{"id":7630,"date":"2021-12-21T13:40:21","date_gmt":"2021-12-21T13:40:21","guid":{"rendered":"https:\/\/www.linxinsurance.com\/new\/?p=7630"},"modified":"2021-12-21T13:47:10","modified_gmt":"2021-12-21T13:47:10","slug":"bop-retail-business-insurance-what-it-covers-what-not","status":"publish","type":"post","link":"https:\/\/www.linxinsurance.com\/new\/bop-retail-business-insurance-what-it-covers-what-not\/","title":{"rendered":"BOP Retail Business Insurance \u2014 What It Covers &#038; What Not"},"content":{"rendered":"\n<p>Businesses, both large and small, face many risks. Fires, burglaries, and natural disasters are just a few of them. To prevent them from getting a financial hit by unexpected losses and to protect their stores and assets, business owners need insurance. In this blog, we are going to talk about Business Owners Policy \u2014 a type of retail business insurance.<\/p>\n\n\n\n<p>Business Owners Policy, popularly known as BOP, is an insurance policy that combines the most important coverage business owners generally need. A perfect package deal for small and medium-sized businesses, BOP covers many risks and consists of various types of insurance including:<\/p>\n\n\n\n<ul><li><strong>Property Insurance&nbsp;&#8211;<\/strong>&nbsp;Property Insurance covers damage to buildings and contents owned by your company.<\/li><li><strong>Business Interruption insurance&nbsp;&#8211;<\/strong>&nbsp;Business interruption insurance covers the loss of income if you are temporarily forced to shut down because of a catastrophe, such as a fire. It may also include the extra expense of operating out of a temporary location.<\/li><li><strong>Liability insurance&nbsp;&#8211;<\/strong>&nbsp;Liability insurance covers the company&#8217;s legal responsibility for harm caused to third parties including personal injury as well as property damage.<\/li><\/ul>\n\n\n\n<p><strong>What BOP Does Not Cover<\/strong><br>As an insurance buyer, we are generally only concerned with what a policy covers but we don\u2019t give enough attention to what it does not, which often leads to assumptions. The result? Losses! The below-mentioned particulars are not covered under Business Owners Policy and must be bought separately:<\/p>\n\n\n\n<ul><li>Professional Liability<\/li><li>Auto Insurance<\/li><li>Workers Compensation<\/li><li>Health and Disability insurance<\/li><\/ul>\n\n\n\n<p>Want to&nbsp;get&nbsp;<a href=\"https:\/\/www.linxinsurance.com\/\">affordable retail store insurance in Jackson heights<\/a>&nbsp;or have questions about business insurance? Turn to Linx Insurance Brokerage, INC today and find the best commercial insurance for your business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Businesses, both large and small, face many risks. Fires, burglaries, and natural disasters are just a few of them. To prevent them from getting a financial hit by unexpected losses and to protect their stores and assets, business owners need insurance. In this blog, we are going to talk about Business Owners Policy \u2014 a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7631,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/posts\/7630"}],"collection":[{"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/comments?post=7630"}],"version-history":[{"count":1,"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/posts\/7630\/revisions"}],"predecessor-version":[{"id":7632,"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/posts\/7630\/revisions\/7632"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/media\/7631"}],"wp:attachment":[{"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/media?parent=7630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/categories?post=7630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.linxinsurance.com\/new\/wp-json\/wp\/v2\/tags?post=7630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}