A business owners policy bundles property and liability coverage into one package for many smaller businesses.
What it generally covers
- Building and contents
- Business income after a covered loss
- General liability
Where gaps often hide
- Not every type of business is eligible
- Limits can be lower than stand-alone policies
- Flood, workers’ compensation and professional liability are separate
Questions worth asking
- Is my business eligible?
- What is excluded?
- Are the limits enough for my contracts and my property?
General information only. Actual coverage depends on your policy, and coverage is not in force until confirmed in writing by the agency.