Business Owner Policy in Davie, Port Orange, Daytona Beach and Throughout Florida

As an owner of a small- to mid-size business, you face several types of risks. From fires to burglaries to other liability exposures, your business is susceptible to financial losses from unpredictable events. A business owner policy (BOP) provides several coverages that may help protect your business. Contact Iten Agency for information on how to secure the right insurance plan for your needs. 

What Is a Business Owner Policy? 
A business owner policy packages different types of insurance coverages into a single policy. This bundled policy may cost you less than buying each policy individually, and it may be more convenient.  

A BOP is available to several types of businesses with 100 or fewer employees and whose annual revenue is around $5 million or less. Your agent at Iten Agency can review your business’s eligibility and help determine if a BOP is right for you. 

What Does a Business Owner Policy Cover? 
Coverages typically included in a BOP bundle are: 

• General liability insurance—This may provide protection if your business is legally responsible for another person’s bodily injury or property damage. It may help pay for legal fees and medical expenses resulting from such incidents up to the policy limit. 

• Commercial property insurance—This may provide protection for your business’s property and may cover losses from events such as fires, burglaries or other named perils. Items it may cover include your owned building, office equipment, computers, inventory and other property that is integral to your business. 

• Business interruption insurance—This may help replace your business’s lost revenue if a covered hazard temporarily shuts down your business. It may help pay for items such as wages and taxes while your operations are stopped. 

Other protections such as crime coverage or data breach coverage may be available to add to your BOP. Speak with your agent at Iten Agency to discuss options, coverages and exclusions. 

How Much Does a BOP Cost? 
Your BOP’s premium will depend on a variety of factors. The policies you select for your bundle, your industry and your business’s location could all impact how much you will pay. 

Contact Us 
The professionals at Iten Agency can work with you to find a BOP that fits your needs and budget. We can provide information on available options and details on specific coverages. Contact us today at 954-680-0360 or visit our website for more information.