The Wright PLACE Insurance Agency LLC

Business Owner/Commercial Property Package

The Wright Place Insurance Agency

Business Owner/Commercial Property Package

This type of coverage helps bundle several coverage lines together in one easy-to-read policy. Generally, these policies are referred to as BOPs. It typically combines all the basic coverages required by a business owner into one bundle. It is usually sold at a premium that is less than the total cost of the individual coverages. Business Owners Policies usually target small and medium-sized businesses and typically contain business interruption insurance, which provides reimbursement for up to a year of lost revenue resulting from an insured property loss.

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