Business Owner Policy (BOP)
For Small-to-Medium Enterprises
Comprehensive Coverage in a Single Package
The Business Owner Policy (BOP) is designed for small to mid-sized enterprises seeking a streamlined insurance solution. By consolidating general liability, commercial property, and business interruption into one bundled policy, brokers can deliver value, convenience, and cost efficiency to their clients.
A Step Beyond
With 97% of U.S. businesses holding at least one commercial policy, the demand for tailored BOP solutions is clear. Brokers can enhance retention and create cross-sell opportunities by adding inland marine or professional liability endorsements to expand coverage and increase open premium.
Key Program Features
- Core coverage: property, liability, and business income
- Optional riders: workers’ comp, inland marine, professional liability
- Discount opportunities through bundling
- Renewal and retention strategy tools
Why Brokers Choose Volition for BOP
Volition’s fast quoting tools allow brokers to bind policies quickly while renewal alerts keep accounts active and profitable. Custom riders enhance flexibility, boosting client satisfaction and long-term loyalty.
