Question I’m thinking about switching to your business owners policy. It seems a lot easier than having a separate policy for each risk. Can any business get one?
Art Rusak is a Farmers Insurance® agent in Chicago, Illinois. He explains why a business owners policy (BOP) might be a good fit for your business.
Answer As you already know, a business owners policy (BOP) is a total package of coverages for your business. It typically provides all the coverage you want in a single Farmers policy that’s easy to manage and can be updated at any time.
Here are some of the coverage types you can include in your BOP:
You can build out your BOP to suit your business. Farmers® customers include restaurants, contractors, retail stores, manufacturers and sales companies. A BOP is appropriate for any business that has employees or physical property. The exception is a home-based business, which may sometimes be covered under your home or renters policy. You should check the terms of your home/renters policy to see what is and is not covered.
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