New Post 2025-05-22

Imagine waking up one day to find that your online store has been hacked, and customer data has been compromised. What would you do? As an online business owner, you might think you're less at risk than a traditional brick-and-mortar store, but the truth is, you face unique challenges that require protection.

A recent survey found that 60% of small businesses hit by a cyber attack shut down within six months. That’s where a Business Owner’s Policy (BOP) can save the day.

What is a Business Owner’s Policy (BOP)?

A BOP is an insurance package designed for small businesses, bundling key coverages into one convenient policy. It typically includes:

• Property Insurance: Protects physical assets like computers, inventory, and office equipment, as well as digital assets like software and data.
• Liability Insurance: Covers claims of bodily injury or property damage caused by your business, including legal fees and damages if you’re sued.
• Business Interruption Insurance: Helps replace lost income and covers expenses (like rent or payroll) if your business has to pause operations due to a covered event.

For an online store, this trio of coverages is a lifeline—safeguarding your equipment, shielding you from lawsuits, and keeping you afloat if your website goes offline.