As a business owner, you may seek to minimize risks. Insurance is one area that can help. PolicySweet® offers a consolidated package that includes multiple types of insurance coverages in one comprehensive plan: a Business Owners Policy (BOP).
Companies in Delaware can receive coverage for general liability, business property, and cyber-risk, helping to protect their business from financial loss.
PolicySweet's Business Owners Policy
A Business Owners Policy (BOP) can be a great option for business owners as it can provide coverage in three key areas: liability, property, and cyber-risk. Without a BOP, separate policies might need to be obtained individually. A BOP consolidates these coverages into a single plan, helping to simplify the purchasing process.
General Liability
General liability insurance, also known as business or commercial general liability insurance, can be essential for businesses. It can help protect against third-party bodily injuries and property damage occurring during business operations. If you are found liable, it can cover damages and related fees.
However, this insurance may only cover your business, not your employees. For employee protection, you might want to consider Workers’ Compensation insurance, which is typically required by law in Delaware.
Business Property
Loss of equipment, company items, and electronics can disrupt business operations and cause significant financial losses. Business property insurance offers protection for these assets by helping to cover physical items that are damaged, stolen, or lost. This type of coverage can provide financial support for restoration in the event of fire, robbery, or accidents. Additionally, it can cover repairs and replacements, including for rented equipment.
Cyber-Risk
Given that most businesses maintain a digital presence, it can be essential to have protection against cyber incidents. Data breaches can have significant financial repercussions, making it critical to secure robust cyber protection for your business.
Our Business Owners Policy (BOP) includes cyber-risk insurance, which can cover expenses related to customer notifications and investigations. This coverage can provide assurance that your business can be well-protected against technology-related risks.
The Importance of BOP Coverage
Getting insured is a way to help protect you and your business from significant losses. Legal actions for injuries and property damage, as well as cyber-attacks, can cause financial loss. With a comprehensive protection plan like a BOP, you can safeguard your financial stability and be prepared for various scenarios.
Having insurance coverage might enhance your professional image too, suggesting to clients that you manage your business responsibly. It can indicate readiness to handle risks and consideration for clients' interests.
Having an insurance plan like a BOP can allow you to rest easy. During events such as theft, natural disasters, and accidents, you can focus on rebuilding without excessive worry about the financial impact on your business.
Select PolicySweet for Your Delaware Business Insurance Needs
Choosing among Delaware’s many insurance providers can be daunting. Here are some reasons to consider PolicySweet®.
Simple Process
We have created a straightforward three-step process to help assist you in obtaining coverage. Through this process, you can request a free quote today and receive insurance by the next business day.
Tailored Coverage
Our services extend beyond Business Owners Policies (BOP). We offer a range of insurance plans tailored to meet your specific needs. Should you require a particular type of coverage, please do not hesitate to contact us for assistance.
Exceptional Customer Service
PolicySweet has a team available to help assist you. Our representatives can provide information about our BOP, helping you make more informed decisions for your business.
Industries We Work With
A Business Owners Policy (BOP) can apply to various industries. Some of the sectors we have experience with include:
- Contractors, such as carpenters, HVAC technicians, and plumbers
- Food services, including restaurants, coffee shops, and fast-food establishments
- Offices, including accounting firms, mortgage brokers, and real estate firms
- Personal care services, such as salons and tailors
Check out the full list of businesses we cover. If your industry or business type is not listed, please contact one of our representatives. We may still be able to assist in helping to protect your business.
Help Protect Your Business Today!
Help reduce financial loss from risks like cyber-attacks, liability claims, and property damage with business insurance coverage. Our BOP offers general liability, business property, and cyber-risk in one policy. Contact us now for a quote.