By Jessica MartinezContributing Writer, Business & Finance, Encore Editorial
The small-business bundle
A Business Owner's Policy (BOP) bundles general liability with commercial property (equipment, inventory, and space) into one policy at a discount compared to buying them separately. It is the standard starting point for most small, low-to-medium-risk businesses: shops, offices, and small service firms.
BOPs do not typically include workers' comp or professional liability; add those separately if you need them. The savings versus buying the two policies standalone is real but modest, usually around 10 percent.
The rates behind this estimate
Both halves of the bundle use the same industry factor as the GL calculator, applied to revenue. The property half runs off your entered property value instead. Here is what the calculator has coded in for 2026.
| Input | Rate or factor |
|---|---|
| GL base rate | $1.20/$1,000 revenue. Floor: $450. |
| Property base rate | $1.20 per $100 of property value (floor $300) |
| Bundle discount | 10% off the combined GL + property total |
| Office / professional factor | 1.0 |
| Retail / hospitality factor | 1.6 |
| Trades / contracting factor | 2.2 |
| Construction (high risk) factor | 2.8 |
| Health / personal care factor | 1.3 |
| Tech / consulting factor | 1.4 |
Not sure a bundle fits?
Price GL and property on their own to see whether buying them separately changes your total by much.