Although the actual areas covered by BOP’s vary from policy to policy, the most common BOP coverages include the following:
Property Insurance: Insures losses to your business personal property and/or building property.
Liability Insurance: Insures losses to your visitors if they get injured at your premises or if any of your products cause an injury to the consumer. Most BOP’s provide liability protection against civil suits, accidents, product liability, slander and a variety of other legal liabilities.
Business Interruption: Provides funds to the business owner to cover expenses and to make up for lost profits if a business is closed due to a covered cause of loss.
MetLife Auto & Home introduces our Business Owner Policy (BOP), providing protection for small businesses (75 or fewer employees) in your community.