Business Owners Policy

A business owner’s policy, or BOP, is one of the fundamental policies that offers basic coverage that all businesses need. It’s a bundle of business coverages that are sold at a deeply discounted price in order to make it possible for business owners to purchase more easily. While it does offer a robust, suite of insurance coverages, this policy is a foundational policy and not one that will serve every possible need your business will have.

Johl & Company wants to help you get your business insurance needs off to a good start and we’ll work with you to arrange a business owner’s policy that meets a variety of needs for your business. Then we’ll work to help you identify specific additional needs your business may have outside of those covered by the BOP.

What Types of Businesses Need a BOP?

All businesses need a BOP. It is the most basic type of insurance for businesses and offers a limited amount of coverage for many of the essential insurance coverage types businesses need.

Since Johl & Company is an independent insurance agency, we can tailor your BOP to your specific profession. For instance, we can offer a business owners’ policy designed specifically for restaurants, manufacturing businesses, offices, retail stores, accounting firms, and many other businesses that may have unique needs for insurance coverage.

The short answer is that your business needs a BOP – whatever industry or field you’re in. If you own a business in today’s economic climate,  you can’t afford to miss out on the standard coverages a BOP provides.

What does a BOP Cover?

There is a great deal of variation from one business owners’ policy to the next, though there are some general types of coverage that are fairly universal. These are the primary types of coverage that are fairly consistent from one policy to the next.

  • Business Property Insurance
  • General Business Liability Insurance
  • Business Personal Property Insurance
  • Business Interruption Insurance

It’s also important to understand that there are plenty of insurance coverage types that are not covered by a business owners’ policy. Things like workers’ compensation insurance, business auto insurance, professional liability or errors and omissions coverage, and cyber liability coverage, for instance, are excluded from this coverage despite the fact that most businesses need them.

Johl & Company will help you identify your needs for your business owners’ policy as well as areas where you may wish to purchase additional coverage, such as umbrella liability coverage, for added protection.

Why Call On Johl & Company for Your BOP?

Johl & Company has a long history of service to the New Jersey community. We’ve served our friends and neighbors since 1963 and look forward to many more years of service ahead. During that time, we’ve developed many loyal and satisfied customers who have left favorable reviews and feedback.

Our goal is to add you to that number. We believe we’ll do that as a result of our prompt and personal service when purchasing insurance as well as our efforts to ensure that you’re treated fairly when claims are made.

We are an independent agency with access to a wider range of insurance options than the average company agent. This allows us to build packages that are customized to the unique needs of your business and the risks your business faces rather than trying to work you into some sort of “one size fits all” policy.

Call Johl & Company at 877-774-7382 today to learn more about our business owners’ policy and to get a free rate quote designed specifically for your business. We are happy to answer any questions you may have in order to make sure you’re getting the policy you need at a cost that’s right for you.

Talk to Us! Let us know how we can help

Contact us today for a free quote for both personal and business coverage.

What Our Clients Say

  • reviews

    I would like to start by saying my experience with your agency has been amazing. I have been a customer for a few years. When I first stepped foot in your office I was close to loosing my car insurance coverage with my old provider, some places were turning me away and I was receiving high quotes from other companies. Your agency was the only one that took their time with explaining my options and providing the best insurance coverage that suits my needs. Your knowledge in this field helped to educate me with my decisions.

    – Yadira B, Garfield, NJ

  • reviews

    Just a few words of appreciation. The Kozma/Johl Insurance agency have insured my home and automobiles etc. for the past fifty years, during this period I had a few problems which were resolved without incident. The agencies associates were very professional in resolving these claims and I was more than satisfied with the results.
    Furthermore I will recommend the agencies services to my family and friends without reservation. Once again thank you

    – Carl H., Elmwood Pk, NJ

  • reviews

    Two years ago, I needed insurance for my newly purchased condo. When I reached out to my good friend Drew Stolz for advice, he not only assisted but was also able to get me car insurance, bundled with the condo policy for a cheaper price! He immediately found an affordable plan and explained all the details in ways I could understand. Every year on the annual date, he looks to find the best coverage plan and also one that is the most affordable. I am so grateful for Drew’s assistance.

    – Kim L., Granby, CT

  • reviews

    I have been a customer of Johl & Co for many years, both for my business and personal insurance. Over the entire time, I have been treated with best in class service along with competitive rates. Everyone at Johl that I have dealt with over the years has always been able to address any question, claim or concern in the most prompt professional manner. I would strongly recommend Johl & Co. to anyone for all their insurance needs.

    – Bob K., Englewood Cliffs

  • reviews

    As far as the John Johl Company, I have been a customer for I want to say like 22 plus years. I have been more than satisfied not only with the coverage , but with the service as well. You are there when I need you and you take the extra step to ensure the best coverage and the best options for Kathy & my peace of mind.
    Geiko , Progressive who ??? I Always refer you…..

    – Mark N., Lyndhurst, NJ