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Business Owner’s Policy (BOP)
A Business Owner’s Policy (BOP) is a bundled insurance solution that combines General Liability and Commercial Property coverages in one policy. For IT companies in California, it provides a cost-effective way to protect both your assets (equipment, servers, office) and shield your business from third-party claims. A well-designed BOP for an IT firm ensures that your tech operations, workspace, and data infrastructure are properly safeguarded.
Because BOPs often include business interruption, it helps your IT business survive downtime after a covered event—crucial for maintaining client trust and continuity. By choosing a tailored BOP, your company benefits from simplified administration, savings from bundled premiums, and more cohesive protection across multiple risk areas.
Many BOPs also allow endorsements or add-ons specific to technology firms—such as equipment breakdown, data loss, or limited cyber enhancements—so your IT company gets more relevant coverage without buying many standalone policies.
Why IT Companies Need a BOP in California
For tech firms in California, a BOP becomes especially valuable because you often carry substantial physical and digital assets: servers, workstations, networking hardware, office lease obligations, and client-facing infrastructure. A standalone general liability policy won’t protect those physical assets, but a BOP does.
Moreover, many commercial leases or office space agreements require tenants to maintain both liability and property coverage. With a BOP, your IT business meets these obligations seamlessly. In contracts with software clients or hardware deployment, clients often require proof of comprehensive insurance—using a BOP helps fulfill that.
Also, in California’s climate of regulatory scrutiny, technology companies are increasingly viewed as higher risk. A BOP tailored for IT firms signals to clients, investors, and partners that you take your liabilities and asset protection seriously—boosting your credibility in the tech ecosystem.
Integrating General Coverage, Limits & Best Practices for Tech Firmswith Other Policies
A typical BOP for a California IT company covers:
Commercial Property: your IT equipment, office furniture, computers, servers, networking gear, and leased improvements.
General Liability: bodily injury, property damage, personal & advertising injury, and legal defense costs.
Business Interruption / Income Loss: helps you recoup revenues and continue certain expenses if your business is forced to shut down due to a covered peril.
When selecting limits, many small to mid-sized IT firms start with $1 million per occurrence / $2 million aggregate for liability, and adequate property limits that reflect your hardware value. Always consider client contractual demands: some clients may demand $2M or $5M limits.
To keep your premiums manageable, implement tech-industry risk controls: fire suppression, surge protection, redundant backup, access controls, and regular audits. Also, use deductible strategies that match your company’s risk tolerance.
Empowering IT Businesses Across California
We provide reliable, customized insurance protection designed specifically for IT companies, software developers, and tech startups. Our goal is to safeguard your innovation, clients, and operations from everyday and cyber-related risks.
- Experienced Insurance Experts
- Licensed & Certified Advisors
- Proven Client Satisfaction
Find Your Question
Find quick answers to the most common questions about our insurance plans, coverage options, and support services.
A BOP bundles general liability and property insurance into one cost-effective policy, tailored to protect your IT business’s physical assets and third-party liability risks.
Yes—commercial property coverage in a BOP protects owned or leased IT equipment, furniture, and other business personal property from hazards like fire, theft, or damage.
Yes—BOPs include general liability coverage to defend against third-party claims of bodily injury, property damage, or advertising injury arising from your tech operations.
Most BOPs include business interruption or income loss coverage, helping your IT firm recover lost revenue and fixed costs when a covered event forces you to suspend operations.
Often yes—some insurers offer endorsements or add-ons to BOPs that incorporate limited cyber, data breach, or equipment breakdown protection for tech businesses.
Many IT firms begin with $1 million / $2 million liability limits and property limits based on the value of their hardware and infrastructure. Client contracts or office lease agreements may require higher limits.
