ABS Insurance & Financial Services takes pride in its business insurance policies. For small businesses looking for commercial business insurance, a Business Owner’s Policy (BOP) is the best. It bundles the coverage needed to conduct operations while keeping premiums to a minimum safely. Individuals seeking commercial business insurance are encouraged to contact us for a free insurance quote.
Frequently Asked Questions (FAQ)
A business owners policy bundles Commercial property insurance and General Liability coverage in one handy package, offering protection for small businesses that is more affordable than purchasing those coverages separately.
Commercial Property Insurance – Protects your building, equipment and inventory.
Business Income – Helps you pay bills and employees if your business has to temporarily close.
Crime Insurance- Which helps protect your business from fraud, theft and forgery.
The amount of BOP coverage you need depends on factors such as the type and size of your business, number of employees, and the type of customers you typically work with.
However, many small businesses in California obtain standard $1 million per occurrence and $2 million aggregate
This means the policy will pay up to $1 million to cover any one claim, with a $2 million limit for the lifetime of the policy.