Business Insurance Dallas TX

Business Insurance Dallas TX

Insurers often combine a number of insurance coverages into one package that is sold as a single contract. The most common policy for small businesses is the Enterprise Policy (BOP).

The BOP combines coverage of all major property and liability insurance risks, as well as many additional coverages, into a single policy package suitable for most small businesses. The term “BOP” refers specifically to insurance policy language developed (and revised as necessary) by ISO experts. ISO provides examples of insurance policy language, research and a variety of other products to insurance companies.

Save Up to 27% With AmeriAgency. With More Than 20 Years of Experience, We’re Sure We Can Help!

BOP includes commercial income insurance, sometimes called business interruption insurance. This compensates a business owner for loss of income after a disaster. Disasters often disrupt operations and can force a business to leave its premises. The company’s income insurance also covers additional expenses that may be incurred if the company must operate out of a temporary location.

To cover specific risks associated with a business, a variety of additional coverages can be added to the basic BOP. For example, if a business has an outdoor sign, the BOP does not cover it unless the coverage is specifically added for an additional premium. If a business relies on e-commerce, the owner may add coverage for loss of revenue and extra expenses in the event that the business’ ability to conduct e-commerce slows down or stops due to a computer virus or hacker.

Only small and medium enterprises that meet certain criteria are eligible for a BOP. Factors that insurers consider include the size of the facility, the required liability limits, the type of business, and the extent of off-site activity. BOP premiums are based on those factors plus business location, financial stability, building construction, security features and fire risks.

Main Coverages

Most small businesses need to buy at least the following four types of insurance:

Save Up to 27% in Business Insurance Dallas TX With AmeriAgency. With More Than 20 Years of Experience, We’re Sure We Can Help!

For more information, call us at 1-888-851-5572. If you would like to receive a fast and free quote, visit us on our webpage!