Business Owners Policy Insurance: Average Premiums & Pricing Factors
Quick Answer
How much does Business Owners Policy cost? Average premiums by business size, industry, and state — plus the key factors that drive your rate up or down.
Comprehensive FAQ, cost guide, and claims examples for business owners policy (BOP) insurance — bundled property and liability coverage for small businesses.
What You Need to Know
A Business Owners Policy (BOP) bundles general liability and commercial property coverage into a single policy for small businesses, often at a lower cost than purchasing separately.
Business Owners Policy Cost by Business Size
| Business Size | Annual Revenue | Typical Premium | Notes |
|---|---|---|---|
| Small Business | Under $1M | $500–$3,000/yr | Basic property and liability bundle. |
| Mid-Size Business | $1M–$5M | $3,000–$10,000/yr | Higher limits and additional coverages. |
What Determines Your Premium?
- Business Size (High impact) — Larger businesses with more revenue and property need higher limits.
- Industry (High impact) — Retail and office businesses pay less than restaurants or contractors.