Business Owner’s Policy (BOP)

Beach Financial Group offers policies that combine protection from most major property and liability risks in one package. These business owner’s policies, or BOPs, have three components, purchasable together or seperately:

  1. Property insurance, which covers the company’s buildings and the contents thereof. There are two different forms – standard and special – which vary in coverage.
  2. Business interruption insurance, which covers income loss resulting from a catastrophic event that disrupts usual operations, such as a fire. These can include the extra expense of operating out of a temporary location, should such a matter arise.
  3. Liability protection, which covers your company in the event that it causes physical harm to others or their property. Examples of these harms are bodily injury due to a faulty product and property damage caused by an employee’s faulty installation.

Note that BOPs do not cover auto, health, disability, professional liability, or worker’s compensation, even when they are pertinent to your company’s interests. For policies covering those, you can find further details at the links provided.

For more information about obtaining a business owner’s policy, we encourage you to contact Michael by phone at 310-414-2100 ext. 1003, or by email at . Alternatively, you can contact Joe by phone at 310-414-2100 ext. 1002, or by email at .