Business Owners Policy

Livonia, Farmington Hills, Michigan

A Business Owner’s Policy is a special Commercial Package Policy that is pre-bundled with property, liability and medical expense coverages -much like a Homeowner’s Insurance policy is for a home.  A Business Owner's Policy is designed to accommodate many small to medium size lower-hazard "main street" businesses, such as retail stores, offices, service businesses, and wholesalers.  Some insurance companies also offer this form of policy to light manufacturing, garage businesses and contractors.  Because of the broad nature of the Business Owners Policy, there can be restrictions on the size of businesses that are eligible - both area and gross sales - as well as the types of products sold or serviced.

A Business Owners Policy offers a very cost-effective insurance program for many businesses.  For others, a Business Owners Policy can be more expensive than a standard Commercial Package Policy because it includes a lot of pre-bundled coverages.  Let the knowledgeable staff at Insurance Planning Service work with you to help determine which form of insurance best meets the needs of your business.

Be sure to ask us about other important parts of your insurance program, including: Commercial Auto; General Liability; Commercial Property; Workers Compensation; Umbrella Liability;  Bonds. 

Getting a QUOTE for a BUSINESS OWNERS POLICY is quick and easy!

One of our dedicated representatives will contact you shortly!