A Business owner’s Policy (BOP) is recommended by Apple commercial insurance Austin for most small businesses, as it is often the most affordable way to obtain broad coverage.  Commercial Insurance Austin shows that a BOP will cover your business in the event of property damage, suspended operations or a lawsuit.

Apple Commercial Insurance Austin says BOP’s does NOT cover professional liability, auto insurance, workers compensation health or disability insurance.   There are more comprehensive commercial Insurance Austin policies for medium and large businesses.

Commercial Insurance Austin lists seven categories of your personal property under a Building and Personal Property Coverage (BPP) policy.

• Furniture and fixtures
• Machinery and equipment
• Stock (i.e., merchandise held in storage, including raw materials, work in-progress and finished goods) All other personal property owned by you and used in your business
• Labor, materials or services furnished or arranged by you on the personal property of others
• If a tenant, the improvements or betterments you have made
• Leased personal property that you have a contractual responsibility to insure

Apple Commercial Insurance Austin says a Commercial General Liability (CGL) insurance policy is the first line of defense to protect your assets.  CGL policies cover claims in four basic categories of business liability:

• Bodily injury
• Property damage
• Personal injury (including slander or libel)

Advertising injury In addition, CGL policies cover the cost to defend or settle claims.