Nuts & Bolts: Philadelphia Insurance Companies recently released a new product offering, the Business Owners Policy (BOP) for business professionals. PHLY’S BOP provides comprehensive property & liability coverage and is being offered in conjunction with professional liability offered to all types of professionals, especially small law firms, accounting firms and consultants. This new product is only offered to current professional liability policyholders or those who plan to purchase professional liability. Additional coverages available by endorsement include: Employee Dishonesty; Money and Securities, Mechanical Breakdown, Outdoor Signs, and Interior Glass.
Dollars: Limits up to $1,000,000 are available.
States Available: Arizona, California, Connecticut, Colorado, Florida, Georgia, Illinois, Indiana, Massachusetts, Michigan, Minnesota, Missouri, North Carolina, New Jersey, New York, Ohio, Oregon, Pennsylvania, Texas and Washington.
Was this article valuable?
Here are more articles you may enjoy.
Business Interruption Claims Arising From the Middle East Conflict 
Amish Mother and 6 Children Killed in Explosion and Fire at Pennsylvania Home 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
NYC Mayor Eyes City-Run Insurance Program for Affordable Housing From This Issue
