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Owner Policy

Owner Policy

Marry's Story

Marry the merchant

Marry was always interested in fashion. In high school that interest grew into a passion. After high school, Marry went to college and majored in design with a minor in business, in hopes of one day starting her own fashion line. 

After college, Marry wasted no time getting started. Within a year she had her very own clothing brand up and running. On top of wanting the highest quality of clothes, she also wanted the highest quality of insurance. In order to achieve that, Marry turned to Insurance Maestro to find the best business owner policy. Now Marry can run her clothing line with the peace of mind that she is insured.

A Quick Guide to a Business Owner Policy

At Insurance Maestro, we understand you want to find the best Business Owner Policy possible. It needs to strike the right  balance between affordable and comprehensive. Our friendly team of insurance experts are here to support you, and we’re always happy to answer any questions you might have.

Frequently Asked Questions
about Business Owner Policy

How much does it cost to buy a BOP?

If your company uses vehicles that it doesn’t own, then these can be covered with a non-owned and hired auto insurance policy. If your staff use their personal vehicles for any other reason than driving to a fixed place of work, then often, their personal auto insurance will not cover them for this extended commercial use.

Are there any eligibility criteria for buying BOP?

Yes and no. If all depends on the weight of the trailer you use. If the gross vehicle weight is under 2,000 lbs, then it might have liability covered as standard. However, for damage and theft coverage, you’ll need to speak with your insurer to add this to your policy. If your trailer is above this weight, then it will not be covered unless you exclusively add this to your commercial auto policy when you take it out. 

Can I buy extra coverage option with a BOP?

There are lots of moving parts that factor into the overall cost of buying commercial auto insurance for your business. Here’s what the majority of business auto insurers will review when offering you a price for your auto insurance.

  • The number of vehicles, their value, and the type of vehicle/s that are being used.
  • Your policy limits and any applicable deductibles
  • The claims history and driving record of the company or individuals
  • The level of risk of any business activities carried out, and the sector you belong to
  • The location of the business or its individual service areas 
We have only listed the most popular add-ons, but there are others available when required.

We're Here For You

At Insurance Maestro, we want to help you find the best Business Owner Policy for your company’s needs. If you contact us directly, our team of experts will be happy to offer guidance about the different types of coverage you might need to buy. 

Thinking About Buying a Business Owner Policy for your Business?

Read this first.


At Insurance Maestro, we know that buying a business owner policy is a great way to get a range of liabilities coverage under a single commercial insurance bundle. It can also save you money, and with our help, it will save you a ton of time as well. Our expert team are here to make sure the process of buying a BOP is as easy as it can be.

Quick Guide to Buying a BOP

Business Owners Insurance is a type of policy that combines commercial property and liability coverage into a single policy; it will often include business interruption coverage as well. 

It’s a popular choice with small to medium sized businesses, as it covers most of the essential liabilities and property coverage requirements. What’s more, because it is a commercial insurance bundle, people who buy a business owner policy will save money on their commercial coverage and find it easier dealing with a single insurance company for the duration of the policy term.

What is covered by BOP insurance?

A business owner policy combines the benefits of general liability insurance, commercial property coverage, and in most cases, it includes business interruption coverage. If the latter is important to you, always check its included with your insurer before you buy a BOP.

General Liability
Will cover third-party liabilities for claims made for property damage, bodily injury, advertising injury. With some insurers, it can also be extended to include claims for libel/slander.

Commercial Property
If you lease a property, your landlord might require this contractually, and if you mortgage the property, your lender might insist you have this coverage as well. Essentially, it covers the building, your signage, fencing, landscaping, furnishings, equipment, inventory, and other company assets from damages that occur under a covered event.

Business Interruption
In certain covered events, where your business cannot operate or needs to find new temporary location to work from while repairs or a rebuild is underway, then this can cover some of the cost, and potentially pay a portion of any wages if the business is unable to trade.

Got a question? We’ve got answers.

Our team of Commercial Insurance experts will be happy to discuss your unique needs. Contact us today, and we’ll work through the options for you, leaving you free to focus your attention back on your business.

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