Hunter NelsonOwner of Nelson Insurance Agency

Business Owner's Policy Liability vs Property Explained

26 Sept 2026 · 0 min

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In this segment, Hunter Nelson clarifies what differentiates a Business Owner's Policy (BOP) from a standard general liability policy. He explains that a BOP bundles general liability coverage with property coverage, making the property component the defining feature. The property coverage can encompass a building, business personal property, inland marine, and other related assets, not limited solely to real estate.

Now the second piece of a business owner's policy, what makes it a business owner's policy versus a general liability policy, is the property aspect. So general or business owner's insurance is general liability plus property. Now property does not have to be a building, but it could be, it could be a building, it could be business personal property, it could be inland marine, and yeah, a couple other things.