A BOP bundles general liability and property insurance into one policy, providing comprehensive coverage at a lower cost. It’s highly recommended for real estate businesses to protect against common risks.
Related FAQs
Cyber insurance covers financial losses from data breaches and cyberattacks. It’s crucial for real estate businesses that handle sensitive customer information to protect against cyber threats. [...]
Commercial auto insurance covers costs related to auto accidents involving business-owned vehicles. It’s required in most states and protects against injuries, property damage, theft, and vandalism. [...]
Yes, general liability insurance protects property managers from risks like tenant injuries and property damage, making it a crucial policy for managing real estate properties.
