W.E. Davis Insurance can help keep you open when losses happen.
You’ve worked hard to build your business, and you should protect it with a great commercial insurance policy. W.E. Davis offers Business Owners Policies (“BOP”) that combine the property and liability coverage you need with a competitive price you can afford. Call or email us for an evaluation or just to have some questions answered. The BOP is designed to cover just about any small business.
Unlike the Commercial Package Policy, a BOP is more like a homeowner policy for small business. It includes lots of extra coverages automatically and can be written at a very affordable price. The downside is that there are not as many endorsements available that can tailor the coverage in situations where your business warrants it.
Business Owner programs cover your business in a variety of ways. Here are some of the features:
- “Special Cause of Loss Coverage” on your building and contents. That means the policy insures risks of direct physical loss to covered property … except for the exclusions.
- Business Income and Extra Expense Protection for your actual loss when your business is interrupted due to a covered claim for up to 12 months.
- Theft of Money Coverage up to $10,000 on premises and $2,500 off premises.
- Employee Dishonesty Protection up to $10,000.
- Valuable Papers Coverage up to $25,000.
- Loss of your Computer System up to a total of $10,000.
- Peak Season Coverage AUTOMATICALLY increases your contents coverage up to an additional 25% during peak sales periods.
- Business Liability Coverage of $500,000 or $1,000,000 per occurrence.
Additional Optional Coverage
Professional Liability Coverage is available as an enhancement to the BOP for various classes of business.
Umbrella Liability Coverage can be easily added to your BOP. An umbrella covers unforeseen catastrophic losses. In today’s legal environment, having an umbrella policy makes good business sense.
Equipment Breakdown coverage protects you against situations like explosion and accidental mechanical breakdown of mechanical systems including air conditioning units.
Your coverage can also be extended to include: Water backup of sewers or drains (flood protection is available for offices), Employee Benefit Liability, and earthquake protection for your building and contents.
The W.E. Davis Agency offers BOPs through many reputable companies and would love to discuss all of your business insurance needs today. Give us a call or email so we can get you started!