Businessowners Policy (BOP).
This type of insurance policy is tailored made for small-to-mid-size businesses, and excellent for those operating home-based business or operates in more than one location. Business Owner’s Policy covers a broader scale than the in-home business policy. In-home business policy, Business property and equipment, loss of income, extra expense and liability are covered by In-home business policy.
[...] small and medium scale business believe that it is not as important for them to avail business insurance. Their rationale is that they are low risk industries and have less to lose compared to big [...]