Small business insurance has become an increasingly important topic for Ohio business owners. One unexpected claim — a slip and fall, a fire, a lawsuit — can have serious financial consequences for a business that isn't properly covered. Lambert Insurance Group has been helping Ohio small businesses find appropriate coverage since 1953.
What Is a Business Owners Policy (BOP)?
A Business Owners Policy typically bundles commercial property coverage, general liability coverage, and business interruption coverage into a single policy. It's a common starting point for many small businesses with a physical location — retail stores, restaurants, offices, salons, and similar operations. Whether a BOP is appropriate for your business depends on your specific situation, exposures, and coverage needs.
What Does a BOP Typically Not Cover?
- Professional liability (errors & omissions) — for businesses that provide professional services or advice
- Commercial auto — vehicles used for business purposes need a separate commercial auto policy
- Cyber liability — increasingly important for businesses that handle customer data
- Employment practices liability — covers claims related to employment decisions
Every business has different exposures. Speak with a licensed agent to make sure your coverage matches your actual risks.
What Affects Small Business Insurance Premiums in Ohio?
Your industry, annual revenue, location, number of employees, claims history, and the specific coverages and limits you choose all factor into pricing. Premiums vary by business type and situation.
Who We Serve
We work with small businesses across Westlake, Mayfield, North Olmsted, Strongsville, Bay Village, Rocky River, and all of Northeast Ohio. Call or text us to discuss your business coverage needs.
Ready to Explore Your Options?
As an independent agency, we shop multiple carriers on your behalf. Call or text us and we'll get back to you promptly.