BOP

(Business Owners Policy)

overview

Simplified, Comprehensive Coverage for Eligible Businesses

A Business Owner’s Policy (BOP) combines key property and liability coverages into a single, streamlined insurance solution for eligible small and mid-sized businesses.

‍Hospitality Insurance Group offers a BOP designed for Main Street and hospitality-adjacent businesses, with flexible enhancement options and fast quoting tools to help agents place business efficiently.

for business owners

What Our BOP Covers

The Hospitality Insurance Group BOP provides comprehensive coverage for eligible businesses, combining foundational protections into one policy. Coverage may be enhanced through optional endorsements to better match individual risk profiles.

The BOP can be written for businesses with or without a liquor exposure. For businesses that sell or serve alcohol, a separate liquor liability application is required.

Excess liability coverage of up to $1 million may also be available in addition to the BOP, subject to underwriting guidelines.

for agents

Fast, Agent-Friendly Quoting

To help agents work more efficiently, Hospitality Insurance Group offers a BOP Quick Quote tool that provides a premium indication in under five minutes.

This tool allows agents to:

Quickly determine if a risk is within appetite

Gauge pricing without completing a full application

Seamlessly convert a Quick Quote into a full submission when appropriate

By reducing upfront paperwork, the Quick Quote tool helps eliminate guesswork and allows agents to focus on building relationships and growing their book of business.

overview

eligibility

Expanded Appetite: Mixed-Use Buildings

Hospitality Insurance Group has expanded BOP eligibility to include mixed-use buildings with habitational occupancies, provided the following criteria are met:

Residential occupancy does not exceed 40% of the total building

Habitational units have at least two means of egress

Hardwired and interconnected smoke detectors are installed

This expanded appetite creates new opportunities in urban and mixed-use environments where these property types are common.

Enhancement Options: Prime & Prime Deluxe

The BOP can be enhanced with one of two optional endorsement packages:

Prime

Prime Deluxe

These enhancement endorsements add additional coverage features beyond the base BOP, allowing agents to tailor protection based on client needs.

View BOP FAQs to learn more about coverage enhancements.

benefits & discounts

why us / get a quote

Why Choose a BOP from Hospitality Insurance Group?

Simplified, bundled coverage for eligible businesses

Flexible enhancement options

Fast premium indications with Quick Quote

Expanded appetite for mixed-use properties

Backed by hospitality-focused underwriting expertise

Get a Quote or Learn More

To learn more about the Business Owner’s Policy or to begin quoting, please contact your local independent insurance agent or reach out to Hospitality Insurance Group directly.

call

877-366-1140

(toll-free)

Availability & Eligibility

When is the BOP product available?

The Business Owner’s Policy (BOP) is currently available in Massachusetts, Connecticut, Rhode Island, New Hampshire, Pennsylvania, and North Carolina.

Will businesses that do not serve or sell alcohol qualify for the BOP?

Yes. Businesses with or without a liquor exposure may qualify for the BOP, subject to underwriting guidelines.

What classes of business are eligible for the BOP?

Eligible classes generally include:
- Restaurants (fast food to fine dining, with or without alcohol)
- Package and convenience stores (with or without gas)
- Commercial condominiums
- Lessor’s risk occupancies (LROs)
- Main Street retail businesses
Eligibility is subject to underwriting review.

What percentage of liquor sales is allowed under the BOP?

The BOP allows up to 50% liquor sales for qualified risks.
Businesses open after midnight or offering entertainment do not qualify.

Quoting & Issuance

Can agents quote BOP policies directly from their agency?

Yes. Agents can quote BOP policies through the agency portal, including associated liquor policies where applicable.

Is liquor liability coverage included in the BOP?

No. Liquor liability coverage is written as a stand-alone policy. If a business sells or serves alcohol, both a BOP application and a liquor liability application are required.

Billing, Audits & Renewals

Is the BOP auditable?

Yes. Policies rated on a sales basis are subject to sales verification at renewal.

Will new BOP policies require sales verification?

For new BOP policies rated on sales:
- If total sales exceed $1 million, recent 12-month sales verification is required
- If total sales are $1 million or less, no sales verification is required at inception
Sales verification will be requested at renewal.

Will the BOP and liquor policy be billed together?

Yes. All associated policies can be linked under one account bill.

Is EFT billing available?

Yes. The BOP offers the same EFT billing options currently available for other Hospitality Insurance Group products.

Do BOP policies automatically renew?

Policies do not automatically renew at this time. Renewal processing is handled through standard underwriting procedures.

Compensation

What is the commission on the BOP?

Agents earn 20% commission on both new business and renewals.

faqs

BOP