When shopping for business insurance, many small business owners get confused between a standard General Liability (GL) policy and a Business Owner’s Policy (BOP). Here is what you need to know: General Liability Insurance: Primarily protects your business against certain third-party liability claims. Business Owner's Policy (BOP): Typically combines multiple coverages into one policy, which may include: ✓ General Liability ✓ Business Property ✓ Business Income *Note: Actual

Many small business owners assume that once they purchase General Liability (GL) insurance, their company is fully protected against any loss. While General Liability is an essential foundation, it mainly covers third-party risks: ✓ Third-party bodily injury ✓ Third-party property damage ✓ Personal & advertising injury However, other critical risks require separate coverage: Business property → Commercial Property Employee injuries → Workers' Compensation Professional mist