Rhode Island Business Owners Insurance Policy
Protect your business from fire, theft or other similar disasters
Insurance to Protect Rhode Island Business Owners
Business Owner’s Policy (BOP) clubs the benefits of property and liability coverage into one policy. Its popular among most small and medium-sized companies.
It covers liability claims arising out of business product, service or general operations.
It includes bodily harm or injuries for which the business can be held responsible.
Your employees are not covered under general liability policy.
It compensates for the financial losses incurred due to fire, storms, theft or similar disasters.
It includes building, critical equipment, tools, physical assets and the loss of income if your business goes out of business due to the loss or legal suit.
A Business Owner’s Policy is Right if
You have a business property to protect. The money is used for property repairs or replacement.
You own a startup or small business such as
- Offices and commercial buildings
If you are indecisive whether or not to purchase a Rhode Island business owners policy, we are here to help. From educating to shopping for the best policy, we will walk you through.
Extra Insurance Policy for Business Owners
You can contact us directly
There are additional coverages that you can add to your Business Owner’s Policy (BOP) and protect your business against specific risks. Popular optional coverages include
Data Breach Coverage
Data breach coverage can help you pay expenses following the data breach. It includes
- Notifying affected individuals
- Engaging credit monitoring services if warranted
- Public relations
This coverage is important if your business handles or stores private customer, patient or employee information. We also provide coverage when you store private data internationally.
Professional Liability Insurance
Professional liability insurance can help protect you from claims of negligent acts or errors in your professional services. However, some types of businesses may not be eligible for this coverage. This insurance is also known as errors and omissions coverage.
Workers’ Compensation Insurance
For businesses with employees, workers’ compensation insurance is important. This is typically purchased separately from a Business Owner’s Policy (BOP) and is mandatory in most states. The coverage amount you’ll need will depend on the number of employees in your business.
Workers’ comp insurance coverage helps pay an employee or employee’s family for medical costs in the event of a work-related:
Workers’ compensation insurance helps cover your employee’s income if they are out of work due to a covered illness or injury. This is just another option that you can add to your BOP Policy to protect you and your employees from the unexpected.
Commercial Auto Insurance
For businesses that use cars and trucks, commercial auto insurance is another important policy to consider. This policy helps protect your business from financial losses when an employee is found at fault for an auto accident.
Convenient Insurance for Business
We are committed to providing you and your employees the best coverage at the right price. We’ll take care of all of your commercial insurance needs.
A typical business insurance policy may include:
- Commercial Property
- Commercial Auto
- General Liability
- Workers Compensation
- Excess Liability (Umbrella)
- Professional Liability
- Business Income
- And More!
Many of these coverages can be combined into a BOP, or business owners insurance policy. A BOP offers a way to bundle many of your business coverages into one simple policy, making it the perfect solution for small businesses.
Specialized Coverage for Your Small Business
You deserve personalized attention from an insurance agent that cares about you, your business, and your community. We offer specific policies for many different types companies including:
- Auto Body and Auto Repair Garages
- Funeral Homes
- Beauty Salons
- Restaurants and Pizza Shops
- Retail Stores
- Professional Services
- Medical Offices
- Child and Adult Day cares
- Condominium Master Policies
- And More!
You know how to run your business and we know how to insure it. We give you plenty of options and the freedom to choose a business policy that is best for you. We pride ourselves on being an ally to business owners in our community. We support the “Buy Local” philosophy and even help drive business back to our commercial clients. Insure your small business with us and ask about how to become a Local Partner so we can send business back to you!
We understand how important it is to protect your investment. Whether you have a long established company or you’re starting a small commerce business, trust our experienced agents to find the best policy for your specific business.
Get peace of mind with comprehensive business insurance. Fill out our easy online quote form, give us a call 1 (401) 381-1350. We have a staff full of knowledgeable agents ready to work with you and your business.
WHY Brook Insurance Associates, LLC.?
You Trusted Choice® agency in Rhode Island
- Tailored Insurance Solutions
- Fair and Honest Advice
- Low Interest Rates
- 24/7 Support
Frequently Asked Questions
What kind of businesses need a business owners policy (BOP)?
Small to medium-sized businesses with commercial property should consider a BOP. It combines general liability and commercial property insurance. This combination gives you both liability protection – for things like accidents and lawsuits – and commercial property insurance, which covers your building and business personal property.
What does a business owners policy cover?
A business owners policy covers liability claims, like customer injury and property damage not owned by the business, along with protecting your commercial building and its contents.
What’s the difference between a business owners policy and general liability coverage?
A business owners policy combines general liability and property insurance into one easy to manage policy. General liability protects your business from third-party liability claims, including bodily injury, property damage and personal injury. There’s no need for an additional general liability insurance policy if you have a BOP. Schedule a consultation with one of us and get the most affordable car and auto insurance rates in Rhode Island.
How much does business insurance cost in Rhode Island?
Many factors play a role in calculating your business insurance cost, such as Profession Number of employees coverage Property Equipment Location Time in business And more