Question 1

What is the difference between GL and a BOP?

Accepted Answer

General Liability (GL) is a single policy covering third-party injury, property damage, and advertising injury. A Business Owners Policy (BOP) bundles GL + Commercial Property + Business Interruption into one discounted policy. A BOP is simply a more comprehensive package built around a GL core. Most small businesses with a physical location benefit from a BOP over standalone GL.

Question 2

Do I need both GL and professional liability?

Accepted Answer

Yes, if you provide professional services. GL covers physical incidents — someone injured at your office, property you damage. Professional Liability (E&O) covers financial harm from your advice or services — a client claiming your consulting, design, or accounting work caused them a loss. Both fill different coverage gaps and most professional service firms need both.

Question 3

What is a Commercial Package Policy (CPP)?

Accepted Answer

A Commercial Package Policy (CPP) is a flexible, multi-line policy that combines several coverage types in a single package. Unlike a BOP (which has standardized terms), a CPP is more customizable — you can add GL, property, inland marine, crime, equipment breakdown, and more. CPPs are typically used by mid-size businesses that have outgrown BOP eligibility.

Question 4

Can I get GL, BOP, and E&O from the same carrier?

Accepted Answer

Often yes. Many carriers offer all three through the same application and renewal, simplifying management and sometimes offering multi-policy discounts. Through ERGO NEXT, you can quote GL, BOP, and WC in one 10-minute application.

Question 5

What is the cheapest way to cover a small business?

Accepted Answer

For most small businesses, a BOP (GL + property + BI bundled) is the most cost-effective approach — typically 15–25% cheaper than buying GL and property separately. If you provide professional services, add E&O as a standalone policy. Starting total for most small businesses: $75–$200/month.

Feature	General Liability Only	Business Owners Policy (BOP)	Commercial Package Policy (CPP)
What it covers	Third-party bodily injury, property damage, personal & advertising injury	GL + commercial property + business interruption in one policy	Customizable bundle: GL, property, inland marine, crime, and more
Best for	Businesses that need basic liability only, rent property, or have separate property coverage	Small businesses with a physical location and under $5M revenue	Mid-size businesses needing more flexibility than a standard BOP
Typical annual cost	$400–$3,000 (solo to small team)	$500–$5,000 (bundled discount)	$2,000–$15,000+ (varies by coverages)
Includes property coverage?	✗ No	✓ Yes — commercial property included	✓ Yes — fully customizable
Includes business interruption?	✗ No	✓ Yes — standard component	✓ Yes — optional component
Includes professional liability?	✗ No (separate E&O required)	✗ No (separate E&O required)	✓ Can be added as component
Includes cyber coverage?	✗ No (separate cyber policy required)	✗ Usually not (endorsement available)	✓ Can be added as component
Can add endorsements?	✓ Yes — equipment, HNOA, products	✓ Yes — data breach, equipment breakdown	✓ Highly flexible
Qualification requirements	Any business qualifies	Under $5M revenue, 100 employees, single location	Larger or more complex businesses; more underwriting required
How to buy	Online in 10 min via ERGO NEXT	Online in 10 min via ERGO NEXT	Typically through a broker for mid-size businesses

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