Business owners insurance is built to protect your Florida business.

Get property and liability coverage with business owners insurance.

No matter the industry, many businesses need the same basic coverage to protect them against common risks they face on a daily basis. From property damage to personal injuries, unexpected accidents and events can lead to significant financial damages if your business isn’t covered by the right insurance policy. 

A Business Owner’s Policy (BOP) combines multiple basic business insurance policies, including general liability and commercial property insurance, to help business owners protect their property, employees, and customers from any accidents that may occur.

What is a Business Owner’s Policy (BOP)? 

A Business Owner’s Policy combines several basic business insurance policies to provide business owners with the minimum coverage they need to protect against common accidents, including theft, property damage, vandalism, accidents that result in injury, and more.  

Included Coverage 

BOPs typically include commercial property and general liability insurance as the main two coverages, while some policies also include business income insurance: 

Keep in mind that these policies do not include certain necessary types of business insurance, including workers’ compensation and business auto insurance. These policies must be purchased separately and cannot typically be added to your BOP. 

Who Needs a Business Owner’s Policy? 

BOPs are great for small businesses in a variety of industries, including: 

If you own a small to mid-sized business with commercial property, a BOP might be a great option for you. 

Business Owner’s Policy FAQs 

Still have questions? Here’s everything you need to know about Business Owners Policies in Florida: 

How much does a BOP cost? 

The cost of a BOP depends on a variety of factors, including: 

• Business type 
• Business size 
• Location 
• Number of employees 
• Annual sales revenue 
• Claims history 

An NSI Insurance agent will give you a custom quote and help you find a comprehensive policy that fits your budget. 

Does a BOP include workers’ compensation insurance? 

No, BOPs typically do not include workers’ compensation. Since most types of businesses in Florida are required to carry workers’ compensation insurance, you will have to purchase this coverage separately. 

What is commercial umbrella insurance? 

Commercial umbrella insurance offers supplemental coverage to help protect your business against extreme financial losses when damages surpass the coverage limit of your general liability insurance policy. While this type of insurance can be a great way to provide your business with additional protection, it is not a replacement for a BOP.