Business Owner's Policy (BOP Insurance)

A Business Owner’s Policy (BOP Insurance) can help safeguard your company from property damage, loss and lawsuits in the wake of unforeseen events. 

Business Owner's Policy (BOP Insurance) insurance in Texas

Daniel Medina Insurance Business Owner’s Policy builds in many specialized coverages your business needs; plus it offers an array of coverage options to further tailor your policy to your specific business.


Business Owner's insurance discounts

Check out a few of Daniel Medina’s Insurance discounts aimed at lowering your Business Owner’s insurance cost.*Disclosure

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Already have another policy with Daniel Medina Insurance, such as auto, home, renters, RV, or boat? We’ll add a discount for bundling to your Business Owner’s policy.

Safe Driver Discounts

Being a safe rider pays off, and you’ll get a discount if you’ve had no accidents or motor vehicle violations in the last three years.

Browse business insurance coverage types

  • Business owners have told us they like the customizable policies Farmers offers – and these are the major components in your robust menu of business insurance options.


    Coverage for risks related to business’s building, property, inventory or income.


    Coverage for risks ranging from customer injuries to wrongful termination.


    Coverage against money and securities theft committed by employees or third parties.


    Coverage for vehicles you own, lease or rent for business use.

    Workers’ Compensation

    Assistance for employees if an injury or illness occurs on the job.


    Additional liability coverage that supplements an underlying policy.


    Coverage that can help attract and retain employees, and prepare for business succession.

    Loss Control

    Services that help you increase on-the-job safety and efficiency.


Additional business insurance options to consider

You can also explore coverage options with these handy “cheat sheets” that outline industry-specific insurance options for businesses like yours.Apartment – For owners of small apartment buildings, large apartment complexes and everything in between.Auto Service and Repair – For owners of shops that specialize in collision repair, oil changes, transmission repair and more.Commercial Real Estate – For those who own office buildings, retail shopping centers, industrial parks, warehouses and self-storage facilities.

Education and Non-Profit – For organizations including schools and civic groups.Home and Building Service – For independent contractors such as plumbers, electricians, landscapers and painters.Homeowners Association – For governing bodies that manage the common areas and other aspects of a homeowners association.Hospitality – For the owners of hotels, motels and bed and breakfasts.Manufacturing – For companies that manufacture products of virtually any type.Office – For the offices of independent professionals such as doctors, lawyers and consultants.Religious Organization – For churches, synagogues, mosques, temples and other types of religious organizations.Restaurant and Food Truck – For owners of food trucks and quick service, casual and fine dining restaurants.Retail Store – For those who own shops such as salons, dry cleaners, boutiques and convenience stores.Wholesale – For businesses that provide wholesale goods and services to retail industries.

Business Insurance FAQ's

Can I purchase business property and business liability coverage in a single policy?

Q:My business is starting to take off, and I know it’s time to get insured. A friend tells me there may be a single policy to help make it easy on myself.

A: While small businesses like yours can buy insurance policies separately, many insurers to combine the common property and liability coverages into a single policy, called a Business Owners Policy or BOP. 

What Is a Business Owners Policy?
  • A Business Owners Policy (BOP) combines the major property and liability coverages into one insurance policy.
  • They’re not one size fits all. You tailor your BOP to your business.
  • Optional coverage endorsements can be added. BOPs are not a substitute for personal home and auto policies.
Does a business owner policy cover me personally?

Great question — and a very important one. No – you would need separate policies.

Think about it this way: If someone is injured in your home, or in a car accident where you’re at fault, they can file a lawsuit. If they’re successful, a judgment may target your assets (including your business).

So, while many business owners do a good job covering their business, they may still be at risk if they have inadequate personal home, auto and umbrella policies. Be sure to remember that and plan your coverage accordingly.