Business Owners Policy for Small Businesses
One Package, Broad Protection
A Business Owners Policy (BOP) combines general liability, commercial property, and business income—ideal for small to mid-sized companies that want broad protection without juggling multiple policies. Mitchell Agency customizes BOPs for multi-location operations throughout Indiana and the U.S., aligning limits and endorsements to contract requirements.
What a BOP Typically Includes
Core liability for injuries and damage, property protection for your building or contents, and business income if a covered loss shuts you down during repairs. Many carriers also offer equipment breakdown, money & securities, and crime options.
Who Qualifies for a BOP
Retailers, restaurants, professional offices,
artisan contractors, and other lower-to-moderate-risk operations often qualify based on size and revenue. We'll confirm eligibility and
tailor endorsements for signage, outdoor property, or spoilage.
Why Choose a BOP
Package pricing, one renewal, fewer gaps, and straightforward claims handling. The Mitchell Agency compares BOP programs across carriers and aligns limits with landlord or vendor requirements common around Lafayette.
Add What Your Business Needs
Consider
data breach, food spoilage, utility service interruption, or
hired/non-owned auto liability. Your advisor will map these add-ons to your risks and budget.
Answers to Common BOP Questions
How is a BOP different from buying GL and Property separately?
Similar core coverages, but bundled pricing and built-in business income often make a BOP more efficient.
Does a BOP include workers' comp?
No. Workers' compensation is a separate policy.
Can multiple locations be on one BOP?
Often yes, if operations are similar. We'll list each site and values.
How much does a BOP cost?
It varies by industry and limits; many small offices or retail shops find BOPs very cost-effective.
