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Fuqua Insurance Agency

1836 Hermitage Blvd, Suite 100
Tallahassee, FL 32308

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Why a Business Owners Policy Should Form the Foundation of Your Commercial Insurance

Fuqua Insurance Agency offers Tallahassee, FL business owners the commercial insurance they need to protect their financial investments. For small- and medium-sized businesses, a business owners’ policy (BOP) provides the ideal foundation for a commercial insurance policy package.

BOPs Provide More Protection for Less Money

BOPs provide a policy bundle of four common commercial policy coverages that small and medium-sized businesses need at a lower premium than purchasing them separately. A BOP includes:

  • Perils coverage, which pays for repairs caused by an event named in the policy, such as fire or tornado,
  • Property damage coverage, which pays for damages to the furnishings or other contents of the building,
  • Liability insurance to pay for settlements when the business’s negligence causes an accident or injury,
  • Business interruption insurance, which pays for interruptions to regular business operations caused by a peril named in the policy.

Although the bundle sells as a preformatted package, the business can add to it, creating a customized policy package that suits the business perfectly.

Qualifying for a BOP

Not every company can purchase a business owner’s policy. Insurers place restrictions on who can purchase them, using criteria based on:

  • Annual revenue
  • Business location
  • Number of employees
  • Class of the business

Although each insurer’s qualifications vary slightly, the business must employ less than 100 people and generate less than $1 million in annual revenue.

Contact Us Today

Protect your Tallahassee, FL, business with a BOP from Fuqua Insurance Agency. Contact us today to apply for this money-saving policy package and talk with an insurance agent about the insurance coverage your business needs to add to it.

Our Partners

  • Bristol West
  • Foremost
  • Heritage
  • Mercury
  • People's Trust
  • Progressive
  • Safeco
  • United P&C