{"id":88,"date":"2023-12-21T04:00:00","date_gmt":"2023-12-21T10:00:00","guid":{"rendered":"https:\/\/www.fuquains.com\/blog\/?p=88"},"modified":"2024-01-01T00:36:28","modified_gmt":"2024-01-01T06:36:28","slug":"why-a-business-owners-policy-should-form-the-foundation-of-your-commercial-insurance","status":"publish","type":"post","link":"https:\/\/www.fuquains.com\/blog\/why-a-business-owners-policy-should-form-the-foundation-of-your-commercial-insurance\/","title":{"rendered":"Why a Business Owners Policy Should Form the Foundation of Your Commercial Insurance"},"content":{"rendered":"<p>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&#8217; policy (BOP) provides the ideal foundation for a commercial insurance policy package.<\/p>\n<h2>BOPs Provide More Protection for Less Money<\/h2>\n<p>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:<\/p>\n<ul>\n<li>Perils coverage, which pays for repairs caused by an event named in the policy, such as fire or tornado,<\/li>\n<li>Property damage coverage, which pays for damages to the furnishings or other contents of the building,<\/li>\n<li>Liability insurance to pay for settlements when the business&rsquo;s negligence causes an accident or injury,<\/li>\n<li>Business interruption insurance, which pays for interruptions to regular business operations caused by a peril named in the policy.<\/li>\n<\/ul>\n<p>Although the bundle sells as a preformatted package, the business can add to it, creating a customized policy package that suits the business perfectly.<\/p>\n<h3>Qualifying for a BOP<\/h3>\n<p>Not every company can purchase a business owner&#8217;s policy. Insurers place restrictions on who can purchase them, using criteria based on:<\/p>\n<ul>\n<li>Annual revenue<\/li>\n<li>Business location<\/li>\n<li>Number of employees<\/li>\n<li>Class of the business<\/li>\n<\/ul>\n<p>Although each insurer&rsquo;s qualifications vary slightly, the business must employ less than 100 people and generate less than $1 million in annual revenue.<\/p>\n<h3>Contact Us Today<\/h3>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217; 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11,10],"class_list":["post-88","post","type-post","status-publish","format-standard","hentry","category-commercial-insurance","tag-fuqua-insurance-agency","tag-tallahassee-fl"],"_links":{"self":[{"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/posts\/88","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/comments?post=88"}],"version-history":[{"count":1,"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/posts\/88\/revisions"}],"predecessor-version":[{"id":89,"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/posts\/88\/revisions\/89"}],"wp:attachment":[{"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/media?parent=88"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/categories?post=88"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fuquains.com\/blog\/wp-json\/wp\/v2\/tags?post=88"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}