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Business Owners Policy (BOP) - Coverage for Multiple Locations Albert Lea MN

Be sure to check on your jurisdictions requirements for workers compensation coverage when you buy your insurance for your business. The bad news: A BOP doesn't include workers compensation, health or disability insurance. If you have employees, you'll need separate policies for these coverages.

Downs Insurance & Investment Services
(218) 333-3555
1425 Paul Bunyan Dr Nw Ste 4
Bemidji, MN
 
American Family Insurance
(320) 235-0542
1617 Highway 12 E Ste 200
Willmar, MN
 
Granite Equity Partners
(320) 251-1800
122 12th Ave N Ste 201
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Brainerd Insurance Agency
(218) 829-3558
307 Nw 8th St
Brainerd, MN
 
Bell Business Insurance
(218) 733-1316
394 S Lake Ave
Duluth, MN
 
American Family Insurance -- Barton Jackson Agency
(507) 332-6812
511 4Th St NW
Faribault, MN
 
Janzen Phil
(507) 625-7101
79 Navaho Ave Ste 14
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Thrivent Financial For Lutherans
(507) 387-5204
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American Family Insurance
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1445 Lookout Dr
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Fenstra Insurance
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2800 1st St S
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Business Owners Policy (BOP) - Coverage for Multiple Locations

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Business Owners Policy (BOP)

Does your 'home' business operate from more than one location? Maybe your kitchen and your Grandma's kitchen? The Business Owners' Policy (BOP) has been created specifically for small to mid-sized businesses and it will cover multiple locations.

A BOP, like the in-home business policy, covers business property and equipment, loss of income, extra expense and liability. However, these coverages are on a much broader scale than the in-home business policy.

If you need a business insurance policy, you should try to buy business insurance that offers inexpensive, but good, quality coverage for your business, including all of the premises and contents, as well as any moving assets such as company automobiles, from damage or theft.

You will have two ways to get the full coverage that you need:

  • Arrange to cover your contents (work equipment, furniture, etc.) separately from your established building property (walls, roof what you would call the building itself).
  • Buy a single policy that covers your contents and fixed property together.

If you purchase property protection, make sure that it includes personal injury protection for guests or anyone who works for your business. This will cover health expenses regardless of whether incidents are accidental. With this coverage, you can feel comfortable that your employees are covered and you will not lose your business due to a work related accident.

Another important entity in the biz insurance world is workers compensation coverage. This may be legally required in the state where your business is located. It covers your employees in case anything adverse happens that prevents them from being able to work for you. Be sure to check on your jurisdictions requirements for workers compensation coverage when you buy your insurance for your business. The bad news: A BOP doesn't include workers compensation, health or disability insurance. If you have employees, you'...

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