CSIS Insurance Services, Inc.
  • Home
  • Quotes
    • Cyber Insurance Quote
    • Contractors Insurance Quote
    • Workers' Compensation Quote
    • Business Insurance Quote
    • Commercial Auto Insurance Quote
    • Business Owners Package (BOP) Insurance Quote
    • Course of Construction Quote
    • Inland Marine/Tools/Equipment Coverage Quote
    • Commercial Umbrella Insurance Quote
    • Commercial General Liability Quotes
    • Commercial Property Insurance Quote
    • Surety Bond Quote
    • General Liability Insurance Quote
    • Trucking Insurance Quote
    • Commercial Building Insurance Quote
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Certificate of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Cyber Insurance
    • Contractors Insurance
    • Workers' Compensation
    • Business Insurance
    • Commercial Auto Insurance
    • Business Owners Package (BOP) Insurance
    • Commercial General Liability Insurance
    • Commercial Property Insurance
    • Surety Bond
    • General Liability Insurance
    • Trucking Insurance
    • Commercial Building Insurance
  • About
    • Why Choose CSIS
    • CSIS Brochure
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Helpful Links
    • Accessibility Statement
    • Blog
  • Contact
  • Home
  • Quotes
    • Cyber Insurance Quote
    • Contractors Insurance Quote
    • Workers' Compensation Quote
    • Business Insurance Quote
    • Commercial Auto Insurance Quote
    • Business Owners Package (BOP) Insurance Quote
    • Course of Construction Quote
    • Inland Marine/Tools/Equipment Coverage Quote
    • Commercial Umbrella Insurance Quote
    • Commercial General Liability Quotes
    • Commercial Property Insurance Quote
    • Surety Bond Quote
    • General Liability Insurance Quote
    • Trucking Insurance Quote
    • Commercial Building Insurance Quote
  • Service
    • Report a Claim
    • Update Contact Info
    • Policy Changes
    • Certificate of Insurance
    • Contact My Carrier
    • Online Documents
    • Free Consultation
  • Insurance
    • Cyber Insurance
    • Contractors Insurance
    • Workers' Compensation
    • Business Insurance
    • Commercial Auto Insurance
    • Business Owners Package (BOP) Insurance
    • Commercial General Liability Insurance
    • Commercial Property Insurance
    • Surety Bond
    • General Liability Insurance
    • Trucking Insurance
    • Commercial Building Insurance
  • About
    • Why Choose CSIS
    • CSIS Brochure
    • Staff Directory
    • Client Testimonials
    • Refer a Friend
    • Insurance Carriers
    • Agency Photo Gallery
    • Helpful Links
    • Accessibility Statement
    • Blog
  • Contact

CSIS Insurance Services, Inc. Blog

5 FAQs about Business Owner’s Policies

4/14/2020

1 Comment

 
Picture
​A BOP (business owner’s policy) is among the most common plans related to commercial insurance. Because of its high customizability, most specifications depend on your business. Find out the answers to frequently asked questions below.
Does the Law Require a Business Owner’s Policy?
Most of the time, a BOP entails commercial property and general liability insurance. The law requires neither of the policies mentioned. However, the people you encounter for business meetings will most likely have requirements for general liability insurance. This policy might be needed if you’re planning on signing a client contract with the mentioned requirements. You will also need proof of having general liability coverage when applying for appropriate professional licenses. Additionally, plenty of commercial landlords require their tenants to buy commercial property insurance. Before signing a lease, landlords usually ask for proof of coverage.

What is the Needed BOP amount?
The BOP coverage amount you need typically depends on several factors, including the size and type of your owned business, type of customers you usually encounter, and the number of employees you have. However, plenty of small businesses prefer the standard $1 – 2 million low business policy. It means that plans will cover up to $1 million in any claim, along with a limit of $2 million for the policy lifetime, which is usually only one year.

Can Non-Owned Auto Insurance be Added to My Policy?
If you have employees that use their vehicles regularly for business purposes, including traveling for client meetings or running work errands, then you should consider buying non-owned auto insurance. You can typically add this coverage to your business owner’s policy.

Do BOPs cover independent Contractors?
Having a business owner’s policy allows added coverage for you and your employees. However, it does not include insurance coverage for an independent contractor. You can either require contractors to purchase a policy that ensures general liability insurance for contractors or add them to your plan temporarily as an insured additional.

What Coverage Does a BOP Provide for Social Media Risks?
Advertising injury coverage offers protection for lawsuits that are related to slander, libel, brand or copyright infringement, and invasion of privacy. It means that you have coverage in instances where people might sue you for writing adverse comments on social media. Fortunately, your BOP’s general liability portion includes the coverage in the policy.

Having a BOP is exceptionally essential for small business owners. The added coverage protects not only you but also your employees. Discuss with your insurance agent and apply for one now.

At CSIS Insurance Services, Inc., we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (888) 501-2747. You can also request a free quote by CLICKING HERE.
1 Comment
Victoria Addington link
3/10/2022 12:26:47 am

It's good to know that the added coverage covers not just you but also your workers. I think my friend should get one for his newly opened restaurant. I should advise him to go to a licensed commercial insurance provider to ensure he gets the best deals.

Reply



Leave a Reply.

    Contact Us

    (888) 501-2747​
    3315 Old Conejo Road
    Thousand Oaks, CA 91320​
    Click Here to Email Us

    Archives

    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All
    Auto Insurance
    Business Insurance
    Business Owner Insurance
    Business Owner's Package (BOP) Insurance
    Commercial Auto Insurance
    Commercial General Liability Insurance
    Commercial Property Insurance
    Contractors Insurance
    Cyber Insurance
    FAQs
    Financial
    Insurance
    Local
    Safety
    Workers' Compensation Insurance

    RSS Feed

California License Number: ​0D80851

Navigation

Homepage
Insurance Quotes
Policy Service
Insurance Products
Contact Us
Agent Login

Connect With Us

Share This Page

Contact Us

CSIS Insurance Services, Inc.​
3315 Old Conejo Road
Thousand Oaks, CA 91320
(888) 501-2747​
Click Here to Email Us
Review Us

Location

Website by InsuranceSplash