About This Coverage
A Businessowners Policy or "BOP", is designed for small to medium-sized businesses. It protects company assets from 3rd-party legal liabilities, assets from damage by perils, and can also provide reimbursement for business interruption. Coverage types include general liability, products liability, property, and sometimes professional liability.
State Eligibility
Eligible State
State Not Available
Industries Available
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Agriculture
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Mining
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Utilities
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Construction
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Manufacturing
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Wholesale Trade
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Retail Trade
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Transportation and Warehousing
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Information
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Finance and Insurance
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Real Estate Rental and Leasing
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Professional, Scientific, and Technical Services
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Management of Companies and Enterprises
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Administrative and Support
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Educational Services
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Health Care and Social Assistance
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Arts, Entertainment, and Recreation
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Accommodation and Food Services
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Other Services except Public Administration
Coverage Limits
Up To
$4M
Key Features
- Business Interruption
- General Liability
- Products Liability
- Property
- Excess / Umbrella
Preferred Classes
- Auto Parts and Supplies (excluding installation and repair)
- Auto Parts and Supplies - Wholesale
- Bakeries - Retail / Wholesale
- Barber or Beauty Shop Supplies
- Beverage Stores - Coffee, Soft Drinks and Water
- Beverage Stores - Liquor and Wine
- Books and Magazine Stores - New and Used
- Building Materials
- Camera and Photographic Equipment
- Cell Phone Stores
- Clothing Stores Retail / Wholesale
- Coffee Shops
- Coffee/Tea and Supplies
- Convenience Stores
- Delicatessens - no cooking
- Drug Stores
- Dry Cleaners (no Bailee or Transit Coverage)
- Electronics
- Floor Covering Stores
- Florist - Wholesale
- Florists
- Food Products Distributor (no private labels)
- Food-Related Businesses
- Furniture (new only) and Office Furniture
- Gardening Stores
- Gas Stations (excluding repair or garage operations)
- Gift Shops
- Grocery/Supermarkets
- Hardware and Tools Retail / Wholesale
- Hobby, Craft or Artists' Supplies Retail / Wholesale
- Home Furnishings
- Ice Cream Store
- Jewelry - Costume & Precious Retail / Wholesale
- Newsstands
- Office Machines and Supplies
- Packing and Shipping - retail, drop locations only (i.e., Mailbox Etc.)
- Paint, Wall Paper, or Wall Covering
- Painting, Pictures, or Frames
- Party and Supplies
- Pet Stores
- Printers
- Restaurant Supplies
- Sandwich Shop - No Cooking
- Shoes
- Signs
- Smoke Shops (no smoking on premises; no vape and/ or e-cigarette shops)
- Snack Bar
- Sporting Goods or Athletic Equipment (Including Apparel)
- Stationery or Paper Products Retail / Wholesale
- Toys
- Variety and $.99 Stores
Submission Requirements
- ACORD Application, fully completed and signed
- Supplemental Application
- If a New Business, Provide Ownership Experience and Business Operational Summary
- Existing Business, Provide 3-5 Years of Loss Runs
- Send submissions to quotes@ospreyuw.com