Business Owner's Policy (BOP)
A Business Owner's Policy (BOP) bundles general liability with commercial property coverage at a discount. It protects your office space, laptops, servers, monitors, and equipment, and is the efficient base policy for most small software firms.
Business Owner's Policy for Tech Firms
A Business Owner's Policy combines general liability and commercial property into a single, cost-effective package built for small businesses. For a Python shop or data consultancy, the property side covers the things your team works on — laptops, workstations, monitors, servers, networking gear, and office furniture — against fire, theft, and other covered perils, whether at your office or in transit.
A BOP usually costs less than buying GL and property separately, and often includes business interruption coverage that replaces lost income if a covered event (like a fire) shuts your office. For most small and mid-size software firms, a BOP is the efficient base on which tech E&O and cyber are layered.
What to Watch
A standard BOP is not a substitute for technology E&O or cyber — it covers your physical property and premises liability, not your professional work or data breaches. We make sure your equipment limits reflect what your team actually uses (a fleet of high-end laptops adds up quickly) and that business interruption and any home-office or remote-equipment needs are addressed.
What's Covered
Frequently Asked Questions
No — a BOP covers your premises and equipment (GL + property), but not your professional work or data. You still need technology E&O and cyber liability for the software and data exposures that are your actual business. A BOP is the efficient base, not the whole program.
Most BOPs can cover business equipment off-premises and in transit, but limits and conditions vary. For a distributed team with high-value laptops, we set the property limit and any off-site coverage to match how and where your equipment is actually used.