Skip to the main content.
What Size Law Firm Are You?

We've crafted solutions tailored to your firm

Insurance Glossary

The world of insurance for law firms can be confusing, and difficult to navigate. We've created this glossary because these common insurance terms should be easy to understand.

Business Owner's Policy Insurance (BOP) for Attorneys

Combine your property and general liability insurance into one law firm insurance policy.

What is a Business Owner's Policy?

Simple, Customizable Insurance for Law Firms

A business owner's policy (BOP) comprises several coverages, including general liability (different from your professional liability) and commercial property insurance. When combined into one policy, it can provide a blanket of liability and property protection for your law firm.

BOP insurance is a smart choice for law firms because you work directly with clients and your property has value. A smartly structured BOP can protect you from a loss arising from client accidents and other incidents like burglary, fire, or other uncontrollable scenarios. 


Business Owner's Policy Information for Attorneys

Create a Tailor-Made Solution For Your Firm


What does a BOP generally cover?

Some of the coverages included in your BOP are:


Are there things a BOP does not cover?

Yes - while your BOP will bundle a variety of coverages into one policy, the following common risks are not covered - although they can be added to further customize your policy 


What's the difference between a BOP and General Liability coverage?

A BOP adds property insurance, equipment, and business interruption coverage for your firm.

When Does A Lawyer Need A Business Owner's Policy?

A Business Owner's Policy can help if:

  • You own or rent your firm's workspace
  • You have clients that require you to carry general liability 
  • You have a physical location and/or your physical property has significant value
  • You have the potential for being sued, other than for your professional services
  • Your assets, including client information, are at risk of being stolen

More Law Firm Insurance Options

Check out the most popular law firm insurance products available

Icon depicting directors and officers sitting around table

Directors & Officers Liability Insurance

Directors & Officers

Directors & Officers (D & O) Insurance protects lawyers from personal losses if they are sued as a result of serving as a director or an officer of an organization.

Icon depicting two employed attorneys

Employed Lawyers Insurance (Miscellaneous E & O)

Employed Lawyers Liability Insurance

Offered as a Miscellaneous E & O policy, get coverage for your professional legal services when offered as an in-house attorney.

Not sure which insurance you need?

Take our free quiz and find your firm's best business insurance products.

Answer 5 questions and get a set of personalized recommendations.

Choosing the right partner to protect your firm shouldn't have to be difficult. With ALPS, you can get some time back in your day to focus on why you got into this business in the first place - helping people.

ALPS is Law Firm Insurance Made Easy