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Business Owners Policy (BOP) Insurance

Securing Rhode Island Businesses with a Single, Cost-Effective Policy

As a business owner, an abundance of risk exists when managing daily operations. However, one aspect these individuals shouldn’t have to worry about is if they have adequate insurance protection for their company and its assets.

At Gaulin Insurance Agency, we work with clients throughout the state of Rhode Island to develop a comprehensive business owners policy (BOP). With a BOP backing your business, cracks in business insurance coverage will be filled and a foundation of coverage will be secured.

Business Owners Policy (BOP) Coverage Details

BOPs are typically recommended for small to medium-sized operations. Our agents take time to learn about the companies we insure, consulting with business owners on a one-on-one basis. We’ll conduct an introductory meeting to fully identify exposures and design an accurate BOP to reduce the impact of these risks.

The BOPs we produce encompass a selection of the following insurance coverages:

  • Products and Completed Operations
  • Premises Liability
  • Premises Medical
  • Fire Legal Liability
  • Business Income Insurance
  • Building and Personal Property Protection
  • On-Site Equipment Insurance
  • Coverage for Inventory Loss
  • Crime Insurance

Whether you run a retail shop or manage an office of employees, a BOP offers the most value for the investment placed in insurance coverage. If operations are interrupted, it can kick in to cover income, payroll, and extra expenses incurred. An example of an extra expense would be money spent on another location while doors are closed for business at the primary location.

To gain a better understanding of what a business owners policy (BOP) covers, contact an agent at your convenience.

Ever Consider, ‘Is a Knowledgeable Agent Available Near Me?’

As an agency, we boast a close partnership with Nationwide Insurance and other prominent providers, such as USLI, Hiscox, Progressive, and The Hartford. For our clients, this translates into direct communication with a local agent, complemented by a reliable insurance product.

Every business requires different coverage based on the industry and risk factors involved. As a local agency, we are accessible to meet with each client and address each commercial risk on its own, adding personalization to the policy. This personalized approach continues beyond the purchasing process, with annual reviews conducted to make sure coverages match requirements. If you change locations, purchase new equipment, or simply want to review existing coverage, our agents are accessible to meet these needs.

To get started on a policy, feel free to request a quote.

Additional Resources:

  1. Information Regarding Business Owners Policies (Insurance Information Institute (III))
  2. Insurance Guides for Business Owners (National Association of Insurance Commissioners (NAIC))
  3. Small Business Insurance Details and Materials (The U.S. Small Business Administration (SBA))