BOP Overview: What Texas Businesses Need to Know 

For business owners, nothing matters more than the success of their companies. A business owners policy (BOP) can help you minimize risks and keep workflows running smoothly. If you own a small or medium-sized business in Texas, knowing how a BOP works can help you choose the right commercial insurance for your needs.

What Is a BOP and What Does It Cover?

A BOP is a bundled insurance package that combines several essential coverages into one convenient policy, making insurance easier to manage and often more affordable than purchasing each coverage separately. Typically, a BOP includes the following:

• Property insurance may provide coverage for your building, equipment, inventory, and other physical assets for risks like fire, theft or certain natural disasters.
• General liability insurance can help with claims of third-party bodily injury, property damage or personal injury that may occur on your business premises or because of your operations.
• Business interruption insurance can help cover lost income and operating expenses if your business is temporarily unable to operate due to a covered event.

Who Can Benefit From This Policy?

A BOP may be suited for a wide range of businesses, including retail shops, offices, restaurants and service providers. It may be especially valuable if your business has a physical location, owns important equipment or regularly interacts with customers and clients. Keep in mind that eligibility and coverage options can vary, so it’s best to consult an insurance team to find the right fit for your needs.

Why Choose a BOP for Your Business in Texas?

Consider the advantages a BOP may provide:

• Simplified coverage: You may be able to manage multiple types of protection under one policy.
• Cost-effective: Bundling coverages can lead to savings compared to purchasing separate policies.
• Customizable: You may add optional coverages, such as cyber liability or professional liability, to tailor your policy to your business’ needs.

How Our Team Can Help

At Atlas Insurance Group Services, we help local business owners assess their risks and select the right coverage for their budget and goals. Contact us today to get started.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.