Businessowners insurance
What is businessowners insurance?
A businessowners insurance policy, sometimes referred to as a BOP, can save the business owner money by bundling together the two bedrock policies every small to mid-size business needs: commercial property insurance and commercial liability insurance.
Commercial property insurance covers your buildings, inventory, equipment, and fixtures plus intangible property such as valuable papers, records, account receivables, and electronic data. It can also cover for debris removal, pollution cleanup, loss of income, and for crimes such as fraud, theft, or forgery. Commercial liability protects your business should you be sued for causing injury and/or damage to a person or someone else’s property. Some policies also offer protections from advertising liability and product-related claims.
As a trade-off for simplicity and savings, some commercial insurance carriers do not offer the business owner much flexibility for modifying or customizing the coverages. Markel Specialty’s EssentialBOP coverage does offer customizable insurance solutions with a variety of coverage limits, deductibles, and payment options.
Get a quote
Learn how affordable Markel Specialty's protection can be for your business.
Through our exclusive relationship with NFIB, we are able to offer special services to Markel Specialty policyholders.
Markel Specialty has partnered with vendors to provide discounted loss control products to our insureds.
Learn how Markel Specialty works to prevent insurance fraud, and how you can report suspected fraud.
Markel Specialty is committed to providing the tools you need to help you keep safety first.