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Business Owner's Policy (BOP) Cost Calculator

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What Is a Business Owner's Policy (BOP)?

A Business Owner's Policy (BOP) bundles general liability insurance and commercial property insurance into a single, discounted policy. It is designed specifically for small and medium-sized businesses and typically costs 15-25% less than buying both policies separately. BOPs can also include business interruption coverage, adding even more value. To qualify for a BOP, businesses generally must have fewer than 100 employees and revenue under $5 million. Businesses that do not qualify — such as large manufacturers or high-hazard contractors — must purchase policies individually. A BOP is often the smartest and most cost-effective starting point for insuring a small business.

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Frequently Asked Questions

Who qualifies for a BOP?
BOPs are designed for small to medium businesses with under 100 employees and annual revenues typically under $5 million. High-risk industries like construction may not qualify and must buy coverage separately.
What is included in a BOP?
A standard BOP includes general liability insurance, commercial property insurance (for owned or rented space), and often business interruption coverage. You can add endorsements for additional coverage like cyber liability or equipment breakdown.
Does a BOP replace workers comp or professional liability?
No. A BOP does not include workers compensation or professional liability (E&O). Those must be purchased separately as standalone policies.
How much does a BOP cost for a small business?
Most small businesses pay $500-$3,500 per year for a BOP, depending on industry, revenue, property value, and location. Service-based businesses with no physical inventory pay less than retailers or restaurants.
Can I add cyber insurance to my BOP?
Many insurers offer cyber liability as an endorsement to a BOP for an additional premium. However, businesses with significant data exposure may need a standalone cyber policy with higher limits.

Related Business Insurance Tools

General Liability Calculator
Commercial Property Calculator
Business Interruption Calculator
Cyber Insurance Calculator
Startup Insurance Calculator
Results are estimates only. Actual premiums depend on underwriting factors specific to your business. Consult a licensed insurance professional for an accurate quote.

How to Use This Calculator

  1. Enter your details — Fill in the required fields above with your personal or policy information. The more accurate your inputs, the better your estimate.
  2. Review your results — Your estimate appears instantly as you complete the form. Check the breakdown to understand how each factor affects your numbers.
  3. Compare and take action — Use the results to compare options, discuss with your insurance agent, or make informed decisions about your coverage needs.

Common Use Cases

  • Shopping for a new policy — Get a baseline estimate before requesting quotes from multiple insurers so you know what to expect and can negotiate effectively.
  • Reviewing coverage at renewal — Compare your current costs against what this calculator suggests to identify potential savings or coverage gaps before your policy renews.
  • Financial planning and budgeting — Factor insurance costs into your monthly budget or long-term financial plan with realistic estimates rather than guesswork.

About This Business Owner's Policy (BOP) Cost Calculator

The Business Owner's Policy (BOP) Cost Calculator helps you make smarter insurance decisions by turning complex coverage variables into clear, actionable numbers. Simply enter your details above and the calculator instantly shows you realistic estimates based on the key factors that insurers use to determine your costs.

Insurance professionals, financial planners, and consumers alike use business insurance calculators to benchmark costs, identify savings opportunities, and make informed coverage decisions. Rather than relying on guesswork or generic industry averages, this calculator applies the specific inputs you provide to generate a range that reflects your situation.

When interpreting results, keep in mind that actual business insurance premiums depend on many additional factors — including your credit history, exact location, prior claims, and the specific insurer's underwriting guidelines. The figures here represent a realistic estimate range, not a guaranteed quote. Use them as a starting point for conversations with licensed agents who can provide binding quotes from multiple carriers.

For the most accurate results, have your current policy documents nearby when entering inputs. Compare the output with at least two or three actual quotes to see how well the estimate aligns with real-world pricing in your market. Estimates can vary significantly by state and insurer, so shopping around remains the single most effective way to reduce your business insurance costs.