Business Owner's Policy

Your business is your livelihood and likely one of the most important components in your life.  We will work to help you protect your business to help ensure that you are protected from the risks that insurance can protect you from.  Our team works to craft a solution that fits your risk profile and needs.

You know you need excellent coverage. You don’t, however, have time to become an expert in business insurance. That’s where Tague Alliance Insurance can help.

Business Owner's Policy (BOP) insurance is a package policy that combines general liability insurance and property insurance, and it is designed to meet the needs of small and medium-sized businesses. Here are some of the best ways a business can save money on BOP insurance in California:
  1. Evaluate Your Coverage Needs: Assessing your business's coverage needs can help you determine the amount of insurance you need, and avoid over-insuring or under-insuring. Some businesses may not need certain coverage types that are included in standard BOP policies, so it's important to understand what's necessary and what's not.

  2. Improve Your Business's Safety Record: Implementing safety measures and providing safety training to employees can help reduce the risk of accidents and injuries, which can in turn reduce insurance claims and premiums.

  3. Review Your Deductible: Raising your deductible can lower your premium costs, but it's important to ensure that the business has the financial resources to cover the deductible if needed.

  4. Bundle Your Policies: Some insurance companies offer discounts to businesses that bundle multiple insurance policies, such as BOP insurance, workers' compensation insurance, and commercial auto insurance.

  5. Consider Paying Annually: Paying for your BOP insurance policy annually instead of monthly can sometimes result in a discount.

  6. Shop Around: Comparing rates from multiple insurance providers can help businesses find the best coverage and rates for their specific needs. It's important to consider the coverage, limits, and exclusions offered by different policies before making a decision.

  7. Work with an Experienced Broker: Working with an experienced insurance broker who specializes in BOP insurance can help businesses find the best rates and coverage options for their specific needs. A broker can also help businesses understand what's included in their policy and what additional coverage may be necessary.

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