Protect Your Business with the Right Insurance Coverage

These coverages, and more, are standard on most Businessowners Policies (BOPs). Standard coverages that protect your building, as well as your business personal property and equipment, may include:

• Equipment Breakdown provides coverage when equipment breaks down suddenly and accidentally. It pays the cost to repair or replace the damaged equipment, as well as the costs you incur to get your business up and running again. It also provides $50,000 of coverage for perishable goods that are spoiled as the result of a breakdown.
• Business Income provides coverage for income you lose and expenses you incur as a result of a covered physical loss to your property.
• Replacement cost provides coverage for the cost to rebuild and replace property, without accounting for depreciation, if your property is damaged as the result of a covered peril.

 Standard coverages for liability and associated defense costs for your business may include:

• Premises Liability provides coverage for the liability exposure that develops from your ownership, maintenance, and use of a premises, and from your business’ operations.
• Personal Injury provides coverage for injury, other than bodily injury, that results from false arrest, false detention, false imprisonment, malicious prosecution, wrongful eviction, or the invasion of privacy of premises. It also includes injury caused by oral or written material that slanders a person, goods, products, services, or which violates the right of privacy.

 Standard coverages that protect your business from losses caused by crimes like robbery, burglary, and employee dishonesty may include:

• Money and Securities provides $10,000 of coverage on your premises and $5,000 off your premises against “all risks” of loss or destruction of money and securities. It also covers loss of other property and damage to your premises by burglary or robbery of your safe.
• Employee Dishonesty provides $5,000 of coverage for a loss caused by the dishonest acts of your employees. This includes misappropriation or embezzlement while acting alone or in collusion with others, coverages that are normally excluded from crime policies.

Depending on your business, other essential standard coverages may also be included. Be sure to talk to your agent.

Enhance your policy with optional coverages

In addition to the many standard coverages already included on your BOP, you have the opportunity to enhance your insurance program with an abundance of optional coverages that can provide even greater protection.

Plus Pak provides even more protection

The BOP Plus Pak provides your business with still more protection! Plus Pak bundles dozens of coverages for a modest additional premium.

Special coverages for technology

Technology is often the circulatory system of a business; without it, many couldn’t survive. You’ve probably made a substantial investment in computer, phone, and other systems that help your business operate efficiently. Fortunately, our BOP offers many special coverages just for these technology-related exposures.

West Bend can also provide for your Commercial Auto, Workers’ Compensation, and Umbrella insurance needs.