Reference guide
Insurance Glossary
Plain-language definitions of common insurance terms across policies, coverage, and claims. Check your policy or plan documents for the terms that apply to you.
Find an insurance term
Showing 3 of 27 matching terms
Terms beginning with B
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Business owners policy
Business insurance - A package policy that commonly combines business property and general liability coverage for eligible small businesses.
- Also called: BOP
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Business personal property
Business insurance - Business-owned contents such as furniture, equipment, inventory, and supplies that may be covered under a commercial property policy.
- Also called: BPP
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Business use exclusion
Auto insurance - A policy exclusion or limitation that may restrict personal auto coverage when a vehicle is used for certain business purposes.
- Also called: business-use limitation