Small Business Insurance Market Size & Growth Outlook 2024-2030

 Small business insurance is numerous insurance coverages that are frequently bundled by insurers and sold as a single contract. The Business Owners Policy (BOP) is the most often used policy for small firms. The BOP creates a package policy that is appropriate for the majority of small businesses by combining coverage for all significant property and liability insurance risks with several extra coverages. The phrase "BOP" explicitly refers to the insurance policy wording that specialists at ISO devised (and changed as necessary).

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