What does a business owners policy typically bundle together?

A business owner's policy (BOP) typically combines property and liability insurance into one package to provide comprehensive coverage for small to medium-sized businesses. This bundling allows business owners to have a single policy that addresses both their physical assets and liability risks, which simplifies management and can often result in cost savings compared to purchasing separate policies.

Property insurance under a BOP usually covers business property such as buildings, equipment, and inventory against risks like fire, theft, and vandalism. On the other hand, liability insurance protects the business against claims from third parties for bodily injury or property damage that could occur as a result of business operations. This combination is particularly beneficial for businesses as it addresses both the risks to their property and the potential legal liabilities they could face.

In contrast, options involving health insurance, life and disability insurance, or workers' compensation do not correspond with the typical offerings found in a BOP. These types of insurance policies serve different purposes and are often managed separately from a standard BOP.