a coordinated program at a lower combined premium, often with business interruption coverage built in. For most retailers, restaurants, offices, and service businesses in Washington and Florida, a BOP is the right foundation to build on.
What a BOP includes
| Component | What it protects | Notes |
|---|---|---|
| General liability | Third-party injury, property damage, advertising injury | $1M/$2M is standard |
| Commercial property | Your building, equipment, inventory, furniture | Replacement cost recommended |
| Business interruption | Lost income while you recover from a covered loss | Often the most valuable piece |
| Equipment breakdown (opt.) | Mechanical/electrical failure of key systems | Add for restaurants, retail |
| Spoilage / signs (opt.) | Perishable stock, outdoor signage | Endorsements by industry |
Business interruption coverage is the piece owners most often overlook and most appreciate after a loss: if a fire closes your shop for two months, it replaces the income you would have earned and helps cover ongoing expenses like rent and payroll.
Who qualifies for a BOP
BOPs are designed for small to mid-sized businesses with modest property exposure — typically retailers, restaurants, offices, and many service and contracting trades. Very large operations or specialized high-hazard businesses may need standalone commercial package policies instead. We'll tell you honestly which structure fits, and quote the alternatives.
What a typical BOP premium is priced to cover
Florida & Washington considerations
In Florida, the property portion of a BOP carries the same wind and hurricane exposure as personal property insurance — expect separate windstorm terms and consider whether flood coverage is needed for your location, since a BOP excludes flood just like a homeowners policy. In Washington, earthquake is excluded by default and can be added; business interruption from a quake is a real consideration for retailers and restaurants with thin margins.
Why buy a BOP through Maru
We right-size your property limits to actual replacement cost, set business-interruption coverage to a realistic recovery period, and add the industry-specific endorsements your operation needs — then layer workers' comp and commercial auto around it for a complete program. Because we're independent, we place your BOP with the carrier that best fits your industry and location.
Frequently asked questions
What does a Business Owners Policy cover?
How is a BOP different from buying general liability separately?
Does a BOP cover flood or hurricane damage?
How much does a BOP cost?
Does a BOP include workers' compensation?
Licensed independent insurance agent · WA & FL
Written and reviewed by a licensed Maru advisor. Maru Insurance is an independent agency (License #22261820) representing multiple A-rated carriers across Washington and Florida.
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