Business Insurance · Free calculator

Business Owner's Policy (BOP) Calculator

Estimate a bundled BOP premium — general liability + commercial property in one policy — by revenue, property value, and industry.

Short answer

Business Owner's Policy (BOP) Calculator

$2,915Estimated annual BOP premium

BOPs bundle general liability and property at a ~15–20% discount and add business-interruption coverage most small firms skip standalone. Restaurants and contractors pay the most per revenue dollar; offices the least.

How it's calculated: $243/mo bundling GL + property — vs ~$3,555/yr bought separately. Adjust the inputs below to recalculate for your own numbers.

Disclaimer: Estimates only — not insurance, tax, or legal advice. Actual premiums depend on underwriting, state, carrier, claims history, and plan details. Confirm numbers with a licensed agent, broker, or Healthcare.gov before acting.

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$500,000
$150,000

Equipment, inventory, tenant improvements — not the building if you lease.

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4
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Formula used

BOP = revenue × GL rate + property × property rate

A BOP packages the two policies almost every small business needs. Eligibility caps at roughly $5M revenue and low-hazard operations — larger or riskier businesses move to a commercial package policy.

BOP premium ≈ max($500, revenue × industry GL rate + property value × 0.45% + $60/employee)
Typical small-biz BOP
$1,200–3,500/yr
Bundle discount
15–20%
Revenue eligibility cap
~$5M
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What a BOP includes (and what it doesn't)

Included: general liability, commercial property, and business income/interruption. Not included: workers' comp (legally separate), professional liability/E&O, commercial auto, cyber, or flood. Most BOPs let you bolt on endorsements — data breach and equipment breakdown are the two worth pricing.

  • Insure property at replacement cost, not actual cash value.
  • Business-interruption coverage uses your revenue — keep it current.
  • Landlords often require tenants to carry $1M GL anyway — the BOP satisfies it.

FAQ

How much does a BOP cost?

Most small businesses pay $1,200–3,500/year. Low-risk offices can be under $1,000; restaurants and contractors with significant property run $4,000–8,000+.

Is a BOP cheaper than separate policies?

Yes, typically 15–20% cheaper than buying general liability and commercial property separately, plus you get business-interruption coverage bundled in.

Does a BOP cover my employees?

No — employee injuries are workers' compensation, a legally separate policy in every state. Employee lawsuits need EPLI. Both are commonly purchased alongside a BOP.

How this calculator is built

Independently maintained

Written by Sam Doshi and the RevenueLab editorial team. We don't sell the data feeds this tool is built on.

Sourced from primary data

Benchmarks come from public AdSense / Stripe / IRS disclosures and reader-submitted data — never third-party "$X per view" claims. Full methodology.

Last editorial review

Reviewed on a rolling quarterly cycle. Dated reviews are published on the methodology record for each calculator.

Editorial standards

See our editorial policy and disclaimer. Results are estimates, not advice.

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