Owners Policy (BOP) Insurance in California

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If you are a small business owner, you may want to consider getting a business owner’s policy (BOP) to protect your company from various risks. A BOP is a convenient and cost-effective way to combine three essential types of business insurance in one policy. These are:


  • General liability insurance: This covers your legal expenses if someone sues you for bodily injury, property damage, personal injury or advertising injury.
  • Commercial property insurance: Provides financial protection for your building, equipment, inventory and other business property from fire, theft, vandalism and natural disasters.
  • Business interruption insurance: Covers your lost income and extra expenses if you have to temporarily close or relocate your business due to a covered event.


A business owner's policy typically covers small businesses with up to 100 workers and annual revenue of no more than $5 million. However, not all businesses qualify for a BOP. Some industries or occupations may be excluded or require additional coverage.


We are a Trusted Business Owners Policy (BOP) Insurance Agency in California


Western Insurance is a reliable agency that provides Business Owners Policy (BOP) insurance to entrepreneurs in California. 


We have the experience and expertise to help you protect your business from various risks and liabilities. Whether you need coverage for property damage, business interruption, liability claims, or employee injuries, we can tailor a BOP policy that suits your needs and budget. 


Contact us today to get a free quote and learn more about our BOP insurance services.

Business Owners Policy Insurance: The Basics


Without a business owners policy (BOP) insurance, you may be exposing your small business to a variety of risks and liabilities. BOP insurance typically covers: 


General Liability Insurance


General Liability Insurance is a type of insurance that covers the legal liability of a business for bodily injury or property damage caused by its operations, products, or services. 


It protects the business from lawsuits filed by third parties, such as customers, suppliers, or competitors, who claim that the business was negligent or responsible for their losses. General Liability Insurance can cover the costs of legal defense, settlements, or judgments, up to the policy limit. It can also cover medical expenses for injured parties, as well as damages to their property. 


General Liability Insurance is essential for any business that interacts with the public or provides goods or services to others.


Commercial Property Insurance


Commercial property insurance is a type of business insurance that covers the physical assets of a company from risks such as fire, theft, vandalism, or natural disasters. Commercial property insurance can help pay for the repair or replacement of buildings, equipment, inventory, furniture, and other property that is damaged or destroyed by a covered peril. 


This insurance can also cover the loss of income or extra expenses that result from a business interruption due to a covered event. Commercial property insurance is essential for any business that owns or leases property, as it can protect them from financial losses and help them resume their operations as soon as possible.


Business Interruption Insurance


Business interruption insurance is a type of coverage that helps businesses recover from the loss of income caused by a disaster or an unforeseen event. It can cover expenses such as rent, payroll, taxes, utilities, and loan payments that the business would have incurred if it had been operating normally. Business interruption insurance can also cover the extra costs of operating from a temporary location or restoring damaged equipment or inventory. 


This insurance is usually sold as part of a property insurance policy or a package policy that includes both property and liability coverage. However, some insurers may offer it as a standalone product or an endorsement to an existing policy. Business interruption insurance is not mandatory, but it can be a valuable protection for businesses that depend on their physical location, equipment, or inventory to generate revenue.

Who is Business Owner's Policy Insurance Meant for?


Business Owner's Policy Insurance (BOP) is usually aimed at small and mid-size businesses in lower-risk industries that have less than $5 million in annual revenue and less than 100 employees. A BOP often offers coverage at a lower rate than the same separately purchased policies and allows businesses to opt-in for additional coverage, such as crime, spoilage, forgery, or fidelity.


Some examples of businesses that may benefit from a BOP are:


  • Retail stores
  • Contractors
  • Restaurants
  • Wholesalers
  • Landlords of apartment building owners
  • Convenience stores and grocery stores 
  • Condo associations
  • Warehouses
  • Professional services
  • Offices


Some examples of businesses that may not be eligible for a BOP are:


  • Car dealerships
  • Manufacturers
  • Banks and financial institutions
  • Bars and pubs
  • Auto repair shops
  • Amusement parks
  • Technology companies
  • Media companies
  • Health care providers


A BOP is not a one-size-fits-all solution for every business. Depending on the nature and size of your business, you may need additional or different types of insurance to protect your assets and liabilities. 



For example, you may need commercial auto insurance if you use vehicles for business purposes, or workers' compensation insurance if you have employees. You may also need specialized coverage for certain risks, such as cyber liability, professional liability, or product liability.

Business Owner’s Policy Costs in California


The average cost of a business owner's policy (BOP) in California is $1,200 per year. However, this is only a general estimate, and the actual cost may vary depending on several factors. Some of the factors that affect the cost of a BOP in California are:


  • The type and size of your business: Different industries have different levels of risk and exposure to liability claims. For example, a restaurant may face more risks than a bookstore. Similarly, a larger business may have more assets and employees to protect than a smaller one. Therefore, the type and size of your business will influence the amount of coverage you need and the premium you pay.
  • The location of your business: The location of your business can affect the cost of your BOP in two ways. First, it can determine the level of competition among insurers in your area. If there are more insurers competing for your business, you may be able to get lower rates. Second, it can influence the likelihood and severity of natural disasters, such as earthquakes, wildfires, floods, or landslides. If your business is in an area that is prone to these hazards, you may need more coverage and pay higher premiums.
  • The deductible and limits you choose: The deductible is the amount you have to pay out of pocket before your insurance kicks in. The limit is the maximum amount your insurance will pay for a covered claim. Generally, the higher the deductible, the lower the premium. However, this also means you have to bear more financial responsibility in case of a loss. The lower the limit, the lower the premium. This also means you have less protection in case of a large claim. Balance your budget and your risk tolerance when choosing your deductible and limits.
  • The optional coverages you add: A BOP typically includes three basic coverages: property insurance, general liability insurance, and business interruption insurance. Depending on your specific needs, you may want to add optional coverages to your BOP, such as data breach insurance, equipment breakdown insurance, or professional liability insurance. These optional coverages can provide more protection for your business, but they also increase the cost of your BOP.


The best way to know how much your BOP insurance will be in California is to work with an independent agent.

Common Business Owner’s Policy Discounts California


In California, there are several discounts available for BOP insurance that can help you save money on your premiums. Some of the common discounts are:


  • Multi-policy discount: If you buy more than one policy from the same insurer, such as workers' compensation or commercial auto insurance, you may qualify for a lower rate on your BOP insurance.
  • Safety discount: You may qualify for a lower BOP insurance rate if you take steps to protect your workplace from fire, theft, or other hazards, such as installing fire alarms, security cameras, or anti-theft devices.
  • Loyalty discount: If you renew your BOP insurance with the same insurer for a certain period of time, you may receive a loyalty discount for being a long-term customer.
  • Claims-free discount: A lower BOP insurance rate may be possible if your business has not faced any claims or lawsuits for a certain period.


To find out more about BOP insurance and the discounts available in California, you can compare quotes from different insurers online or contact an agent who specializes in business insurance.

Get The Best Rates on California BOP Insurance


We are waiting to help you get the best rates on California BOP insurance. 


Whether you run a small shop, a large corporation, or anything in between, you need BOP insurance to protect your assets and your livelihood. Contact us today and get a free quote from our experienced agents. We will compare multiple options and find the best one for your needs and budget. 



Don't wait any longer, get your California BOP insurance today and enjoy peace of mind.

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