Encino, CA BOPs | Paramount Exclusive Insurance
page-template,page-template-full_width,page-template-full_width-php,page,page-id-15530,page-child,parent-pageid-15516,ajax_fade,page_not_loaded,,qode-title-hidden,hide_top_bar_on_mobile_header,wpb-js-composer js-comp-ver-5.0.1,vc_responsive

Intelligence, Efficiency and


California Business Owners Package


We at Paramount think that purchasing a business owners package (BOP) is both intelligent and efficient.


A BOP simplifies coverage needs by including business property and business liability, two important coverages that most businesses need, in a single policy. This is a great way to save money while broadening coverage for things like fire, theft, lawsuits and loss of income. Better yet, additional important coverages can be added to a BOP, making it a great way for businesses with specific needs to tailor their business owners policy to include things like business income for off-premises utility services, data breach and more.


Typically, BOPs include property insurance for buildings and contents owned by the company. This coverage comes in two separate forms: standard and special, the latter of which provides more comprehensive coverage. A BOP also includes business interruption insurance, which covers the loss of income resulting from a fire or other catastrophe that disrupts the operation of the business. It can also include the extra expense of operating out of a temporary location. Finally, a BOP offers liability protection, which covers your company’s legal responsibility for the harm it may cause to others.


There are additional coverages within a BOP that you should consider, depending on your business. Data breach coverage, for example, is important for any business that handles or stores private customer, patient or employee information. Especially today, when hacking and cyber crime have become almost commonplace, data breach coverage is nearly a requirement for businesses. Another potentially important coverage is professional liability, also known as Errors and Omissions. Paramount knows that you put your professional judgment and expertise at risk every day while running a business. Can you afford to be sued? Even if you’ve done nothing wrong, sometimes things just happen; a customer claims a negligent act, an error or omission in the service you’ve provided. Who knows? But Paramount knows that adding professional liability can protect you from those extraordinary occurrences.

Consider This

Some, but not all, BOP policies also offer business income and extra expense protection after an insured loss.

Let Us Guide You To The Right