What revenue and square footage limits apply to a business owners policy?

A business owners policy typically caps eligibility under $5 million in annual revenue, with additional limits on square footage and employee count that vary by carrier.

Do I need a business package policy if I already have general liability?

A business package policy combines general liability and commercial property into one policy, usually at a lower cost than buying each separately.

Does a business package policy cover employees getting hurt at work?

No. Employee injuries are covered under workers compensation, which is a separate policy.

What is builders risk insurance and does US Assure write it in Georgia?

Builders risk covers structures under construction. US Assure is a program administrator that writes Georgia builders risk through independent agents with Zurich underwriting.

Does homeowners insurance cover a home-based business?

Standard homeowners policies provide very limited coverage for home-based business activity.

Business Owners Policy FAQs

What does a Georgia business owners policy exclude?

All FAQs

Quick answer: A Georgia business owners policy excludes workers compensation, commercial auto, professional liability, cyber liability, and commercial flood coverage.

A Georgia business owners policy (BOP) leaves out several coverages a Georgia business commonly needs, and every one of them requires a separate policy. See what a business owners policy covers for the coverage schedule itself; this page covers what is left outside it.

What does a Georgia BOP not cover?

A business owners policy leaves out several significant coverages that require separate policies:

Workers compensation: required separately in Georgia for businesses with three or more employees under O.C.G.A. Title 34. A BOP does not cover workplace injuries; without a separate workers comp policy, your business pays those costs directly. See what workers compensation insurance covers for the details.
Commercial auto: vehicles your business owns or regularly uses need a standalone commercial auto policy. Personal auto policies generally exclude business use above a certain frequency.
Professional liability: covers claims that your advice or professional service caused a client financial loss. A BOP general liability section does not reach those claims. See what professional liability insurance covers if your work involves advice or professional services.
Cyber liability: covers data breaches, ransomware, and online fraud. A separate cyber policy pays for notification costs, credit monitoring, and regulatory fines that a BOP excludes. Learn more about whether your small business needs cyber insurance.
Commercial flood: standard property coverage excludes flood damage. Georgia businesses near rivers or in low-lying areas need a separate commercial flood policy, often through the National Flood Insurance Program.

When does a BOP fall short in practice?

For example, the Georgia retail shop described above has a BOP covering its storefront, inventory, and customer-injury liability. When an employee is injured stocking shelves, the workers compensation claim falls entirely outside the BOP. The business would owe those costs without a separate workers comp policy in place.

How much does a BOP cost for Georgia small businesses?

BOP premiums for Georgia small businesses commonly run $500 to $2,500 per year, depending on industry, revenue, location, and claims history. Higher-risk industries such as construction or food service typically pay more. See how BOP pricing compares to buying coverages separately to understand when bundling makes financial sense for your business.

A business package policy is an efficient foundation, but gaps can leave a business exposed to costs it cannot absorb. A free coverage review with a licensed advisor will confirm what your policy includes, what it leaves out, and whether additional lines make sense for your specific business.