A Business Owners Policy, commonly called a BOP, combines general liability and commercial property insurance into a single, cost-effective package designed for small to mid-size businesses. Buying coverage together is almost always less expensive than purchasing each policy separately — and it simplifies your insurance program into one renewal date and one bill.
Erie Insurance’s ErieSecure Business BOP is one of the most comprehensive packaged policies available for qualifying small businesses in Tennessee. Vallie Insurance helps Greene County business owners determine whether a BOP is the right fit and what endorsements make sense to add.
What a Business Owners Policy Typically Includes
- General liability — Third-party bodily injury, property damage, and advertising injury claims.
- Commercial property — Coverage for your building (if owned), business personal property, inventory, and equipment.
- Business income and extra expense — Replaces lost revenue and covers continuing costs when a covered loss forces you to close temporarily.
- Equipment breakdown — Mechanical and electrical equipment failure not caused by normal wear and tear.
- Data compromise coverage — Basic protection for notification costs and credit monitoring after a data breach (Erie’s CyberSuite can expand this significantly).
Common BOP Add-Ons and Endorsements
- Professional liability / errors and omissions
- Hired and non-owned auto liability
- Employment practices liability (EPLI)
- Cyber liability suite
- Commercial umbrella
Who Qualifies for a BOP?
BOPs are designed for businesses with a physical location, relatively limited revenue, and low-to-moderate risk profiles. Restaurants, retail shops, offices, salons, boutiques, and service businesses in Greeneville are often ideal candidates. Businesses with higher hazard operations — heavy manufacturing, construction, or trucking — typically need individually structured commercial policies instead.
Not sure if a BOP is right for you? Fill out the quote form and an agent will review your operations and compare options from multiple carriers to find the best fit at the best price.