Business Owner’s Policy (BOP) Insurance

A Convenient Small Business Package

A BOP is the foundation of smart business protection. Instead of juggling multiple policies, a BOP combines core coverages for most small and mid-sized companies, often at a lower cost.


It’s the preferred choice for many contractors and local businesses that need to satisfy contract requirements or landlord leases while staying protected from everyday risks.

Red car with severe damage to the rear, loaded on a tow truck.
Watercolor-style illustration of a green fern leaf with multiple leaflets.

What Does a BOP Cover?

General Liability Insurance

Covers third-party injuries, property damage, and lawsuits—essential for any business with clients, customers, or job sites.

Commercial Property Insurance

Protects your building, tools, inventory, and equipment against fire, theft, storms, or vandalism.

Business Interruption

Helps replace lost income and cover expenses if your business must close temporarily due to a covered event.

Many BOPs can be customized with additional protections—such as data breach, equipment breakdown, or even endorsements tailored for contractors and restaurants.

Red car with severe damage to the rear, loaded on a tow truck.

Who Needs a Business Owner’s Policy?

BOPs are ideal for:

  • Contractors, trades, and construction businesses
  • Local restaurants and retail shops
  • Professional offices and service providers
    If you own or lease space, manage inventory or equipment, or work with clients and vendors, a BOP could be your best first line of defense.

BOP vs. Other Business Policies

  • BOP vs. General Liability Only: A BOP adds property protection—critical for business owners with physical assets.
  • BOP vs. Commercial Package: BOPs are streamlined and affordable, best for smaller businesses. Larger companies or those with complex risks may need more customization. We’ll help you choose the right fit.

Benefits of a BOP

  • Cost Savings: Bundled coverage means better value.
  • Simplicity: One policy, one renewal, one trusted team.
  • Comprehensive Protection: Covers the top risks facing Florida small businesses—especially contractors and restaurants, who need to stay compliant and ready for the unexpected.


Red car with severe damage to the rear, loaded on a tow truck.

Frequently Asked Questions – Business Owner’s Policy

  • How much does a BOP cost in Florida?

    Pricing depends on your business type, size, and coverage limits. Many small businesses and contractors can secure a BOP starting at just a few hundred dollars per year. We shop multiple carriers for your best deal.

  • Can I customize my BOP?

    Yes—add-ons are available for cyber, equipment, or specific industry needs. We tailor every policy to your exact business, not just a template.

  • Does a BOP include flood or hurricane coverage?

    Standard BOPs typically do not cover flood. Wind/hurricane damage is often included, but terms and deductibles can vary. We explain your options and help fill any gaps, including separate flood insurance if needed.

  • Do I qualify for a BOP as a contractor?

    Most small-to-midsize contractors, trades, and specialty businesses do qualify. If you’re not sure, just ask—we’ll advise based on your projects and contracts.

Black outline of a delivery truck.

See if a BOP Is Right for Your Business

Let’s review your needs, answer your questions, and provide a no-pressure quote.
At LIG Specialty Insurance, you’re always more than a policy number.