Business Owners Policy (BOP) in Texas

Essential Business Coverage in One Convenient Package

A Business Owners Policy, commonly called a BOP, combines several core coverages into a single policy designed for small and mid-sized businesses. For many owners, it is a simpler and more cost-effective way to protect against the most common risks than buying each coverage separately. At Southwest Insurance Management Group, we help Flower Mound businesses decide whether a BOP is the right fit and build a package around their needs.

What a Business Owners Policy Typically Includes

While policies vary by carrier, a BOP generally bundles:

• General liability insurance for third-party bodily injury, property damage, and advertising injury claims
• Commercial property insurance for your building (if you own it) and business personal property such as equipment, furniture, and inventory
• Business income coverage to help replace lost income and pay ongoing expenses if a covered loss forces you to temporarily close
• Extra expense coverage for added costs to keep operating after a covered loss, subject to policy terms

Many carriers also let you add optional endorsements, which may include equipment breakdown, data breach or cyber liability, hired and non-owned auto, employment practices liability, and other coverages. Availability depends on the carrier and your business.

Is a BOP Right for Your Business?

BOPs are generally designed for small to mid-sized businesses in lower-risk industries. Eligibility depends on the carrier and often considers your type of business, number of employees, revenue, and property values. Businesses that often qualify include:

• Offices and professional service firms
• Retail stores and boutiques
• Restaurants and cafes (some carriers)
• Salons, spas, and studios
• Small contractors and service companies (some carriers)
• Medical, dental, and wellness offices (some carriers)

A BOP does not replace every policy. It typically does not include workers compensation, commercial auto, or professional liability, so you may need separate coverage. Larger or higher-risk businesses may be better served by individually designed policies. We will help you sort out which approach makes sense.

Why Choose Southwest Insurance Management Group?

Our local agents take time to learn how your business operates and compare BOP options from multiple carriers. We review your property values, liability exposures, and lease requirements to help you avoid both gaps and overpaying. We will also show you how a BOP fits with commercial auto, workers compensation, professional liability, and umbrella coverage, and we offer an annual policy review as your business changes.

Ready to see how a BOP could protect your business? Call 972-318-0900, email an agent, or request a quote online.