Business Owners Policies (BOPs) in New Iberia and Lafayette, LA

A business owners policy (BOP) can help your small- or mid-sized business manage unexpected financial losses by combining essential coverage into a single package. Our team at DJW Insurance Agency, Inc. is ready to help you find the right coverage for your business.

What Does a BOP Cover?

While policies may vary, a standard BOP often includes the following:

• Property insurance may offer financial support if your building, equipment, inventory and other physical assets are damaged following a fire, theft, vandalism and certain natural disasters.

• General liability insurance may cover claims if your business is held responsible for injuries or property damage to others, whether it happens on your premises or as a result of your operations.

• Business interruption insurance may reimburse expenses if your business is temporarily forced to close due to a covered event, helping to cover lost income and ongoing costs.

It’s important to note that a BOP does not cover every risk. Standard policies often exclude losses from floods, earthquakes, employee injuries, professional liability or company vehicles. It also excludes intentional acts, routine maintenance and cyber incidents unless added separately. Business owners are advised to carefully review their policy and consider supplemental coverage for exposures not included in standard BOP.

Who Can Benefit From This Policy?

A BOP typically suits small- to medium-sized businesses across various industries, including retail shops, restaurants, offices and service providers. If you own or lease a workspace, have equipment or inventory or interact with clients, it’s wise to consider securing a BOP for your organization.

Where to Get a BOP

If you’re ready to know more about BOPs and determine whether they align with your business needs, our agents at DJW Insurance Agency, Inc. can assist you. Contact us today to get started.