Business owners’ policies (BOP) are a vital insurance product for protecting the health of your organization. Should the unthinkable happen, an effective business owners’ policy (BOP), especially one with business interruption insurance (BII), could mean the difference between weathering the storm and closing up shop.
Sadallah Insurance Agency, Inc. agents work with high quality insurance carriers like CNA, Nationwide, Hartford and more. By doing so, agents can provide in depth consultations that result in accurate insurance quotes backed by excellent insurance providers.
We are confident and experienced in quoting business owners’ policies (BOP) for condominium associations, homeowners’ associations, apartment complexes, contractors, and more.
By working with our carefully selected insurance providers, the Sadallah Insurance Agency, Inc. is able to offer several invaluable business owners’ policy (BOP) features. Specific features of our BOP policies include business interruption insurance, property insurance, and liability insurance.
One particular business owners’ policy (BOP) feature is business interruption insurance. Having coverage should you need to temporarily suspend operations is extremely important to a business owner, and the product we offer covers up to 12 months of interrupted business.
We also offer liability protection for individuals and businesses. For example, we provide coverage for contractors in the event of injury or damage caused by a completed project. We also provide liability coverage for directors and officers of homeowners associations and condominium associations.
Our goal is to completely protect and educate our clients.
We understand unique features of the products we offer and are eager to share this knowledge with clients, often to their benefit. For example, we work with clients on a regular basis to review their building coverages and maintain accurate rebuilding values. Why do we do this? Many associations can be over insured since the real estate market fall in 2008 and rebuilding values have been adjusted accordingly. It is to the advantage of the directors and officers to review this rebuilding value.
Our agency reviews all of our accounts at renewal with the accountholder for any changes that may have occurred over the year. We want to be sure that if something has been purchased or sold we should update the policy to reflect the change.