BUSINESS OWNER’S POLICY IN COLORADO SPRINGS
Combine essential property and liability protection in one convenient policy built for your business.
Independent Agency
Multiple Insurance Companies
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Insurance Experience Since 2011
ESSENTIAL COVERAGE IN ONE POLICY
A business owner’s policy combines common coverages for eligible small and mid-sized businesses.
GENERAL LIABILITY
Helps protect your business from covered third-party claims involving bodily injury, property damage, and personal or advertising injury.
BUSINESS PERSONAL PROPERTY
Helps cover your equipment, inventory, furniture, supplies, and other business property against covered losses.
BUILDING COVERAGE
Helps protect an insured building and related structures against covered losses such as fire, wind, hail, and vandalism.
BUSINESS INCOME & EXTRA EXPENSE
Helps replace lost income and pay eligible extra expenses when a covered loss temporarily interrupts your business.
PRODUCTS & COMPLETED OPERATIONS
Helps protect your business from covered claims involving products you sell or work your business has completed.
EQUIPMENT BREAKDOWN
Can help pay to repair or replace covered equipment damaged by certain mechanical, electrical, or pressure-system failures.
More Options.
Personal Guidance.
As an independent insurance agency, McCloskey Advisor Group can compare coverage from multiple insurance companies instead of offering products from only one company. We look beyond the price to help you understand the coverage, limits, deductibles, and options included with each quote.
✓ Quotes from multiple insurance companies
✓ Coverage limits explained in plain language
✓ Options based on your industry and budget
✓ Continued support as your business grows
ADDITIONAL PROTECTION FOR YOUR BUSINESS
CYBER LIABILITY
Helps protect your business from covered data breaches, cyberattacks, ransomware, and other digital risks.
EMPLOYMENT PRACTICES LIABILITY
Helps protect your business from covered employment-related claims involving discrimination, harassment, retaliation, or wrongful termination.
COMMERCIAL UMBRELLA
Provides additional liability limits above certain underlying business policies for greater protection.
HIRED & NON-OWNED AUTO
May provide liability protection when your business uses rented or employee-owned vehicles for work, subject to policy terms.
Business Owner’s Policy FAQs
Answers to common questions about business owner’s policies (BOP) in Colorado from McCloskey Advisor Group, your local independent agency in Colorado Springs.
What is a business owner’s policy?
A business owner’s policy, commonly called a BOP, combines several important business coverages into one policy. It typically includes general liability, commercial property, and business income coverage.
Who is eligible for a business owner’s policy (BOP)?
Many small and mid-sized businesses qualify, including offices, retail stores, restaurants, contractors, service businesses, and certain property owners. Eligibility depends on the business’s operations, size, revenue, location, and claims history.
What does a business owner’s policy typically cover?
A BOP commonly includes general liability, business property, business income, and extra expense coverage. Additional protection may be available depending on the insurance company and the needs of your business.
Does a BOP include workers’ compensation or commercial auto?
Workers’ compensation and commercial auto insurance are generally purchased separately. We can help coordinate these policies with your BOP.
Do I need building coverage if I lease my location?
You may not need coverage for the building itself, but you may need coverage for your equipment, inventory, furniture, improvements, and other business property.
Can I customize a business owner’s policy with additional coverages?
Yes. Depending on your business and insurance company, options may include equipment breakdown, cyber liability, employment practices liability, professional liability, crime coverage, and other endorsements. Many businesses also add a commercial umbrella for higher liability limits.
How much does a BOP cost in Colorado?
Pricing depends on your industry, location, revenue, payroll, property values, coverage limits, deductibles, claims history, and other risk factors. We compare quotes from multiple insurance companies to help you find the right coverage at a competitive price.
How do I get a quote for a business owner’s policy?
Request a BOP quote online and share basic information about your business, including its operations, location, annual revenue, payroll, property values, and current insurance. We will compare available options from multiple insurance companies.
Ready to protect your business in one policy? We compare options from multiple insurance companies and explain your coverage in plain language. Request a business owner’s policy quote.