Business Owner’s Policy Insurance
With a BOP, your new business is set up for success. Work with our agents to get exactly what you need in insurance coverage.
SMART COVERAGE FOR SMALL BUSINESS — SOUTH CAROLINA
Business Owner's Policy (BOP)
for
South Carolina Businesses
A Business Owner's Policy — commonly called a BOP — is the smartest, most cost-effective way for small and mid-sized businesses to get comprehensive coverage. It bundles the three most essential types of business insurance in South Carolina into a single, streamlined policy that saves you money compared to buying each coverage separately.
✔ General Liability
✔ Commercial Property
✔ Business Interruption
✔ Customizable Add-Ons
A Business Owner's Policy (BOP) is a packaged commercial insurance policy that combines general liability insurance, commercial property insurance, and business interruption insurance into one bundled product — typically at a lower premium than purchasing each coverage separately. Designed specifically for small to mid-sized businesses, a BOP provides broad, foundational protection against the most common risks South Carolina business owners face every day.
WHAT'S INCLUDED
The Three Core Coverages in Every BOP
Every standard Business Owner's Policy for South Carolina businesses includes three essential coverage components. Think of them as the three legs of the stool — remove any one of them and your business is exposed to serious financial risk.
General Liability Insurance
Protects your business against third-party claims for bodily injury, property damage, and advertising injury. If a customer slips in your store, your employee damages a client's property, or someone sues over your marketing — this coverage responds. It also pays your legal defense costs, regardless of fault.
General Liability Insurance
Protects your business against third-party claims for bodily injury, property damage, and advertising injury. If a customer slips in your store, your employee damages a client's property, or someone sues over your marketing — this coverage responds. It also pays your legal defense costs, regardless of fault.
liability protection
Commercial Property Insurance
Covers physical damage to your business property — your building, equipment, inventory, furniture, and fixtures — caused by fire, theft, vandalism, windstorm, and other covered perils. Whether you own your building or lease your space, this coverage protects the physical assets your business depends on to operate.
Commercial Property Insurance
Covers physical damage to your business property — your building, equipment, inventory, furniture, and fixtures — caused by fire, theft, vandalism, windstorm, and other covered perils. Whether you own your building or lease your space, this coverage protects the physical assets your business depends on to operate.
property protection
Business Interruption Insurance
If a covered loss — like a fire or severe storm — forces your business to temporarily close, business interruption insurance replaces the revenue you lose during that period. It can also cover ongoing fixed expenses like rent, payroll, and utilities so you can keep your obligations even when the doors are shut.
Business Interruption Insurance
If a covered loss — like a fire or severe storm — forces your business to temporarily close, business interruption insurance replaces the revenue you lose during that period. It can also cover ongoing fixed expenses like rent, payroll, and utilities so you can keep your obligations even when the doors are shut.
income protection
why bundle?
BOP vs. Buying Separate Policies — What's the Difference?
Many South Carolina small business owners don't realize that purchasing a BOP is almost always more cost-effective than buying individual policies. Here's why a BOP is the smarter choice for most qualifying businesses.
Separate Policies
Buying individually
- Three separate premiums to manage and pay
- Three separate renewal dates to track
- Three separate insurers — potential gaps between policies
- Higher total premium — no bundling discount
- More complex claims process across multiple carriers
Business Owner's Policy (BOP)
Bundled for savings
- One premium, one payment, one policy
- One renewal date — easier to manage annually
- Seamless coverage — no gaps between policy types
- Lower total premium — bundling discount built in
- Simpler claims — one carrier handles everything
CUSTOMIZE YOUR COVERAGE
Optional Add-Ons You Can Build Into Your BOP
A standard BOP covers the essentials — but many South Carolina businesses need additional protection beyond the three core coverages. These endorsements can be added to your policy to fill specific gaps based on your industry and operations.
Cyber Liability
Covers data breaches, ransomware attacks, and cyber incidents — essential for any business that stores customer data or processes payments.
Professional Liability (E&O)
Protects service-based businesses from claims that your advice, service, or work caused a client financial harm — even if the claim is unfounded.
