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Business Owners Policy (BOP)

for Real Estate Professionals

 

You would not own a home without homeowner’s insurance, so why would you own a business without business owner’s insurance? You need to protect your business investment with an insurance program that addresses your specific needs.

Many landlords now require that tenants carry a Business Owners Policy, or BOP. This type of insurance provides both general liability coverage and protection for your business property (from your office building to your laptop computer). Not all BOP policies are created equal. Our package policies offer coverage in addition to basic property and liability, with protection specifically designed for real estate agents, such as:

  • Valuable Papers Coverage—for the cost to restore information from documents, such as files, receipts, records, etc.
  • Accounts Receivable Coverage—protects you from losses caused by damage to your records which prevents you from collecting money owed you by customers
  • Business Income Loss Coverage—because cash flow is so important to your business, this coverage protects you against loss of income for up to 12 months, and pays the full cost of necessary extra expenses to keep you in business
  • EDP Equipment Coverage—a base level of protection against computer equipment failure, loss of laptop, etc. is built into the package policy, with the option of increasing the level or scheduling high value items
  • Employee Dishonesty Coverage—protection against losses resulting from the dishonest acts of employees
  • Business Personal Property Coverage—broad protection against a loss concerning the property of other people while it is in your care, custody, and control
  • Hired & Non-owned Auto Coverage—protection against loss resulting from an auto accident involving your employee driving his/her car for work.

Our packages also give you the ability to combine property and liability coverage with business auto, umbrella, and workers compensation coverages.

We give our attention to your insurance needs, so that you can give your attention to your business. Let us illustrate what we can do for you today.

Contact us with questions or to learn more. Apply for a cost estimate using our indication form.

 

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