☰ ˟
Get In Touch / 321.206.8035
Garzor Insurance Logo
  • Home
  • Get A Quote
  • Customer Service
  • What We Offer
    • Business & Commercial
    • Bonds
    • Commercial Auto Insurance
    • Contractors Insurance
    • Non-Emergency Medical Transportation
    • Professional Liability Insurance
    • Restaurant, Bar, & Tavern Insurance
    • Trucking
    • Workers Compensation
  • Blog
  • Resources
    • Refer a Friend
    • Event Calendar
    • Important Links
    • Insurance Glossary
    • Frequently Asked Questions
  • About Us
    • About Garzor Insurance
    • Our Locations
    • Employee Directory
    • Our Partners
    • Customer Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
    • Client Login
    • Join Our Newsletter

What type of coverage do you need?
Home > Blog > When It Comes To Insurance Businesses Need Experienced Advice
WEDNESDAY, APRIL 14, 2021

When It Comes To Insurance Businesses Need Experienced Advice

BOP Insurance Policy at Garzor Insurance

 

 

 

Orlando, Fla.—An experienced local agent can walk you through the right decisions when it comes to getting your business well covered considering all risks involved in your specific operation, and other local considerations like rules and regulations, standards, and best compliance.

 

Combining three insurance policies into one package may be one of the strategies right for your business.

A single, convenient package could be a Business Owners Policy which provides the core insurance that most small businesses need, including:

 

Property insurance—Protection for your building or office space, as well as property owned by your business, such as equipment and inventory.

Liability insurance—Coverage for costs that arise if someone is injured at your business or by using your products or services.

Business interruption insurance—Also known as Business Income insurance, this coverage replaces lost revenues in the event that your business has to shut down due to fire, wind damage or other covered losses.

 

There are many ways to customize your BOP coverage. As mentioned before, every small business has its unique risks. The following are some types of insurance your agent could help you explore, depending on your business’ particular case. Ask about endorsement options when getting your quote.

 

 

A BOP policy has certain coverage exclusions that you should be aware of. If you need protection for something that isn’t covered, policy endorsements might be available to extend coverage. For example, damage from earthquakes is typically excluded from a BOP. If you live in an area that’s prone to earthquakes, you might want to consider adding an endorsement to your policy to extend coverage.

 

  • Professional  liability insurance
  • Employee practices liability insurance
  • Commercial vehicle insurance
  • Workers compensation
  • Health and disability
  • Flood and sewer back-up
  • Cyberrisk insurance
  • Terrorism insurance

 

A good reason to consider the above mentioned alternatives, is that the BOP insurance policy is specifically designed for small and medium-sized businesses, the type of business can influence eligibility. Normally, companies with 100 employees or fewer and revenues of up to about $5 million or less are candidates for a BOP. Some types of businesses, such as restaurants, may be ineligible for a BOP because of the specific risks inherent in the business and may need to consider buying the individual coverages separately. 

 

And then of course, you could explore the possibility of an umbrella insurance policy to complement any areas of your primary insurance policies that might need to be broadened and increased. In other words, what most people call “fill in the gaps” left by other types of liability insurance by covering additional areas of risk and even reimbursing you for deductibles. 

 

At Garzor Insurance our experienced professionals are dedicated to providing commercial insurance coverage for businesses in Florida as well as Georgia, Texas, and now many other states across the U.S.A. If you have questions about business insurance, or any other commercial insurance aspects, please do not hesitate to visit us online at Garzor Insurance, or you may want to call us directly at (321) 206-8035. 

 

 

Garzor Insurance

Oscar Pacheco

Insurance Agent - Transportation Specialist

pastedGraphic.png

 

 

 

Posted 9:32 PM

Tags: bop insurance, business insurance, commercial insurance, florida, texas, georgia
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017

  • florida(120)
  • insurance(105)
  • business(70)
  • orlando(55)
  • texas(52)
  • commercial(44)
  • commercial insurance(31)
  • georgia(28)
  • workers compensation(17)
  • business insurance(16)
  • small business(13)
  • general liability(9)
  • transportation(7)
  • holidays(6)
  • liability(6)
  • covid-19(6)
  • coverage(6)
  • hurricane(6)
  • commercial auto insurance(5)
  • central florida(5)
  • hurricane season(5)
  • commercial vehicles(5)
  • sba(4)
  • restaurant insurance(4)
  • professional liability(4)
  • flood insurance(4)
  • california(4)
  • restaurant(4)
  • truck insurance(4)
  • irma(3)
  • workplace(3)
  • nemt(3)
  • supply chain(3)
  • trucks(3)
  • risk(3)
  • holiday season(3)
  • contractors insurance(3)
  • auto(3)
  • pandemic(3)
  • safety(3)
  • business owners policy(3)
  • medicaid(3)
  • small businesses(3)
  • office(3)
  • burglary(2)
  • non-emergency(2)
  • management(2)
  • commercial auto(2)
  • vandalism(2)
  • workers comp(2)

View Mobile Version

Our Customer Feedback

Read More

Our latest blogs

  • Carrier
  • Carrier
  • Carrier
  • Guard Insurance Orlando
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Liberty Mutual Insurance Orlando
  • Nationwide Insurance in Orlando
Garzor Insurance
4369 Hunters Park Lane.
Orlando, Fl 32837
(321) 206-8035
Garzor Insurance is your local Commercial Insurance agency, offering a wide spectrum of business and commercial insurance options.
We support Florida business owners in finding the right coverage at the right price. Orlando, St. Cloud, Kissimmee, Apopka, Clermont, Melbourne, Lakeland, Jacksonville, Ocala
**New Office in Houston, Texas**
We're here for you
Home Page/ About Us/ Contact Us/ Our Blog/ Events/ Refer A Friend/ Our Partners/ Client Login
Quick Help Links
Quote Forms/ Service Forms/ File a Claim/ Make a Payment/ Insurance Glossary/ FAQs

Icon Icon
        

 

Icon Icon Icon
Social Icon Social Icon Social Icon Social Icon Social Icon
© Copyright. All rights reserved. Powered by Insurance Website Builder