16 Mar Looking for Simplified Business Coverage with Your Insurance in California?
As the owner of a small or mid-sized business in the Golden State, you may be thinking of ways to keep your business insurance in California simple to administer, but also very beneficial with regards to providing adequate coverage for your risk exposure. One of the easiest ways to accomplish this may be to take out a combination insurance package such as a Business Owners’ Policy (BOP).
Designed for small to mid-sized firms the BOP “packages” a number of different coverage types into one policy. Because of its nature as a combination package, the cost of purchasing it is usually less than it would be if buying each of the individual coverage types separately. Administratively, having the package policy may be easier to monitor than a number of individual insurance policies.
The business owners’ policy generally provides coverage for the standard risks including liability, property and business interruption insurance, however it may be tailored to include a number of other specialty coverage types if necessary. A BOP could be the alternative you are looking for to simplify your business insurance in California. Speak with one of our representatives if you require more information.