Five Things to Know About our Businessowners Policy (BOP) Coverage

Topics: Agent Resources Business Owner's Policy Small Business

Summary: In the world of small business, good advice can open the door to great opportunities. Some of the best advice you can give your small business customers is to invest in a Businessowners Policy, also known as a BOP. Read on to learn more about AmTrust's BOP.

Build Your Book of Business with AmTrust's Businessowners Policy

Here are five must-knows about our BOP coverage that can help you build a profitable book of business:
1. A BOP provides tremendous value. Ideal for most small businesses, a BOP bundles the major coverages small business owners need – including general liability, property, equipment breakdown and business interruption insurance – into one affordable policy. For additional protection, you can add employment practices liability insurance (EPLI) and cyber insurance, safeguarding your customers against these growing risks.
2. A BOP provides both comprehensive and customized coverage. Our Basic, Plus and Blanket and Medical Dental enhancement endorsements offer over 80 different supplemental coverages. To further customize your customers’ coverage, you can add liquor liability or professional coverage, depending on the class of business. You can also add insureds to the policy and include a per-project or per-location endorsement.
3. Our redesigned ezBOP rating platform takes efficiency to the next level. The new ezBOP platform makes it possible to rate, quote and bind new business in as few as three minutes! Other agent-centric enhancements include a new price tracker, which provides real-time premium updates, and coverage indicators that help you select only the enhancement coverage limits your customers need. Plus, with far fewer class-specific and general underwriting questions to answer, your quote counts will go up, along with your policy count.
4. We have a broad risk appetite – and it continues to grow. We have a broad appetite of 350 classes. Some of the best in the industry, our underwriters focus on the following types of business:
  • Retail
  • Offices
  • Restaurants
  • Service Risks
  • Habitational Risks and Residential Condos
 To expedite the submission process, every BOP class in our appetite is bind online eligible.
5. BOP is a win-win for you and your customers. Besides an array of coverage options and highly competitive premiums, AmTrust offers select small businesses a 10% discount when their BOP is paired with our workers’ compensation coverage. The flexible terms, comprehensive coverage and significant discount are all great selling points, helping you attract new policyholders while giving them the options and savings they want.

get a quote for small business clients banner

AmTrust's Businessowners Policy has All the Right Coverage, All in One Policy

When it comes to affordable, customizable coverage, a businessowners policy may be the perfect fit for your small business customers. To learn more about AmTrust's BOP, please contact us today.

Time Zones