Business Owner Policy - Protecting assets is generally essential for business owners. One of the most convenient ways to do so is with business owners insurance policy. Business Owners Insurance (BOP), or Business Owners Policy insurance, is specifically designed for small to medium sized businesses operating in California and other states. It combines some of the basic coverage needed by a typical small business in California into one policy quote at a discounted premium.

Generally, BOP quote combines several types of commercial insurance, including General Liability and Property Insurance allowing businesses operating in California and other states to get the needed coverage in one policy quote. A general liability policy covers the business and other people involved including partners, members, officers, and subsidiaries. California general liability insurance protects a company's assets if it is sued for causing property damage or personal injury. Therefore, general liability and property insurance are critical for companies.

Consolidating all the necessary coverage into a business owners insurance quote saves money while getting their needs covered. BOPs bundle general liability and property insurance into a single policy. However, be aware that the general liability coverage limits in BOPs are generally low, so if your business needs more general liability coverage, you may have to purchase it as a separate policy.

Typically, a business owner policy quote in California provides the following general coverage:

• Business Interruption Insurance - covers losses that cause you to shut operations or reduce production for a time
• Crime Insurance - covers loss of money or securities resulting from burglaries, robberies, or destruction
• BOP - insures a damaged property for replacement cost value
• General Liability Protection - insures against claims of bodily injury or property damage by someone injured at the business as well as the cost of defending lawsuit.

Normally, companies in California with 100 employees or under and revenues of up to about $5 million or less can get a business owners insurance policy quote. If your company is in a "low risk" category, you become eligible to purchase a BOP insurance quote. To keep liability and other insurance rates down, owners should take precautions to prevent accidents. It appears to have a higher degree of risk, that business will pay more for premiums or may have difficulty getting coverage at all.