Call Us (518) 464-0059 ☰ ˟
Referral Rewards Request A Quote
Ten Eyck Group

(518) 464-0059
  • Home
  • Coverage
    • Airbnb
    • Automobile
    • Boat
    • Bonds
    • Commercial
    • Condominium
    • Cyber Liability
    • Employment Practices Liability
    • Financial Services
    • Flood
    • Group Health
    • Health
    • Homeowners
    • Life
    • Motorcycle
    • Personal Umbrella
    • Recreational Vehicle
    • Renters
    • Special Events Insurance
    • Uninsured/Underinsured Motorist
  • Get A Quote
    • Airbnb
    • Automobile
    • Boat
    • Bond
    • Business
    • Classic Car
    • Condo
    • Disability
    • Flood
    • Health
    • Homeowners
    • Jet Skis
    • Life
    • Long Term Care
    • Motorcycle/Recreational Vehicle
    • Non-Owned Auto Quote
    • Renters
    • The News Apartments
    • The Vicina Urban Flats
  • Customer Service
    • Customer Service
    • File A Claim
    • Make A Payment
    • Policy Review Request
  • Blog
  • Resources
    • Claims Corner
    • COVID-19 Resources
    • Important Links
    • Newsletter Archive
    • News Center
    • Refer a Friend
    • Secure File Area
    • Video Library
  • About Us
    • About Ten Eyck Group
    • Careers at Ten Eyck Group
    • Community Involvement
    • Meet The Team
    • Our Office Location
    • Our Reviews
    • Privacy Policy
    • Your Trusted Choice Agency
  • Contact Us
    • Contact Us
    • Join Our Newsletter
Commercial
Insurance

Minimize your risk with the best options

Personal
Insurance

Get the right coverage at the right price

Life & Health
Insurance

Protecting you for life, disability and long term care

Group
Benefits

Superior service to fit your needs

Surety
Bonds

Let our expertise guide you

Home > Blog > Is a BOP Enough for Your Business?
MONDAY, NOVEMBER 21, 2022

Is a BOP Enough for Your Business?

How do small companies buy insurance? Many businesses buy a business owner's policy. This kind of protection is often called a BOP. Insurers will offer lower rates for the coverage included in the BOP. This solution may offer a simple and cheaper way to buy insurance.

A BOP may make sense for a small company. Stores, dental offices, and cafes all may find that a BOP suits their basic needs. Still, it may not provide enough insurance.

What does a BOP cover? Common coverage in a BOP might include liability, property and business interruption insurance. Some agents will customize a BOP to suit their clients. They may be able to tailor protection for the business size, industry, or location.People talking business

What Won't a BOP Cover?

Still, a BOP may not include all the coverage that your company needs.

These kinds of insurance are not likely to come with a BOP:

  • Professional liability: Some professionals need to protect themselves against claims that they did not perform their duties properly. Medical professionals may need malpractice insurance. Finance professionals might have to buy errors and omissions coverage. A BOP usually won't come with this kind of protection.
  • Cyber insurance: Today's companies value digital information. They also value the security of customers' information. Cyber insurance protects businesses against data breaches or the loss of computer systems.
  • Business car: A company's cars have to have insurance against liability or property loss. Personal insurance isn't usually enough. A company may need business car insurance too.
  • Employee benefits: A BOP won't usually contain workers' compensation or health insurance either. Employee benefits must usually have to come separately.

How to Buy Business Insurance?

Most business owners understand that they need insurance to protect their company. They might also need to protect their employees. Most owners would rather focus their energy on running their company. The right insurance can help them focus by giving them peace of mind.

Find an agent with experience insuring covering similar companies. They should suggest policies and help compare rates. The final choice of a BOP and other business insurance depends upon the owner. A good agent can help the company save time and money.

Need business insurance? Let Ten Eyck Group help you get the right coverage at an affordable price. Call us at (518) 464-0059 for a BOP insurance quote.

Posted 8:09 PM

Tags: bop insurance
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015

  • ten eyck group(38)
  • home insurance(17)
  • business insurance(15)
  • auto insurance(14)
  • car insurance(10)
  • covid-19(6)
  • insurance(6)
  • the millennial minute(6)
  • health insurance(5)
  • flood insurance(4)
  • life insurance(4)
  • protection(4)
  • cyber liability insurance(4)
  • commercial insurance(4)
  • coverage(4)
  • homeowners insurance(3)
  • motorcycle insurance(3)
  • bop insurance(3)
  • surety bonds(2)
  • rideshare insurance(2)
  • albany life insurance(2)
  • albany motorcycle insurance(2)
  • renters insurance(2)
  • boat insurance(2)
  • albany flood insurance(2)
  • professional liability insurance(2)
  • general liability insurance(2)
  • antique car insurance(1)
  • long term care insurance(1)
  • college graduate insurance(1)
  • driving record(1)
  • cyber bullying(1)
  • crime coverage(1)
  • albany life insurance policy(1)
  • albany business interruption insurance(1)
  • travel insurance(1)
  • albany car insurance(1)
  • new york cyber liability insurance(1)
  • albany condo insurance(1)
  • snowmobile insurance(1)
  • bonds(1)
  • cyber threats(1)
  • personal insurance(1)
  • actual cash value(1)
  • replacement cost(1)
  • flood zones(1)
  • albany auto insurance(1)
  • president's circle(1)
  • rv insurance(1)
  • new york(1)

View Mobile Version

Featured Carriers

  • Acadia Insurance
  • Adirondack
  • Aflac
  • Allianz
  • AmTrust
  • Andover
  • CDPHP
  • Chubb
  • CNA
  • Dryden
  • Encompass
  • Erie and Niagara Insurance Logo
  • Great American
  • Guardian
  • The Hartford
  • Hanover
  • Highmark Northeastern New York Logo
  • Kemper
  • Liberty Mutual
  • Main Street America
  • Merchants
  • MVP Health
  • Nationwide
  • NYCM
  • perma logo
  • Philadelphia
  • Progressive
  • Pure Insurance
  • logo
  • Sentry
  • Travelers
  • Utica National
  • Vermont Mutual Insurance Group
Facebook
Twitter
LinkedIn
Google+
Get Directions
Contact Us Today
Have Questions?
Contact Us
Resources
Our Products
Customer Service
Payment Options
Report a Claim
Newsletter
Video Library
About Us
Refer A Friend
Our Carriers
Trusted Choice Agency
Blog
Contact Us
Contact us 1924 Western Avenue
Albany, NY 12203

Ph: 518.464.0059
Fx: 518.456.7076

Logos
© Copyright 2021. All rights reserved. Powered by Insurance Website Builder.
Trusted Choice