Business Owners Policy (BOP) Insurance for Small Businesses in Oregon, Idaho & Washington
Protect Your Small Business with a Business Owners Policy
As a business owner, the last thing you need to do is waste your valuable time and money on insurance that doesn’t work for you.
Hillock Insurance is an independent insurance agency that has served 500+ small businesses across Oregon, Idaho, and Washington. We make finding coverage for your business easy. We’ve helped businesses across all industries secure affordable coverage that actually meets their needs.
What is a Business Owners Policy (BOP)?
BOP combines general liability and commercial property coverage into one affordable policy. This is a popular choice for small businesses in Oregon, Idaho, and Washington.
General liability protects your business from claims related to bodily injury, property damage, or advertising errors. Property covers buildings and business personal property like office supplies and equipment.
A BOP is ideal for brick-and-mortar shops, service businesses, restaurants, and more. It provides a simple, yet customizable option for small businesses that need both liability and property protection. It is often more affordable than purchasing each type of coverage separately and reduces the headache of needing to manage multiple policies.
Our agents will help you determine if a BOP is right for your business and customize it to fit your specific risks.
What a BOP Covers
Hillock Insurance prides itself on empowering customers to truly understand their coverage. Let’s break down what a BOP typically covers.
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Third-party bodily injury (customer injuries on your premises)
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Third-party property damage
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Your business property and equipment
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Business interruption / lost income after a covered event
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Some policies include limited professional liability
What a BOP Covers
Depending on your business, you may need additional coverage beyond a BOP. These areas are not covered, but can be insured with separate policies.
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Workers’ compensation
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Commercial auto
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Professional liability/errors & omissions
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Flood or earthquake
Our insurance agents will help you select the coverage you need based on your business type, size, and risk profile.
500+
Small Businesses Supported
A BOP is designed for small to mid-size businesses with a physical location or business assets. Let’s look at a few examples:
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Restaurants + Bars – A BOP can protect you from customer lawsuits if they get sick from food and provide coverage for cooking equipment that is damaged due to a fire.
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Contractors + Trades – A BOP can protect you from client lawsuits if they allege you messed up a project while also providing coverage for your equipment and tools.
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Professional Services – A BOP can protect photographers, accountants, consultants and more, too. Protect your gear and liability in scenarios like a customer alleging you did not deliver in time.
These are just a few of the industries that can benefit from BOPs. Retail shops, lodging businesses, and nonprofits can also be insured with BOPs.
BOPs are likely not a good fit for home-based businesses with minimal physical assets, like only a laptop. A BOP is more comprehensive than needed in this scenario. If this describes you, reach out and we’d be happy to help you find coverage.
How Much Does a BOP Cost in Oregon?
The price of a BOP varies depending on your business and risk factors. Most small businesses we insure pay between $750 to $2,000 per year.
Some of the factors that contribute to a BOP’s price are:
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Industry and risk type
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Business size (employees and revenue)
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Property value
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Coverage limits chosen
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Optional coverages desired
As an independent agent, Hillock Insurance will compare your premium and coverages across several of our trusted, nationally accredited insurers like Liberty Mutual, Travelers, and The Hartford. You get to select the policy and premium that best meets your needs without doing the legwork.
“Hailie at Hillock Insurance is outstanding! She always goes above and beyond providing excellent service. She recently worked on a Sunday (rest day) to process our Insurance needs. We are so fortunate to have her as our Agent and so dedicated to their customers!!”
Craig Smith
"Hailie with Hillock Insurance was amazing to work with. She was quick to answer, listened to all of our questions and concerns, and made sure we understood. She was able to save us quite a bit of money and was very friendly. We couldn’t recommend enough!”
Cheyenne Wilhelm
Why Small Businesses in Oregon Choose a Local Agent Over Online Carriers
One of the biggest benefits of working with an agent near you is you get to speak with a real human when you have questions or something goes wrong.
Online carriers can be a good option for those very familiar with insurance and confident they can manage their policy online. Many owners find the complexity of business insurance daunting and prefer to work with someone they trust.
Hillock Insurance is licensed in Oregon, Idaho, and Washington and is familiar with state-specific requirements for each.
How It Works:
Get a BOP Through Hillock Insurance
Protect your business in three simple steps:
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Fill out the form below or email us at hello@hillockins.com. We do our best to respond between 1-3 business days.
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We find your options. We compare coverage across our carrier partners and walk you through what fits your business and budget.
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Get covered. Most clients have a policy in place within a week.