/ BLOG

General Liability Insurance vs. Business Owner’s Policy: What’s the Difference?

Sep 6, 2022 · 3 minutes to read

Small business owners often need to wear many hats, especially if they’re just starting out. This may mean becoming an “expert” in many topics, from accounting to marketing. While you’d probably prefer to take it slow and carefully study these areas, you might not have enough time to get up to speed in all of them.

Insurance is one area where you may need to hit the ground running. It may be important or even necessary to protect yourself and your business with different policies—but which ones do you need? Choosing coverage can be confusing, especially with so many choices out there!

Here we’ll break down two types of coverage you might consider: a Business Owner’s Policy vs. General Liability.

What is General Liability insurance?

General Liability insurance is a primary policy type that many small business owners consider. It helps protect against third-party claims of property damage or injury, including covering your legal expenses and the cost of setting the situation right (up to the policy limits). Because it helps address two critical areas of risk, businesses in just about every industry may buy a General Liability policy.

Third-party claims can come from any member of the public who interacts with your business. This includes your customers, clients, vendors, suppliers and even delivery people. General Liability policies do not cover injury or property damage suffered by you or your employees.

General Liability insurance may also be referred to as Commercial General Liability or “slip and fall” coverage by insurers or other small business owners.

What is a Business Owner’s Policy?

A small business may have many areas of risk they want to address. It might be more affordable and convenient to get a Business Owner’s Policy—an insurance package that protects your business against many of the common risks it faces every day.

Business Owner’s Policies (often shortened to BOP) combines General Liability with other common types of coverage. Your BOP can be customized to fit the unique needs of your business. This may include insurance to protect you against unplanned business interruptions, breakdown of equipment, or client property left in your custody.

BOP vs General Liability: Do I need both?

As mentioned above, a Business Owner’s Policy includes General Liability in its insurance package. A BOP may provide suitable types of coverage if you need to address general liabilities plus protect your inventory, business equipment, building where you work and other parts of your business.

For other businesses, a General Liability policy may be all that’s needed. This will depend on how you work, the services you provide, and other factors that are unique to your business. Making a list of the risks you are likely to face could help you decide if you want a BOP vs a General Liability policy.

Insurance for your small business

Are you considering a Business Owner’s Policy vs General Liability insurance for your business? BizInsure may be able to help. Our licensed customer support agents can answer your questions about these types of coverage and get you quotes from top-rated insurers in minutes.

Start an online quote now or call us on 1-877-900-9998 to talk with an agent over the phone.

© Copyright 2022 BizInsure LLC, 2015 ALL RIGHTS RESERVED BizInsure LLC; CA DBA: Simple, Smart, BizInsure Insurance Agency LLC; NY DBA: BizInsure Services LLC; NH DBA: Simple, Smart, BizInsure Insurance Agency; PA DBA: BizInsure Services LLC. 2950 Buskirk Ave Suite 300, Walnut Creek CA 94597. License #0H81929

Let's find

The coverage you need for your business

Professional Liability Insurance

Professional Liability Insurance

Get a quote

General Liability Insurance

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Workers Compensation Insurance

Get a quote

Let's find

The coverage you need for your business

Professional Liability Insurance

Professional Liability Insurance

Get a quote

General Liability Insurance

General Liability Insurance

Get a quote

Business Owner’s Policy (BOP)

Business Owner’s Policy (BOP)

Get a quote

Workers Compensation Insurance

Workers Compensation Insurance

Get a quote

I renewed my policies , including a few updates, through the on-line portal. It was quick, easy and completed in a few moments. I will not have to revisit thias until 12 months from now. I printed out my documents and have no questions pertaining to my renewal. It was seamless. Thank you Biz Insure
Fast, Simple, convenient
This company is very efficient, easy to manuever their online renewal, I love it and would recommend to anyone.
Awesome service!
Very easy to work with, cost effective, prompt renewal and easy to get certificates of insurance instantly. I use them exclusively for my professional and general liability insurance needs as a consultant. They simply make my insurance be easy!
VERY PROFESSIONAL STAFF. CALLS ARE RETURNED PROMPTLY!!
Huge thank you to Andrea, she was patient, kind, & caring! Got my quote fast & at best price!
Excellent and Easy service - Thank you.
Amy was a delight to work with she help me with finding he right policy for my business I can't thank her enough for her help
I purchased liability insurance for my home care agency, Unlimited Gentle Care, and the process was seamless and straightforward, ensuring that every aspect of our liability was covered. This company also offers a great value for the extensive coverage my company receives
BizInsure was an easy way to purchase insurance for my business.Kaleb especially was a great help.Thanks,Rich Valentini
awsom service, perfect price and great policy
I have purchased General Liability Insurance for the past 4 years at BizInsure for my wedding videography small business. In these 4 years, it has always been a smooth process.There must've been some sort of technical issue (potentially due to my change in address), so my policy didn't auto-renew. I called Bizinsure and talked to Paulina, who was beyond helpful. She was very polite and explained things very well. One small detail that I can appreciate is that she often said my name, which shows that their customer service is intentional about personalized communication.In just a few minutes, we updated my account + renewed my insurance for a 5th year. I highly recommend Bizinsure!
great customer services.
This company allowed us an amazing experience, including very efficient, detail-oriented, and patient guidance from their commercial sales agent, Jenifer. I highly recommend this service for anyone in need of a business insurance policy.
Jennifer was very helpful and great to work with.
Very professional, fast and reliable. I appreciate their knowledge and experience. They have made this journey easier for me.
Very easy to renew! Thank you
super quick and easy process!
I am very satisfied with Bizinsure. No regrets
Very professional, easy, and thorough application process.
BizInsure is efficient and price friendly. I definitely reccommend them to anyone. Thank you.
Great process and very efficient.
Friendly and very fast service!
Jennifer Whiscombe, is an amazing agent. She was very knowledgeable, thorough and friendly. I highly recommend.
They make it very easy to buy insurance and renew.
As a business owner I love not wasting time. Thank you so much for giving me more time
Very straight forward, the cost of coverage amount made sense, simplicity was appreciated.
Always easy. Thank you.
A Company that is easy to deal with and that I have used for several years. I appreciate the continued support.
Very easy and affordable!
Responsive and professionalCompetitive price. I highly recommend Bizlnsure as an insurance provider
Your service is easy to renew as needed and your company informs the client in advance for renewal.
js_loader
Google Rating
4.7
Based on 296 reviews
×
js_loader