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  2. A comprehensive guide to small business insurance: Here’s how ...

    www.aol.com/finance/comprehensive-guide-small...

    A BOP is actually an insurance package that combines several forms of coverage together, making it a simple option for small business owners. BOPs usually include general liability, property ...

  3. Types of business insurance - AOL

    www.aol.com/finance/types-business-insurance...

    Home-based business insurance. Pays for property repairs, business equipment replacement and some liability claims if you run your business out of your house. Business income insurance. Pays for ...

  4. Liability insurance - Wikipedia

    en.wikipedia.org/wiki/Liability_insurance

    Many small businesses do not secure general or professional liability insurance due to the high cost of premiums. However, in the event of a claim, out-of-pocket costs for a legal defence or settlement can far exceed premium costs. In some cases, the costs of a claim could be enough to shut down a small business.

  5. Commercial general liability insurance - Wikipedia

    en.wikipedia.org/wiki/Commercial_general...

    Commercial general liability insurance is a broad type of insurance policy which provides liability insurance for general business risks. In the United States insurance market this is known as Commercial General Liability (CGL). It is the "first line" of coverage that a business typically purchases, [1] and covers many of the common risks that ...

  6. What is umbrella insurance and how much does umbrella ...

    www.aol.com/finance/umbrella-insurance-much-does...

    The cost of umbrella insurance will also vary based on how much coverage you purchase. Most insurers offer umbrella policies in the range of $1 to $5 million, but some offer limits of up to $10 ...

  7. Business owner's policy - Wikipedia

    en.wikipedia.org/wiki/Business_owner's_policy

    A business owner's policy (also businessowner's policy, business owners policy or BOP) is a special type of commercial insurance designed for small and medium-sized businesses. [ 1] BOPs are cost-effective and convenient for business owners, as they provide comprehensive protection against common risks like property damage, lawsuits, and income ...

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