Key Differences Between General Liability and Business Owner’s Policy (BOP):

Feature General Liability (GL) Business Owner’s Policy (BOP)

Covers Third-Party Lawsuits?✅ Yes ✅ Yes (Includes GL Coverage)

Covers Business Property?❌ No ✅ Yes (Buildings, Equipment, Inventory)

Covers Business Interruption?❌ No ✅ Yes (Lost Income Due to Property Damage)

Customizable?✅ Limited ✅ More Coverage Options Available

Cost?💲 Lower💲 💲 Higher (But More Comprehensive)

Best For? Service-based businesses, Small to med businesses with property & physical assets contractors, or freelancers

Which One Should You Choose?

✔ Choose General Liability if:

  • You don’t own a business location or property.

  • You just need protection from lawsuits (bodily injury, property damage claims).

✔ Choose a BOP if:

  • You own or rent a business location.

  • You have inventory, equipment, or physical assets.

  • You want business interruption coverage in case of disasters.