Property, premises liability, products or completed operations, and business income can sit together when the class and exposures fit.
Property and Package
Businessowners and Package Insurance.
A package works when the pieces belong together. It fails when one exposure is hiding behind the bundle.
A businessowners policy commonly combines property, liability, and business-income coverage for an eligible smaller business. A commercial package can assemble a broader set of property and liability forms. Auto, workers compensation, professional liability, cyber, flood, and other lines may still require separate treatment.
The broker read
What matters before the application.
Do not start with BOP wanted. Start with the business. A restaurant, contractor, landlord, retailer, and light manufacturer can all want a package, but their property, liability, interruption, equipment, product, and off-premises exposures are not interchangeable. The correct package follows the operations.
Coverage anatomy
What this coverage is really solving.
Optional endorsements may address equipment breakdown, spoilage, hired auto, cyber, crime, or other gaps, but wording and limits vary.
A package is a policy structure, not evidence that every exposure has been included or adequately limited.
Where placement turns
The facts that move the file.
- A main-street account with a nonstandard occupancy, location, loss, or catastrophe issue
- A multi-line file that no longer fits a standard BOP
- Mixed operations, multiple entities, seasonal values, or business-income complexity
- A needed liability or property extension the incumbent package will not provide
Coverage and access are separate questions
This page explains the line and the placement problem. It does not confirm a current market route, quote, policy terms, or bind authority for a particular account.
The first submission
Build a file an underwriter can read.
Lead with this story
Show why the account belongs together: the same entities, operations, locations, and financial exposures should flow through every requested coverage section.
Put these facts in the file
- A plain-English operations narrative with revenue by operation
- Location schedule, property values, occupancy, protection, and business-income basis
- Payroll, sales, subcontractor cost, products, and other liability exposures
- Current policies and loss runs for every line expected in the package
Answer these questions before markets ask
- Which coverages truly belong in the package, and which should stand alone?
- What operation, location, or claim pushes the account outside standard BOP appetite?
- Are all named entities and locations performing the same business?
- Which interruption, equipment, product, cyber, auto, or professional exposure is easy to miss?
Where files lose time
Three avoidable misses.
- Using office or retail as the whole operations description
- Sending property values without the liability exposures, or vice versa
- Assuming a package automatically includes cyber, flood, professional liability, or owned auto
Hedge resources
Forms and class guidance for this coverage.
Hedge-owned form
Hedge Schedule of Locations Supplement
A fillable Hedge schedule for presenting multiple premises and location-level exposure information.
Read and downloadHedge-owned form
Hedge Loss and Claims Supplement
A fillable Hedge supplement for organizing prior losses, claims, and open-claim detail for wholesale review.
Read and downloadClass appetite
Restaurants
Read the public, directional class guidance and prepare for account-specific review.
Review class guidanceClass appetite
Auto repair shops
Read the public, directional class guidance and prepare for account-specific review.
Review class guidanceClass appetite
Salons, spas, barbers
Read the public, directional class guidance and prepare for account-specific review.
Review class guidanceRelated coverage
Follow the exposure, not the menu.
Property and Package
Commercial Property
A property file is a story about what can burn, break, blow away, or stop the business.
Open coverageCasualty and Excess
Commercial General Liability
The class code gets the file opened. The operations narrative gets it quoted.
Open coverageManagement and Workforce
Workers Compensation
Class codes price the work. The day-to-day duties prove the codes.
Open coverageBring us the hard part
We will help shape the file.
You do not need a perfect packet to start. Send the account, requested line, effective date, current applications, available loss information, and the fact making the placement difficult. Hedge will separate missing information from market-ready information before any account-specific route is confirmed.