Business Owners Policy

Comprehensive Coverage for Your Business, Simplified.

What Is a Business Owners Policy (BOP)?

A Business Owners Policy (BOP) is an insurance package designed specifically for small and mid-sized businesses. It combines key coverages—such as general liability and commercial property insurance—into a single, cost-effective policy. Whether you run a retail store, an office, or a service-based business, a BOP helps protect your operations from common risks like property damage, business interruptions, and liability claims.



With a BOP, you get the essential protection your business needs without the complexity of managing multiple policies, all while keeping costs manageable.

A woman is sitting at a table using a laptop computer.

How Does a Business Owners Policy Work?

A BOP offers broad protection tailored to the unique needs of business owners by combining several types of coverage into one policy:

  • General Liability Coverage

    Protects against claims of bodily injury, property damage, and personal injury caused by your business operations.

  • Commercial Property Coverage

    Covers your building, equipment, and inventory against damage from fire, theft, and natural disasters.

  • Business Interruption Insurance

    Helps replace lost income and cover operating expenses if your business is temporarily shut down due to a covered event.

  • Equipment Breakdown Coverage

    Pays for repair or replacement of essential business equipment in case of unexpected breakdowns.

  • Cyber Liability Insurance (Optional)

    Protects your business from data breaches and cyberattacks, keeping your customers' sensitive information secure.

Why Your Business Needs a BOP

A Business Owners Policy is an excellent solution for businesses looking to simplify their coverage while ensuring comprehensive protection. A BOP can help protect your business from:

A black and white silhouette of a flame on a white background.

Property Damage

Fire, theft, vandalism, and other unexpected events.



A black and white silhouette of a scale of justice on a white background.

Lawsuits

Claims of injury, property damage, or advertising-related issues.



A black gear with a white circle in the middle on a white background.

Operational Downtime

Lost revenue and expenses during temporary closures due to covered events.

Get a Personalized Business Owners Policy Quote

At Allgood Insurance, we’re committed to helping businesses in Winston-Salem and beyond stay protected and prepared for the unexpected.


Contact us today to get a personalized quote and experience the peace of mind that comes with comprehensive business coverage.