Business Owner's Policy
What types of businesses are eligible for a business owner’s policy?
Typically small to mid-sized, low risk “main street” ventures are considered for this type of insurance. Different insurance companies have different eligibility guidelines, some may limit the number of employees, others will put limits on revenue or payroll. Some automatically include business income coverage, some require you to purchase this valuable coverage as an endorsement.
Retail stores, business, and medical offices, some classes of artisan contractors (electrical, painting, lawn care), small restaurants, various types of service providers may all be eligible -depending on the insurance company.