{"id":1498,"date":"2020-11-26T10:00:00","date_gmt":"2020-11-26T10:00:00","guid":{"rendered":"http:\/\/itcblog.zywaveinternal.wpengine.com\/itc-syndicate\/\/\/\/bops-can-protect-your-company-assets-and-save-you-money\/"},"modified":"2020-11-26T10:00:00","modified_gmt":"2020-11-26T10:00:00","slug":"bops-can-protect-your-company-assets-and-save-you-money","status":"publish","type":"post","link":"https:\/\/www.ayalainsurance.com\/es\/blog\/bops-can-protect-your-company-assets-and-save-you-money\/","title":{"rendered":"BOPs Can Protect Your Company Assets and Save You Money"},"content":{"rendered":"<p>        <span id=\"litH1\" style=\"text-align: left;font-family: Helvetica, Arial, sans-serif, 'Ubuntu';font-size: 20px;color: #363636;line-height: 24px;font-weight: 600\">BOPs Can Protect Your Company Assets and Save You Money <\/span><\/p>\n<p>        <span id=\"litContent\" style=\"text-align: left;font-family: Helvetica, Arial, sans-serif, 'Ubuntu';font-size: 14px;color: #808080;line-height: 24px;font-weight: 400\"><\/p>\n<p>By buying business insurance, you take a big step to secure your finances and create a strong risk management strategy. After all, you never know when a single incident like a fire or break-in could devastate your business and cost you a fortune.<\/p>\n<p>One of the simplest ways to put together a strong business insurance portfolio is to start your coverage with a business owners policy, better known as a BOP. It\u2019s a great way to not only get strong coverage, but also to save money on your benefits. Consider just a few of the extensive property benefits that a BOP can provide with just a few simple steps.<\/p>\n<p><strong>Why BOPs are Customizable<\/strong><\/p>\n<p>BOPs generally offer several standard types of commercial insurance in one place. These are:\n<\/p>\n<ul>\n<li>Property insurance to cover your company\u2019s owned assets, including equipment and inventory.<\/li>\n<li>Liability coverage that pays for third-party injuries or property damage that are your fault.<\/li>\n<li>Business interruption insurance that will offer you coverage for lost income or overhead costs that continue to burden you even if you have to temporarily halt your work.<\/li>\n<\/ul>\n<p>However, just because BOPs will offer you standardized coverage, that doesn\u2019t mean they are not customizable. This is a particularly good benefit when it comes to your company property. After all, no two businesses are alike. That\u2019s why the belongings you seek to insure are going to vary considerably, and you\u2019ll want your BOP to be able to address them.<\/p>\n<p><strong>Within your BOP\u2019s property insurance, you might be able to insure:<\/strong><\/p>\n<li>Your inventory and the materials used to make products if you manufacture them on-site.<\/li>\n<li>Marketing materials.<\/li>\n<li>Company equipment. These items might be anything that you use to manufacture products.<\/li>\n<li>Furnishings such as shelving or storage cabinets, break-room appliances, chairs, desks or decorative items.<\/li>\n<li>Electronic items such as computers, printers, company mobile devices or tablets.<\/li>\n<li>Signage (both indoors and outdoors)<\/li>\n<p>Of course, if you own the buildings that house your business, then your BOP can also insure the structure of the property itself. However, if you rent the property, then you usually don\u2019t have any obligation to by coverage.<\/p>\n<p>However, it is important to remember that all BOPs will include exclusions and limits to what they will pay for certain losses. For example, your policy won\u2019t pay for normal wear &amp; tear, nor will it cover any damage that costs less than the deductible on your coverage. Another common exclusion is a limitation on what your policy will pay for outdoor signage.<\/p>\n<p>Still, you can work with your independent insurance agent to determine exactly how to tailor your BOP\u2019s property coverage to your benefit. There are various coverage endorsements available which might be precisely the benefits you need for your company assets.<\/p>\n<p><\/span><\/p>\n<div id=\"pnlSource\" style=\"margin-top: 20px\">\n<table border=\"0\" cellpadding=\"0\" cellspacing=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td width=\"auto\" align=\"center\" height=\"40\" bgcolor=\"#d52728\" style=\"padding-left: 20px;padding-right: 20px;font-family: Helvetica, Arial, sans-serif, 'Ubuntu';color: #ffffff;font-weight: 400\">\n\t\t\t<a href=\"#\" style=\"color: #ffffff;font-size: 16px;text-decoration: none;line-height: 34px;width: 100%\">SOURCE<\/a><\/p>\n<\/td>\n<td width=\"10px\"><\/td>\n<td width=\"auto\" align=\"center\" height=\"40\" bgcolor=\"#999999\" style=\"padding-left: 20px;padding-right: 20px;font-family: Helvetica, Arial, sans-serif, 'Ubuntu';color: #ffffff;font-weight: 400\">\n      <a id=\"lnkSource\" style=\"color: #ffffff;font-size: 16px;text-decoration: none;line-height: 34px;width: 100%\">INSURANCE TECHNOLOGIES CORPORATION<\/a>\n\t\t<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BOPs Can Protect Your Company Assets and Save You Money By buying business insurance, you take a big step to [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":null,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_analytify_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1498","post","type-post","status-publish","format-standard","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/posts\/1498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/comments?post=1498"}],"version-history":[{"count":0,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/posts\/1498\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/media?parent=1498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/categories?post=1498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ayalainsurance.com\/es\/wp-json\/wp\/v2\/tags?post=1498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}