What is typically excluded from a Business Owner Policy?

A Business Owner Policy (BOP) is designed to provide a broad range of coverage for small to medium-sized businesses, typically bundling essential coverages into one package. However, it is essential to note that certain types of insurance are not included in a standard BOP, and one of those is professional liability coverage.

Professional liability coverage protects businesses against claims of negligence, errors, or omissions in the services they provide. This type of coverage is particularly important for professionals who offer specialized services, such as consultants, lawyers, and healthcare providers. Given the unique nature of the risks associated with professional services, professional liability is usually purchased separately from a BOP, tailored to the specific industry and the nature of the services provided.

In contrast, a BOP typically includes property damage liability, commercial property insurance, and general liability coverage, addressing key risks that businesses face. These components are integral in helping businesses manage liabilities related to physical damage or injury claims arising from property use and business operations.