This page provides comprehensive information about the top 10 Business Owners Policy (BOP) insurance providers in the USA. If you’re running a small or mid-sized business, you already know how unpredictable things can be — a fire, lawsuit, or theft could set you back overnight. That’s where a Business Owners Policy comes in. It wraps property, liability, and business interruption coverage into one affordable package, saving you time, money, and stress.
Let’s walk through what a BOP covers, why you might need one, and which providers lead the U.S. market in 2025.
What Is a Business Owners Policy (BOP)
A Business Owners Policy is an all-in-one insurance bundle tailored for small to mid-sized businesses — usually those with under 100 employees and less than $5 million in annual revenue.
It combines three essential protections:
Business Interruption: Helps replace lost income if operations stop after a covered event.
Property Insurance: Covers your building, equipment, and inventory from damage or theft.
General Liability: Protects you if someone gets hurt or their property is damaged because of your business.
You can also add extras like cyber liability, employee theft, or equipment breakdown coverage — depending on your industry risks. In this guide, we’ll walk through the top 10 BOP insurance providers in the USA for 2025, compare what they offer, and help you decide which one fits your business best.
Why We Should Care About BOP Insurance
Running a business is already complicated — juggling multiple insurance policies shouldn’t be. A BOP makes it easier by combining your major coverages under one policy.
Here’s what makes it worth considering:
- It’s cheaper than buying separate policies.
- You get streamlined claims handling — one contact for multiple coverages.
- It’s customizable — you can tailor it with endorsements that match your operations.
In short, a BOP helps you stay protected without drowning in paperwork or unexpected costs.
Who Needs a BOP?
If you’re a retailer, restaurant owner, consultant, or office-based entrepreneur, a BOP likely fits your business. It’s especially useful if you:
- Own or rent business property.
- Have customer foot traffic.
- Use equipment or inventory vital to your operations.
High-risk industries like manufacturing might not qualify — they’ll need specialized coverage instead.
What’s Not Covered
Even though a BOP is comprehensive, it doesn’t cover everything. You’ll still need separate policies for:
- Workers’ compensation
- Professional liability (E&O)
- Commercial auto insurance
- Employee health or disability benefits
Think of your BOP as the foundation — you can build on it with extra layers as your business grows.
Top 10 BOP Insurance Providers in the USA (2025)
Here’s our lineup of the best Business Owners Policy providers, based on affordability, coverage strength, customer satisfaction, and financial stability.
| Rank | Provider | Avg. Monthly Cost | A.M. Best Rating | Best For |
|---|---|---|---|---|
| 1 | The Hartford | $115–$141 | A+ | Overall value |
| 2 | NEXT Insurance | $154 | A | Digital-first businesses |
| 3 | Nationwide | $146 | A+ | Retail & restaurants |
| 4 | Liberty Mutual | $130–$160 | A | Construction & food service |
| 5 | Chubb | $180–$220 | A++ | Professional services |
| 6 | Acuity | $120 | A+ | Auto repair & contracting |
| 7 | Travelers | $150 | A++ | Healthcare & retail |
| 8 | CNA | $140–$170 | A | Brick-and-mortar stores |
| 9 | BiBerk (Berkshire Hathaway) | $135 | A++ | High-liability industries |
| 10 | Hiscox | $160 | A | Freelancers & consultants |
1. The Hartford – Best Overall Choice
If you’re looking for reliability, The Hartford tops most lists. Established in 1810, it’s known for its broad coverage, strong financial stability, and affordable pricing.
Highlights:
- General liability up to $3 million per occurrence
- Property coverage for buildings and contents
- Optional add-ons: cyber liability, employment practices, and workers’ comp bundling
Why I like it: The Hartford keeps things simple for small businesses — affordable rates (around $115/month) and excellent claim support.
2. NEXT Insurance – Best Digital Experience
If you prefer managing everything online, NEXT Insurance might be your best friend. It’s a digital-first insurer where you can get a quote, buy coverage, and access certificates in minutes.