Equipment Breakdown
Covers the cost to repair or replace mechanical or electrical equipment — like HVAC systems, computers, or kitchen appliances — that break down unexpectedly.
Hired & Non-Owned Auto
Protects your business when employees use personal or rented vehicles for work errands — closing a critical gap not covered by standard commercial auto.
Employment Practices Liability
Covers claims of wrongful termination, discrimination, harassment, or retaliation brought by current or former employees — increasingly important for growing businesses.
Liquor Liability
Required for restaurants, bars, and event venues that serve alcohol. Covers injury or property damage claims resulting from a patron who was served at your establishment.
WHO QUALIFIES
Which South Carolina Businesses Can Get a BOP?
A BOP is designed for small to mid-sized businesses that meet certain eligibility criteria. Most businesses with fewer than 100 employees and under $5 million in annual revenue qualify. Here are the most common types of businesses we write BOP policies for across Greenville, Spartanburg, and Upstate SC.
A note from Priority Insurance on BOP quotes:
Commercial insurance — including BOP policies — is more complex than personal auto or home insurance. Some quote requests must be submitted to insurance company underwriters for review, which can take several business days. For businesses with higher-risk profiles or unique operations that require the Excess and Surplus (E&S) market, allow at least 48–72 hours for a quote. The earlier you reach out, the sooner we can get your business protected. Contact Priority Insurance today and we'll start the process immediately.
Why South Carolina Small Businesses Choose Priority Insurance for Their BOP
- We build the right package. Assembling a BOP isn't just picking a template — coverage types, limits, and endorsements must match your specific business. We've been doing this for South Carolina businesses for years.
- 18+ carrier options. As an independent agency, we compare BOP offerings from multiple top-rated carriers — finding the combination of coverage and price that's right for your business, not just what's easiest for us.
- Dedicated COI issuance. We have a dedicated team member who handles Certificates of Insurance for our clients. When a vendor or client needs proof of coverage, we move fast.
- Annual policy reviews. Your business changes — and your coverage should keep pace. We proactively review your BOP each year to make sure it still fits your operation and flags any gaps before a claim happens.
- Licensed in SC & NC. Serving Greenville, Spartanburg, Greer, Mauldin, Simpsonville, Taylors, Fountain Inn, and across the Carolinas — with carriers rated A or better by AM Best.
Common questions
BOP Insurance FAQs
Does every small business qualify for a BOP?
Not all businesses qualify. BOPs are designed for small to mid-sized businesses with lower risk profiles — typically fewer than 100 employees and under $5 million in annual revenue. Higher-risk industries like manufacturing or construction may need separate policies instead. We'll tell you right away which applies to your business.
What is business interruption insurance?
If an unforeseen event — like extreme weather or an accidental fire — makes it impossible for your business to operate temporarily, business interruption insurance replaces lost income during that period. It can be the difference between a business surviving a catastrophic event or having to permanently close.
Does a BOP replace workers' compensation insurance?
No. Workers' compensation is a separate, state-mandated coverage that must be purchased independently. A BOP covers third-party claims and your business property — workers' comp specifically covers your employees for on-the-job injuries. Most South Carolina employers need both.
How long does it take to get a BOP quote?
Standard BOP quotes for low-risk businesses can often be turned around within one business day. Higher-risk operations or those requiring the Excess and Surplus (E&S) market may take 48–72 hours. We'll give you a realistic timeline when you contact us.
Can I get a Certificate of Insurance (COI) under my BOP?
Yes. Priority Insurance has a dedicated team member who issues COIs for our clients. Keep in mind that COIs with special vendor or client requirements may take 48–72 hours to generate — so contact us as early as possible when a client or landlord requests one.
Get a Business Owner's Policy Quote for Your South Carolina Business
Stop paying for three separate policies when one BOP can do the job better — at a lower price. Priority Insurance serves Greenville, Spartanburg, Greer, Mauldin, Simpsonville, Taylors, Fountain Inn, and all of Upstate SC. We compare 18+ carriers and build the right package for your business from day one.