How a Business Owner's Policy Protects Your Company

Protect your small business with a Business Owner's Policy (BOP) that combines general liability insurance and property insurance into one convenient package. Get peace of mind knowing your business is covered in case of accidents, property damage, or other unexpected events.

Small businesses are the backbone of the economy, and protecting them is paramount for continued growth and success. Choosing the right insurance can seem daunting, but with the right information, it's a manageable and critical step for any small business owner. In this article, we will explore various insurance brands that cater specifically to small businesses – biBERK, NEXT, Hiscox, The Hartford, and Three by Berkshire Hathaway – comparing their offerings, costs, and unique selling points.

Brand: biBERK

biBERK prides itself on having over 200,000 satisfied customers, focusing exclusively on the needs of small businesses.

Why is biBERK the business insurance company so many organizations rely on?

There are myriad reasons. Small businesses can obtain a quote entirely online or speak directly with an insurance expert for guidance in obtaining a quote, purchasing a policy, or answering any questions. What sets biBERK apart is its direct approach – by insuring your small business without a middleman or insurance broker, they can offer savings of up to 20% compared to policies with other insurance companies.

The Berkshire Hathaway Edge

As part of Warren Buffett's Berkshire Hathaway Insurance Group, biBERK boasts millions of satisfied customers, over 75 years of insurance experience, and a substantial $38 billion in paid claims in 2020. Their top-rated insurance products are competitively priced, up to 20% less than the competition.

Unmatched Customer Service and Efficiency

biBERK offers unrivaled customer service, with the ability to handle everything online, including purchasing plans and submitting claims. Their processes are designed with efficiency in mind, allowing you to focus more on your business and less on insurance matters.

Cost: Request a quote online

Brand: NEXT

NEXT is committed 100% to small businesses, offering tailored business insurance with zero hassle and significant savings.

Comprehensive and Customizable Coverage

Business insurance with NEXT is divided into seven types, making it easy to design the coverage that fits your business. Coverage spans from general liability insurance for accidental customer property damage to workers' comp, and even commercial auto insurance. NEXT understands the needs of small businesses and provides the flexibility to add or adjust coverage as needed.

Savings and Protection for Small Business Owners

NEXT is all about empowering small business owners to take smart risks. With policies like general liability insurance and professional liability insurance, business owners can operate confidently, knowing they're protected from a range of risks.

Cost: Request a quote online

Brand: Hiscox

Hiscox offers a Business Owner's Policy (BOP) that combines general liability insurance with property insurance, tailored to the needs of small business owners.

Why Choose a Business Owner's Policy?

A BOP from Hiscox not only provides general liability coverage but also protects your business's property. This dual coverage is crucial as general liability alone does not cover your property losses. Hiscox BOP is customizable, ensuring you get the right coverage without paying for unnecessary extras.

Customization and Coverage Options

Hiscox allows you to tailor your BOP policy with options like office insurance for fire and business interruption, electronic data loss insurance, and commercial crime insurance, among others.

Cost: The cost of a Hiscox BOP varies based on several factors, including your industry, location, and coverage needs.

Brand: The Hartford

The Hartford offers customizable quotes for small business insurance, based on the specific details of your business.

Personalized Insurance Solutions

By describing your business and selecting the insurance you need, The Hartford provides a tailored solution that includes great savings and benefits. Their Human Achievement Programs and a strong commitment to sustainability underscore their customer-first approach.

Career Growth and Support

The Hartford's focus extends beyond insurance; they offer support and opportunities for personal growth, allowing you to pursue a meaningful career while ensuring your business is protected.

Cost: Starting as low as $25/month

Brand: Three by Berkshire Hathaway

Three by Berkshire Hathaway simplifies small business insurance by offering a comprehensive policy that covers all the essentials.

A Simplified Approach to Insurance

With THREE, multiple policies are a thing of the past. Their comprehensive policy includes business liability, property, auto, business interruption, cyber, and workers' compensation.

All-in-One Coverage

This all-encompassing approach ensures that small businesses have the necessary coverage without the complexity of managing multiple policies.

Cost: Receive a quote online

Small business insurance is a crucial investment for the protection and longevity of your business. Whether you choose biBERK for its direct insurance model and savings, NEXT for its comprehensive and customizable policies, Hiscox for its tailored BOP, The Hartford for its personalized solutions and support programs, or Three by Berkshire Hathaway for its all-in-one coverage, it's important to select an insurance provider that aligns with your specific business needs and growth objectives. By comparing these options, you're taking an informed step toward securing your business's future. Remember, the best insurance policy is one that offers the right coverage at the right price while also providing peace of mind.