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Business owners policy

A simple way to combine coverage and get the protection you need.

What's a business owners policy?

A business owners policy, or BOP, combines coverage for general liability, property and business income to make it easy to protect your business from common risks. It generally costs less than if you bought each policy separately. You can also customize your policy to the type of business you have. 

What kind of business is a BOP for?

It’s generally for small businesses with less than $10 million in revenue per year. BOPs are also good for businesses with buildings, equipment and inventory worth $15 million or less. They can cover all types of businesses, including retail, service, wholesale, manufacturing and office. If your business needs coverage beyond what a BOP can provide, check out our other solutions for small business insurance.

How a BOP can help protect your business

As a business owner, you juggle multiple responsibilities. Bundling your insurance needs can free you to focus on what’s important to you.

What does a BOP cover?

This policy starts with three important coverages, and you can add more as needed.

General Liability

If someone files a claim or lawsuit against you as a result of a mishap during your day-to-day operations, you can help protect yourself with general liability insuranceGeneral liability insurance

Commercial Property

If your business owns a building or property, you can help protect it with commercial property insurance.commercial property insurance It can cover items from the building structures all the way to your important documents.

Business Income

If a covered event interrupts your business, you can replace lost income.

Customized coverage that fits your business

There are more than 100 different ways to customize your policy. Here are some popular options:

  • Commercial crime
  • Computer fraud and funds transfer
  • Cyber coverage cyber coverage
  • Employee benefits liability, or EBL
  • Employee dishonesty
  • Employment practices liability insurance, or EPLI
  • Hired and non-owned auto
  • Professional liability professional liability

How much does a BOP cost?

BOPs range in cost depending on a few different things. These can include the size of your business, the industry, different kinds of risk and how much coverage you get.

The best way to know how much a BOP will cost for your business is to get a business owners policyquote.

Why choose us for a BOP?

It takes just a few minutes to quote and buy a USAA policy online if you qualify. We also work with other leading insurance carriers, so depending on what you need, we may connect you with another insurance company through the USAA Insurance Agency.

A dedicated coverage specialist can help you find the right amount of protection. If you have questions about a policy that may fit your business needs, call 800-292-8135.

And if you have to report a claim, you can expect USAA-level support no matter who manages your policy.

 

Additional policies for business owners

Commercial Auto

This liability and physical damage protection is for most vehicles that are used for business.

Workers’ Compensation

It helps cover medical fees and lost wages if your employee gets sick or injured on the job.

Commercial Umbrella

This can add an extra layer of coverage over your existing BOP, general liability policy or other underlying policies.

Explore our business resources.

We’ve got tips, tools and perks to help grow your business.

Business owners policy FAQ

A BOP is an insurance bundle designed for small- to medium-sized companies.

A commercial package policy, or CPP, lets the business owner choose individual coverages based on the specific risks and needs of the business. A CPP is usually for large and complex businesses that need more coverage than a BOP.

A simple way to protect your business 

Speak with a specialist about your coverage needs. Call 800-292-8135.