Business Owners Policy in New York

A Business Owners Policy (BOP) combines property, liability, and business interruption coverage for small to medium-sized businesses. With all of this coverage in one package, you don’t need to look at individual policies. In addition, this packaged coverage is generally less expensive than purchasing coverage separately, so there is nothing to lose. With a BOP, you have the ability to customize the policy to meet your individual business needs. Every business is different, and a blanket policy that covers all aspects of business isn’t a good solution unless it can be tweaked and adjusted. We can help you do that.

Perhaps you need general liability coverage that includes operations, or you need to add commercial property insurance. Whether you are a home-based business, small service provider or contractor, the Genesee Valley Agency will work with you to find the right combination of business insurance coverage to meet your specific needs. We understand that your business is unique and that it has unique needs and circumstances, and we will work closely with your team to understand all of the details. From there, we can help you choose or recommend some of the best available policies. It’s important to us that you find a policy that covers all of your risks, and we won’t stop until we’ve found it!

Supplemental Coverage Available

In addition to the normal property damage, peril, business interruption, and liability coverage that a BOP offers, there are also supplemental offerings that you can add on to your policy. These additions cover extra scenarios that some businesses experience as additional risks and can be helpful if you want more coverage. Some of these additional offerings are:

• Extended liability for additional insureds.
• Debris removal, personal property.
• Tools and equipment.
• Valuable records protection and accounts receivable.

If you are unsure if you need any of these additions, talk to a representative at the Genesee Valley Agency about your business. We have experience working with businesses of all shapes and sizes, and we know what does and doesn’t work for different owners. You want to get the right amount of coverage for your business, but you don’t want to pay too much for features that you will never use, so contact us today for assistance in designing your package.

In addition to advising you on the right coverage, we provide additional services, such as:

• Loss Prevention Programs – with our insurance company partners, we can evaluate your business’s current conditions and recommend ways to lower property, auto, workers compensation or liability losses. We can work closely with your team to do an inspection and report the results back to you with actionable suggestions. If there are risks that we find with your business, it only makes sense to eliminate them. Lower losses will not only lower your insurance costs but also increase your productivity by avoiding downtime. Our loss prevention programs can improve your operations and keep you productive.
• Quick Claim Response – when you do have a claim and need fast and fair service, we work with you to make that happen. We understand the importance of speed when it comes to making claims, and we prioritize all requests. We do everything in our power to get your claim processed as quickly as possible, and our partners share the same values as us. That’s why we only represent companies with excellent records for settling claims fairly and promptly. We are reliable and consistent in providing results to our customers, so let us know if there is anything we can do for you.
• Competitive Rates – many of the insurance companies we represent specialize in insuring specific types of businesses or industries, offering special coverage and pricing. If your company falls into a specific niche or industry, get in touch with a representative at the Genesee Valley Agency and we can find out if we can get a special rate for you. There’s no use paying more than you have to, and we have the resources necessary to get you affordable and accessible deals on your insurance.

At the Genesee Valley Agency, we want to provide the maximum value possible for our services. This is why we not only offer the basic customizable BOP packages, but we also offer supplemental features and even additional company services. We are highly invested in our customers’ success, and we want to provide you with flexible options to keep your business safe in its toughest times. It can be expensive to rebuild a company after a potential disaster, but with our offerings, it can be manageable and even easy to bounce back.

Get In Touch For More Information About Business Owner’s Insurance

For more information about business owner’s insurance, contact our team at the Genesee Valley Agency. You’ve invested so much time and money into your business that you should invest just that little bit extra to protect your assets. Insurance is something that everyone needs for their investments, and your business is no different. By getting in touch with our team, we can walk you through all of the available options for your business and customize a solution that fits your specific needs and circumstances. Don’t get sucked into a cheap plan that doesn’t protect you from your largest risks, but don’t fall victim to the expensive plan if it offers extra features that you don’t need. At the Genesee Valley Agency, we will find the solution that is just right for your business. Get in touch with us today to get started!