As a small business owner, you know that you need multiple insurance policies. From general liability coverage to auto and property insurance, even when you are working with a single agent, all the policies can feel like a lot to handle and track. One solution is a business owner policy or BOP; however, this one-size-fits-all solution doesn’t have the flexibility of commercial package policy coverage. Read on to discover how your small business can benefit from a CPP.
CPP Allows for Customization
Anyone who has ever tried on a one-size-fits-all item of clothing can tell you that the label is certainly a misnomer. In the same way, a BOP doesn’t take into account the special needs of your business. Commercial package policy coverage is more akin to having your clothing custom-made. You can choose the coverage options and levels that are appropriate for your specific risks.
CPP Saves You Money
The biggest benefit of a CPP is it saves you money. By bundling your coverage into a single policy you will get a significant discount that can make a huge difference to your bottom line. Instead of skipping or skimping on some policies, you have the peace of mind of being fully insured without breaking the bank.
If you’re looking for flexible coverage options at the best price, look for a CPP.