Business Owners (BOP)

As the owner of a Massachusetts business, it is vital that you have the appropriate insurance coverage for all major property and liability losses. A business-owners policy, also known as a BOP, provides all of the necessary coverage in one policy, although coverages can be purchased separately as standalone Commercial Property and General Liability policies and also provided under a Commercial Lines Package Policy.

In Massachusetts, a Business Owners Policy combines property, liability, and business interruption coverage for small to medium-sized businesses. This packaged coverage is less expensive than purchasing coverage separately.

Property coverage protects the building, equipment, and inventory. It can provide replacement cost coverage for buildings and most of the business owner’s personal property. In the event of a claim, you’ll receive a settlement to replace the damaged property with like kind and quality items. In Massachusetts, a BOP also provides protection against loss of net income and extra expense, like payroll in the event of a loss. Expansions and increases in revenue can affect a BOP policy, and it is important to contact your agent when such changes are made.

Liability coverage protects a business from loss arising out of bodily injury and property damage to others. There is also protection against libel, slander, and false advertising. Workers Compensation and Professional Liability are separate policies from BOP.


It is important to know that BOPs do not cover the following:

Supplemental Insurance Coverage

There are several types of supplemental coverages available for a business owner’s policy. These include:

  • Debris Removal
  • Earthquake
  • Extended Liability For Additional Insured
  • Flood
  • Valuable Records Protection

Whether you’re in need of a quote or just have questions, call Cochrane and Porter today at 781-431-9800 for help with your business insurance needs!