Simple, Bundled Protection for Small Businesses
A Business Owners Policy, or BOP, combines several key coverages most small businesses need - typically general liability, commercial property, and business income - into one convenient package. Instead of juggling separate policies, many shops, offices, and small operations in Morehead and throughout Eastern Kentucky can streamline coverage and sometimes save money with a BOP.
We help you determine whether your business qualifies for a BOP and if it's the right fit compared to stand-alone policies.
What's Typically Included in a BOP
General Liability Insurance
Helps protect your business from claims involving bodily injury or property damage to others. Essential for anyone who has customers on-site or works at client locations.
Commercial Property Insurance
Covers your building (if you own it) and business personal property such as inventory, equipment, and furnishings. Critical for main street shops, small warehouses, and offices.
Business Income / Business Interruption
Helps replace lost income and pay ongoing expenses if a covered loss forces you to temporarily close or reduce operations.
Optional Endorsements
BOPs can often be customized with add-ons like data breach/cyber coverage, equipment breakdown, or hired/non-owned auto liability to match your specific risks.
Is a BOP Right for Your Eastern Kentucky Business
Business Owners Policies are designed for qualifying small and mid-sized businesses with relatively standard exposures - think:
Main street retailers in Morehead and surrounding towns.
Small offices (accountants, consultants, real estate agents).
Bakeries, cafés, and small restaurants.
Repair shops and service contractors with a small shop or office.
When you contact us, we:
Review your industry, size, and operations to see if you're a good fit for a BOP.
Compare bundled BOP options from multiple carriers against separate policies.
Make sure your coverage meets landlord or lender requirements.
Help you adjust limits and deductibles to align with your risk tolerance and budget.
BOP vs General Liability Alone
Here's how a BOP compares to carrying general liability and property separately.
| Coverage Scope | General Liability Only: Helps protect against third-party injuries and property damage but may not cover your building or contents. | BOP: Combines liability with property and often business income coverage, offering broader protection in one policy. |
| Cost & Convenience | General Liability + Separate Property: Two (or more) policies to manage, each with its own renewal and billing. | BOP: One bundled package that can be easier to manage and may offer cost advantages for qualifying businesses. |
| Business Size & Eligibility | General Liability Only: Available to nearly any size and type of business. | BOP: Typically geared toward small to mid-sized businesses with relatively standard risk profiles. |
| Customization | General Liability + Property: Customizable but often managed separately. | BOP: Offers bundled customization through endorsements like cyber, equipment breakdown, and more. |
Conclusion Sentence: We'll help you decide whether a BOP or separate policies make more sense for your business in Morehead and the surrounding Appalachian communities.
Common Questions About Business Owners Policies
What is a Business Owners Policy in Kentucky?
A BOP is a bundled policy that typically includes general liability, commercial property, and business income coverage, designed for qualifying small and mid-sized businesses.
Do I need a BOP for my small business in Morehead.
If you need both liability and property coverage, a BOP may be a smart, streamlined option. We'll review your operations and tell you whether you qualify or if separate policies make more sense.
What's the difference between a BOP and general liability.
General liability protects against certain third-party claims but doesn't cover your building or business property. A BOP combines liability with property and often business income coverage.
Can I customize a BOP for my shop or office.
Yes. Many carriers allow endorsements for things like cyber/data breach, equipment breakdown, or added coverage for signs and equipment.
Does a BOP work for contractors and home-based businesses.
Sometimes. Eligibility depends on your operations and risk profile. We'll help determine whether a BOP is right for you or if other policy combinations are a better fit.
See If a BOP Can Simplify Your Coverage
If you're running a small business in Morehead, Rowan County, or nearby Appalachian communities, a Business Owners Policy might simplify your insurance and even reduce costs. Let's review what you have now and see if a bundled BOP is a better fit.
