L Squared Insurance Agency Blog: bop
View the latest blog posts from L Squared Insurance Agency.
Tuesday, April 18, 2023Are you starting up your small retail location or looking for a way to safeguard your existing business? A business owner’s policy, or BOP insurance plan, can help you to get the financial protection you need. Any type of retail organization is going to need business insurance that’s customized to meet specific needs. READ MORE >>
Thursday, March 30, 2023 A Business Owners Policy (BOP) is essential insurance coverage for almost any small business. Whether a Law or Accounting firm rents, owns a building or works out of their house; the firm needs a BOP. While firms may understand how important malpractice insurance is. READ MORE >>
Wednesday, December 15, 2021 ess must have no more than 100 employees and no more than $1 million in revenue. Bigger companies will likely have to buy insurance policies a la carte. A BOP bundles several coverages into a package for comprehensive protection, as well as lower premiums in many cases. READ MORE >>
Friday, July 16, 2021By buying business insurance, you take a big step to secure your finances and create a strong risk management strategy. After all, you never know when a single incident like a fire or break-in could devastate your business and cost you a fortune. READ MORE >>
Wednesday, May 29, 2019 Whether a Law or Accounting firm rents, owns a building or works out of their house; a Business Owners Policy (BOP) is essential insurance coverage. While most firms understand how important malpractice insurance is. Professional liability insurance only covers the errors and omissions. READ MORE >>
Monday, October 15, 2018Law Firms, Accounting Firms and Title Agencies know that they need professional liability insurance for their malpractice or errors and omissions coverage. But many firms neglect the business side of their practice. BOP stands for Business Owners Policy is sometimes also referred to as Business Insurance. READ MORE >>
Wednesday, August 29, 2018Many Law Firms carry large balances in Escrow Trust and IOLTA accounts. What would happen if those funds disappear? Law firms may rely on a “trusted” employee to manage the funds, balance the accounts, deposit funds and write checks. Unfortunately this “trusted” employee is a leading cause of loss. READ MORE >>
Thursday, July 26, 2018In the past we have blogged about attorney malpractice policies not answering cyber claims and that even though a business owner’s policy (BOP) may contain some cyber coverage, it likely will not provide all of the coverage and limits that a true cyber policy provides. READ MORE >>
Tuesday, November 1, 2016Whether a Law or Accounting Firm rents or owns a building, a Business Owners Policy (BOP) is essential insurance coverage. While most Firms understand how important Malpractice Insurance is. Professional Liability Insurance only covers the errors and omissions or malpractice claims. READ MORE >>
Thursday, August 4, 2016Starting your own Law Practice can be stressful. There are a lot of important choices you have to make to get your practice up and running to become successful. One of those to minimize up front expenses until the revenue starts to flow is starting the law practice in your home. READ MORE >>
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