Business Owners' Insurance

Business Owners' Insurance

Having the right business insurance can make a difference in your financial security. An unexpected loss could cause your practice to temporarily close, move to a new location or permanently shut down.

A Business Owners' Policy (BOP) combines two critical kinds of business insurance: property insurance and general liability insurance. This covers the building if you own it, your property and your business assets if someone is injured at your practice.

BOP includes:

  • Property Insurance – For clinical equipment, office furniture, computers and more.
  • General Liability Insurance – Provides coverage if you are sued because of libel, slander, advertising misprints, slips and falls.
  • Business Interruption Insurance (also called Business Income Insurance) – If you have to close your practice because of a covered claim, this insurance may provide income you would have made during that time as well as costs you may incur if you have to practice at a temporary location.

Make Sure Your Practice is Protected

Discuss your practice setup with your agent to determine what insurance program best meets your needs. Depending on your situation, you may want to consider additional insurance protection such as:

  • Employment Practices Liability Insurance (EPLI) – Coverage in the event of a lawsuit for wrongful termination, sexual harassment, discrimination, and more.
  • Umbrella Insurance – An affordable option for additional financial protection when liability limits are reached on other policies such as your BOP or workers' compensation policy.
  • Workers' Compensation Insurance - Required in nearly every state; provides coverage if an employee suffers an injury or illness as a result of job-related duties.

Request a Quote for Business Owners' Insurance

Professional Solutions Insurance Services is a licensed insurance agency. Insurance coverage is underwritten through many of the nation’s leading insurance carriers. Iowa license #1001003700. California license #0F41762. In AL, CA & TX: PSIS Insurance Services, Inc. In MI: Professional Solutions Insurance Agency, Inc. In NH & NY: PSIS Insurance Services.

Request a Quote

Does Your Business Insurance Do This?

When choosing a business insurance plan, find out if it provides enough coverage to:

  • Rebuild your property and replace your equipment
  • Keep your practice open
  • Protect your assets from a lawsuit


Call toll free 800-950-6007 ext. 2030

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