Your business has a physical location. It doesn’t matter where you
conduct your business, it matters if your business and assets have
coverage. Your BOP policy can help cover businesses run out of your
home, a rented or owned office, store or garage.

 There’s a possibility of you getting sued. For example, let’s say a
customer who was injured at your work place slips and falls. Without the
proper business owner’s insurance, you may be looking at hefty out-of-
pocket fees to cover the customer’s medical expenses.
 You have assets that could get stolen or damaged. From digital assets
and customer data, to equipment, furniture, cash or inventory, some
assets can be very hard to replace. With BOP Insurance, you don’t have
to worry about where the money is coming from in the event you have
assets that got stolen or damaged.

Purchasing a BOP Policy is smart and convenient. It simplifies coverage needs by
including business property insurance and business liability insurance. These are two
important coverages combined into one.
 
The Hartford’s Business Owner’s Policy (BOP) offers businesses a way to save money
while getting broad coverage for things like:
 

 Fire
 Theft
 Lawsuits
 Loss of income

A BOP policy is a more affordable option than buying separate business property and
liability policies. This policy is an even smarter and more convenient choice for business
owners because you can add other coverages to it. Businesses with specific needs can
tailor their BOP by adding coverages like:
 

 Business income for off-premises utility services
 Data breach
 Professional liability

Business owner’s insurance usually includes:
 
Commercial Property Insurance. Property insurance can help protect property your
business:
 

 Owns
 Leases
 Rents

This can include:
 

 Buildings
 Equipment
 Inventory
 Furniture
 Fixtures

Commercial property insurance helps cover losses of accounts receivable, valuable
papers and records.
 

 General Liability Insurance. When it comes to liability protection, the
broader the coverage the better. To get the coverage you need, consider
The Hartford's BOP policy. Our policy provides business liability insurance
that helps you in the event that you’re sued for causing harm to a person
and/or damage to property. It also helps cover the cost of your defense. It
does this because businesses often get sued even if they did nothing
wrong.

 Business Income Insurance. If unexpected events cause a suspension in
your business operations due to a covered loss, The Hartford's BOP
policy can help. Our BOP can help replace loss of income to help you
meet your continuing financial obligations. These include important
monthly benefits to employees such as both payroll and any other
financial payments that are due to them. This also includes essential
payments like rent.

There are additional coverages that you can add to your Business Owner’s Policy to
help tailor coverage to your specific needs. Here are two popular optional coverages
that you can add to your Business Owner’s Policy:
 
Data Breach Coverage. Any business that handles or stores private customer, patient or
employee information is at risk for a data breach. When this sensitive information gets
lost or stolen, it’s important to act quickly. Acting quickly allows you to restore
confidence in your business. If a breach occurs, The Hartford’s Data Breach Coverage
can help pay for the expenses from:
 

 Notifying affected individuals
 Engaging credit monitoring services if warranted
 Public relations

We also offer coverage to help with defense and settlement costs. In addition to this,
our data breach coverage can help cover these in the event your business gets sued
because of a breach. We also provide coverage when you store private data
internationally.
 
Additional coverage options can help:
 

 Replace lost income and pay for extra expenses incurred. This helps keep
your business running when it has to close temporarily or slow operations
due to a covered data breach.
 Protect a business from a data breach that occurred before the BOP
policy effective date.
 Pay for extortion expenses and ransom payments associated with the
threat of a data breach.

Data Breach Coverage from The Hartford includes access to professionals who can
help guide you. They’ll teach you how to prevent breaches and how to manage one if it
occurs.
 
Professional Liability (Errors and Omissions) Coverage. You put your professional
judgment and expertise on the line just about every day. Even when businesses have
done nothing wrong, they can get sued. For instance, businesses get sued by
customers claiming negligent acts or errors in professional services you provided.
Professional liability coverage can help cover you against claims like these. However,
some types of businesses may not be eligible for this coverage.

For businesses with employees, workers’ compensation insurance is important. This is
typically purchased separately from a Business Owner’s Policy (BOP). It’s also
mandatory in most states.
 
Workers’ comp insurance coverage pays an employee or employee’s family for medical
costs in the event of a work-related:
 

 Injury
 Illness

 Death

Workers’ Compensation also helps cover an employee’s income if they are out of work
due to a covered illness or injury. This is just another option that you can add to your
BOP Policy to protect you and your employees from the unexpected.

For businesses that use cars and trucks, commercial auto insurance is another
important policy to consider. This policy helps protect your business from financial
losses when an employee is found at fault for an auto accident.