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Business Owners Policy (BOP) Utah | Canyon Insurance — 30+ Carriers Compared
Business Insurance

The BOP — essential coverage, one smart package.

A Business Owners Policy bundles general liability and commercial property insurance into one package — usually at 15–20% less than buying them separately. It's the most popular policy for small businesses, and for good reason.

What a BOP Covers

A BOP combines two essential coverages into one convenient, cost-effective package. Think of it as the starter kit for protecting your business.

01

General Liability

Covers bodily injury, property damage, and advertising injury claims from third parties — the same coverage as a standalone GL policy.

02

Commercial Property

Protects your building (if owned), business contents, equipment, inventory, and furniture against covered perils.

03

Business Income

Pays lost revenue and ongoing expenses if a covered event (like a fire) forces you to temporarily close.

04

Data Breach Coverage

Many modern BOPs include basic cyber coverage for data breach notification and response costs.

05

Equipment Breakdown

Covers sudden failure of mechanical or electrical equipment — HVAC, computers, refrigeration, and more.

Business Owners Policy (BOP) — is it right for you?

Small to mid-sized businesses with a physical location, under $5M in revenue, and fewer than 100 employees. If you rent or own a space and have equipment or inventory, a BOP is usually the best value.

Retail Stores Restaurants & Cafes Professional Offices Salons & Spas Auto Repair Shops Medical & Dental Practices

Common questions

A BOP bundles them at a discount (usually 15-20% savings) and simplifies your coverage with one policy, one premium, and one renewal date. It also often includes bonus coverages like business income.

For most small businesses, $500–$2,500/year. It's one of the best values in business insurance — especially compared to buying coverages individually.

Yes — most carriers let you add cyber liability, hired/non-owned auto, tools floaters, and employment practices liability as endorsements to your BOP.

Workers' comp, commercial auto, professional liability (E&O), and health insurance are all separate. A BOP is the foundation, but most businesses need additional policies.

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