A BOP combines general liability insurance and commercial property insurance, providing comprehensive coverage for common business risks such as property damage and third-party injuries.
Related FAQs
While not required for sole proprietors, workers' compensation insurance is beneficial as it covers work-related injuries that health insurance might deny, offering financial protection for medical expenses and lost [...]
Yes, if your business handles sensitive client data or conducts online transactions, cyber liability insurance is crucial to protect against data breaches and cyberattacks.
Implementing risk management practices, maintaining a clean claims history, and bundling multiple policies can help lower your insurance costs.
