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    Liability and property protection for your business

    Business owners insurance, also known as BOP insurance, is a policy that combines both property and liability coverage into one package. It’s popular among a variety of small and medium-sized businesses, such as restaurants, wholesalers, retail stores and contractors.

    Discover more about BOP coverage, cost and how you can protect your business through the Progressive Advantage® Business Program.

    What is BOP insurance?

    Show video transcript

    BOP coverage

    A business owners policy has two primary coverages:


    The liability coverages available on a BOP are the same as those on a general liability policy. This includes protection against liabilities like customer injury and property damage, advertising injury and product-related claims.

    A BOP doesn’t cover your employees. You’ll need a separate workers’ compensation policy.


    This coverage protects commercial buildings and business personal property, which is the movable property owned by and used for the business. It can also pay for other things like debris removal, loss of income and pollution cleanup as part of a covered loss.

    A BOP policy, like most other policies, 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 prone to earthquakes, you might consider adding an endorsement to your policy to increase coverage. Ask about endorsement options when getting your quote.

    BOP cost

    In 2023, the national median monthly cost of a BOP policy was $63 for new Progressive customers. The average price was $106 per month.

    The lower median price suggests that a few expensive outliers made the average cost appear higher than what most policyholders spent.

    Your final price will depend on your business’s characteristics, including coverage needs, type of profession, number of employees and claims history. Learn more about what influences your BOP insurance cost.

    Common questions about business owners policies

    Who needs a business owners policy?

    What does a business owners policy cover?

    What's the difference between a business owners policy and general liability coverage?

    What is business personal property?

    Does a business owners policy cover rented business property?

    Is it possible to add coverage to a business owners policy?

    Can a business owners policy help pay for damage from natural disasters?

    Can Progressive help me get a business owners policy in my state?

    How do I file a Progressive BOP claim?

    Two small business owners with a business owners policy load boxes into a commercial van

    Start a customized quote and get a Business Owners Policy from Progressive Commercial today

    Get a quoteOr, call 1-888-806-9598