BOP

Can an agent add two LLCs owned by the same person, one a lessee and the other a lessor, to the same policy to include coverage for loss of rental income?

Several of an agency’s clients suffered damage as a result of the recent riots. However, they were already closed as a result of state-wide COVID-19 closures. How will the business income policy respond?

The coverage enhancements reflect the ever-changing needs of small business customers and includes green upgrade coverage, perishable goods in transit and enhanced cyber-related coverage for data breach fines and penalties.

Chubb’s Marketplace provides comprehensive, tailored small commercial insurance solutions including Chubb BOP, umbrella, workers compensation, commercial auto, management and professional liability, and more.

UFG’s new series of business owners policies and proprietary insurance products addresses the needs of small business owners, while also offering independent agents a streamlined quoting process and personalized service.

The average small business owner used to be able to get away with a fairly traditional business owners policy. Thanks to the gig economy, that’s no longer the case.

When offering BOPs to commercial clients, independent agent Chris Laniauskas says it’s crucial “to be able to ask the right questions to ascertain whether a BOP will fit them or not, as well as identify other coverages they may need that a BOP may not pro

Many small business owners—especially young entrepreneurs—are starting to seek out only the most convenient, cheapest insurance solutions via online-only platforms. Are these types of prospects worth your time?

It’s an uncertain time for your small commercial clients as important issues like health care and tax reform continue to be shifting targets.

Since starting an independent agency with his wife about a decade ago, Shane Page says small businesses and the owners who run them are the “building blocks” of the business.