What is a BOP? | Business Insurance Quotes Los Angeles

What is a BOP? | Business Owner's Insurance  

This video, courtesy of Travelers Insurance, explains Business Insurance, and how a BOP or Business Owner's Insurance Policy works. 

Business Owner's Insurance, or a BOP,  protects your business by bringing together all the Business Insurance coverage that a small business typically requires in one business insurance package, making it much simpler to protect your business.

A BOP or Business Insurance Policy includes the following types of Business Insurance coverage:

- Property

- Business Income Protection

- Liability 

 

Business Property Insurance

A BOP (Business Owner's Policy) covers your property. That is, your premises and general property such as equipment, inventory and fittings etc.  For example, if your inventory is damaged in a fire or a thief targets the lap tops in your office. Property coverage can help you recover losses.

 

Business Income Protection Insurance

 

In case your property is damaged or destroyed by a fire, water damage or other covered losses and your revenue is impacted, you can be reimbursed for lost income. This can even apply to damage at your suppliers or the warehouses you depend upon. Income protection can help get your business up and running as quickly as possible after any covered loss.

General Liability Insurance

There are key legal risks to consider in running a business. General Liability can include premises liability for accidental injuries like slips, trips and falls at your property. A BOP helps protect you by paying for costs or damages if you are held responsible. It also covers legal defense costs if you are sued.

Business Insurance

You can also obtain additional coverage based upon your business activities and business needs, tailored to your unique situation.

Other popular types of Business Insurance

- Commercial Auto Insurance, Truck Insurance, Plant, machinery, Equipment Insurance

- Workers' Compensation Insurance

For Business Insurance Quotes Los Angeles please contact Stephen Thomas, Insurance Broker at Diford Insurance Los Angeles

Commercial Auto Insurance

Commercial auto insurance provides protection for damage, theft and liability in relation to commercial and business vehicles of all types, including cars, utilities and trucks. Commercial Auto also covers any related cargo, tools and other property. Commercial Auto Insurance, and also including, Commercial Truck Insurance, are very important forms of Commercial Insurance which are required by many businesses.

Commercial Auto Insurance can cover such activities as:

- Transportation and delivery of goods/cargo

- Loading, Unloading and Picking up of supplies

- Meeting up with clients

- Transportation of equipment to and from job sites

Commercial Auto Insurance is designed to cover losses whenever owners or employees are involved in an motor vehicle and traffic accident anytime they are driving for work purposes.

Also, it's important to be aware that most Personal Auto policies have an exclusion for business usage. Therefore, its imperative to ensure you have adequate Commercial Auto Insurance coverage.

Examples of vehicles that can be covered:

- Fleets of vehicles or trucks

- Owner Driver trucks and vehicles

- Cars

- Can also cover personal vehicles when used for business

How to get Commercial Auto Insurance in California

Commercial Auto Insurance, Commercial Truck Insurance, Workers' Compensation and other Commercial and Personal Lines are available from California Insurance Broker, Stephen Thomas, Insurance Broker in California at Diford Insurance Los Angeles and Long Beach.

We specialize in both Personal and Commercial Lines. Commercial Insurance includes Business Owner's Insurance (BOP), Commercial Auto Insurance, Truck Insurance, Cargo Insurance, General Liability Insurance, Professional Liability Insurance, Workers' Compensation Insurance and many more.

Contact us today for Commercial Auto Insurance Quotes and any other type of Commercial Insurance Quote.

Commercial Auto Insurance in California | Truck Insurance in California

Commercial Auto Insurance and Commercial Truck Insurance in California is one of our specialties at Diford Insurance Los Angeles.

Los Angeles Insurance Brokers, Diford Insurance Los Angeles, located near Long Beach, provides Insurance in Los Angeles, Long Beach as well as serving businesses in Los Angeles and all areas of California for all types of commercial risks.

We can help businesses located anywhere in California, for Commercial Auto Insurance and Commercial Truck Insurance in California.

Commercial Auto Insurance Broker in Los Angeles | Truck Insurance Broker in Los Angeles

Contact us today for Commercial Truck Insurance Quotes in Los Angeles and California. Stephen Thomas is a Commercial Insurance Broker in Los Angeles, specializing in Commercial Auto Insurance Quotes, Commercial Truck Insurance Quotes and Workers Compensation Quotes.

California Insurance Quotes | Los Angeles Insurance Quotes

As both a Personal Insurance and Commercial Insurance Broker at Diford Insurance Los Angeles, Stephen Thomas, has access to a multitude of Insurers, Insurance Companies and Insurance Policies, and offers the best Insurance quotes and advice in all areas of Insurance.

Insurance Quote 

Contact us today for your Insurance Quote, advice and further information and discussion.

Stephen Thomas - Insurance Broker in California, CA Lic OG78198

Available for Business Insurance Quotes and Advice at: 

Diford Insurance Los Angeles - Insurance Brokers in Long Beach 

Phone: (949)484-3303

Video Credit: Travelers Insurance