What is a Business Owners Policy (BOP) designed to provide?

A Business Owners Policy (BOP) is a package policy designed for small and medium-sized businesses that combines several common coverages into one convenient, often cost-effective policy. It typically includes commercial property coverage (for the building and business personal property), general liability coverage (for third-party bodily injury and property damage claims), and usually business interruption (business income) coverage, which replaces lost income if operations are suspended by a covered loss. A BOP does not include workers compensation or commercial auto, which are separate. Understanding what a BOP bundles is standard commercial-property content on the property insurance exam.