Key Features:
- Instant digital certificates
- Liability up to $2M
- Property, equipment breakdown, and legal defense
Pros: User-friendly interface, quick claims, and strong customer satisfaction (4.8/5 rating).
Best for: Consultants, creatives, and tech-based entrepreneurs.
3. Nationwide – Best for Broad Coverage
Nationwide stands out for its wide range of industry-specific add-ons — perfect if your operations involve unique risks.
Included Protections:
- Property, liability, and business income
- Equipment breakdown and inland marine
- Options for errors & omissions or key-person coverage
Why it works: It balances affordability (around $146/month) with flexibility for retail and restaurant owners.
4. Liberty Mutual – Best for Mid-Sized Businesses
When you want a policy that grows with you, Liberty Mutual delivers. It focuses on agent-guided policies with hundreds of customization options.
What You Get:
- Property damage, liability, and interruption coverage
- 300+ optional riders (like flood or cyber)
- Inflation guard for property
Why choose it: If you run a construction or food business and prefer working with a local agent, this one’s for you.
5. Chubb – Best for High-Value Assets
Chubb is known globally for insuring higher-end businesses. It’s pricier, but you get premium protection and high coverage limits (over $5M).
Coverage Highlights:
- Blanket property coverage
- Flood and earthquake add-ons
- Professional liability and data recovery
Perfect for: Professional services, creative industries, or businesses with expensive assets.
6. Travelers – Best for Customization
With Travelers, customization is the key. Its BOP options fit a variety of industries, from healthcare to photography.
Key Perks:
- Cyber and employment practices coverage
- High limits (up to $4M)
- Risk management tools for small business owners
It’s ideal if you like to tweak your policy for specialized needs.
7. CNA – Best for Low Complaint Ratio
CNA earns praise for customer satisfaction and wide coverage. Its “CNA Connect” product fits over 600 business types.
Coverage Snapshot:
- Inflation guard and ordinance protection
- 300+ optional endorsements
- Strong track record for quick claims
If you prefer reliability and a strong reputation over flashy online tools, CNA is a great pick.
8. BiBerk (Berkshire Hathaway) – Best for High Coverage Limits
BiBerk, backed by Berkshire Hathaway, provides some of the highest limits available — up to $6 million. It’s ideal for business owners needing strong liability protection.
Advantages:
- Online quotes and claims
- Property, liability, and business interruption
- Option to bundle workers’ comp
It’s a solid choice for growing companies wanting maximum coverage at a reasonable price.
9. Hiscox – Best for Freelancers and Consultants
Hiscox focuses on small professional and creative businesses. If you’re a consultant, designer, or nonprofit, you’ll love the flexibility.
Highlights:
- Liability up to $2M
- Cyber and property options
- Pay-as-you-go flexibility for slow seasons
It’s affordable, straightforward, and designed for the self-employed.
10. Farmers Insurance – Best for Retail and Food Services
If you own a retail store or restaurant, Farmers Insurance has BOP solutions tailored for your operations. It includes protections that directly address industry risks.
Coverage Includes:
- Spoilage and equipment breakdown
- Property and business interruption
- Custom plans for service-based businesses
Farmers combines solid financial backing with a strong agent network — ideal if you want personalized guidance.
How You Can Choose the Right BOP Provider
When I help business owners evaluate policies, I suggest focusing on these points:
- Know your risks: A restaurant faces different exposures than a web designer.
- Compare 3–5 quotes: Online tools make this easy.
- Look for financial strength: Stick with A or A+ rated insurers.
- Ask about discounts: Bundling policies can save you up to 20%.
Taking the time to assess these factors ensures you don’t overpay or end up underinsured.
Conclusion
Choosing a Business Owners Policy isn’t just a formality — it’s part of your growth strategy. Whether you value digital ease (NEXT), hands-on support (Liberty Mutual), or maximum protection (Chubb), there’s a perfect fit out there.
At the end of the day, the best BOP helps you protect what matters most — your people, your assets, and your peace of mind. Take time to compare options, and you’ll make a choice your future self will thank you for.
Leave a Reply