Florida Business Owners Policy,
packaged properly.

Building, contents, equipment, and inventory protection for your business location. Replacement cost coverage on a named-peril or special-form basis depending on the policy structure.

Third-party bodily injury, property damage, and products liability coverage. Includes defense costs. Typically $1M/$2M limits standard, higher available.

Lost income coverage if your Florida business has to close due to a covered loss. Usually 12 months of income replacement plus extra expense coverage to keep operations going.

Carriers write BOPs for small and mid-sized businesses in classes they consider predictable: offices, many retail stores, service businesses, some restaurants. Each carrier sets its own limits on class, square footage, building value and revenue. Outgrow those limits, or operate in a class the carrier does not want, and the account moves to a monoline or package commercial policy.

A BOP does not include workers compensation, commercial auto, professional liability or flood. Flood is excluded from standard commercial property forms, so a Florida business needs a separate flood policy for building and contents. Cyber and employment practices are sometimes offered as endorsements with low sublimits. Check the sublimit before you rely on it.

On a Florida BOP the hurricane or named storm deductible is usually a percentage of the insured value, not the flat deductible that applies to other losses. Some carriers exclude wind on coastal locations, which pushes wind to Citizens or a separate wind policy. Read the wind deductible on the declarations page before storm season.