When an insurance provider classifies your business as "low-risk" for General Liability and Property Insurance claims, they will sometimes bundle the two coverages together into a BOP. Business Owner's Policies are cheaper month to month than standard General Liability and Property Insurance policies, but they also offer other advantages. Usually, a BOP will automatically come with full-replacement-value Property Insurance coverage, which means you won't have to worry about replacing damaged or lost equipment with new pieces. In addition, some BOPs offer business interruption coverage, which helps you pay for the expenses that result from, property damage that forces you to temporarily stop business. We pass this on to the customer, of course, but this bites because there's only 3 to 5 decent snows a year here, and we pay these rates all year long!.
.. This is a "work in progress" so take it for what it's worth. Any comments are welcome.
Snow plow insurance varies in coverage depending on what your business needs. i carry GL and comm plowing ( sorry for lack of actual ins auto insurance for snow plowing. terms ) however I dont have a seperate policy , marine or whatever it is to actually cover the plows ..
.. Barody was the alleged mastermind behind a plan to increase coverage on the motorcycle..