Business Owners Policy California

A business owner’s policy is an insurance package that includes property and liability coverage’s to protect every aspect of your business. A BOP is generally designed to cover the needs of small to medium sized companies and is not suitable for larger businesses. Because a BOP is a package policy, Dean L Ricken Insurance Agency is able to offer it at a very reasonable rate. Fill out the simple form to receive a free quote today!

Businesses are exposed to risk on a daily basis. If you own a restaurant, your chef could slip and fall in the kitchen. If you own a contracting business, your builders are exposed to heavy equipment, sharp objects, and towering heights. If you own an IT company, you could accidentally confuse some numbers causing a client to lose a lot of money. Securing your business from the many risks that threaten it is essential.

Typically a business owner’s policy could include the following coverage’s:

• Commercial Property Insurance - Commercial property insurance protects your the structure of your business, and in some cases personal property, from workplace loss. The business property insurance rate as well as policy terms will vary depending on the location of your business and many other variables, such as the amount of real estate and tangible property involved.
• Business Interruption Insurance - If a catastrophe, such as a fire, or a lighting strike causes your place of business to be shut down temporarily, your company may have to relocate or even close down for awhile. Business interruption insurance (also known as business income coverage) is designed to help in these situations.
• Casualty or liability protection - Protects your business from a variety of things. Typically, your insurance agent can create a customized policy for you to include different types and amounts of coverage. The following coverage is often included in a general liability line.
• Crime Insurance - Fidelity/Crime Insurance protects organizations from loss of money, securities, or inventory resulting from crime. Common Fidelity/Crime insurance claims allege employee dishonesty, embezzlement, forgery, robbery, safe burglary, computer fraud, wire transfer fraud, counterfeiting, and other criminal acts and/or embezzlement.
• Liability Insurance - Covers a broad range of exposures that company management whether public, private and non-profit might encounter. The most common risks are associated with directors & officers, employment practices, crime and dishonesty and fiduciary liability.
• Commercial Vehicle Insurance - Provides coverage for cars, trucks and vans used by you or your employees for business purposes. Your business vehicles are not covered by your business owners policy or personal auto insurance, so you must buy a separate policy.