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Insurance BOP Hero

Business Owners Policy

A business owners policy, or BOP, offered through Paychex Insurance Agency helps you save money as you bundle essential protection for your business — including liability and property coverage — to address a range of business risks.

What does a business owner policy (BOP) include?

Business interruption policy

BOP helps replace business income lost due to incidents such as natural disaster.

Make It Simple to Find and Manage BOP Insurance 

Our licensed agents research and compare policies from a wide range of carriers, so you can more easily choose a business owners policy that affordably consolidates your essential business coverage.

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Customize BOP Coverage for Your Business

Our agency can help you find additional coverage that may be just as important to help protect your business and employees.

Insure Against the Unexpected

Our experts examine all the potential challenges presented to your business by its geography, weather, and climate.

Protect your People with Workers’ Compensation Insurance

Our agents can help provide comprehensive coverage that meets or exceeds your workers’ compensation insurance requirements.

Coverage Beyond BOP Insurance

Our licensed agents will help you find additional coverage to protect your business from employee theft to fraud or other crime — and cover valuable equipment.

One Place for All Your Insurance Solutions

As a top 100 insurance agency*, we’re your single stop for property and casualtyhealth and benefits, and benefits administration. Find out more about what Paychex Insurance Agency can offer you, your business, and your employees.

Business Owners Policy FAQ

  • What is a business owners policy (BOP)?

    What is a business owners policy (BOP)?

    A BOP bundles coverage for most major property and liability risks into a single insurance package—combining basic coverages at a cost-effective rate.

  • What does a business owners policy (BOP) insurance cover?

    What does a business owners policy (BOP) insurance cover?

    A BOP typically covers property insurance for buildings and the contents owned by the company, as well as business interruption insurance, covering the loss of income resulting from an incident that interrupts business operations. Another component of a BOP is liability protection, which covers a business against the harm it may cause to others — from bodily injury or property damage due to defective products, faulty installations, or errors in services provided.

  • Why do I need business a business owners policy (BOP)?

    Why do I need business a business owners policy (BOP)?

    A BOP policy can provide cost-effective coverage for businesses with less than 100 employees (and under $5 million per year in sales), who also have a need to protect valuable business property and equipment.

  • How much does a business owners policy (BOP) insurance cost?

    How much does a business owners policy (BOP) insurance cost?

    The cost of a BOP varies based on multiple factors, including the type of business being insured, its location, and any additional coverage required. Most small businesses can expect premium costs for a BOP to range from $500 to $3500 per year.

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