BPP Insurance: What It Is, Who Needs It

Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

NerdWallet Small Business helps you get the right coverage based on partnerships with more than 20 national carriers. Get quality customer service and guidance through our partner, Turbo.
via Turbo

NerdWallet Small Business helps you get realtime quotes from 30+ insurers, and instant access to your Certificate of Insurance (COI) through our partner, Coverdash.
via Coverdash
What does BPP insurance cover?
- Inventory.
- Furniture.
- Machinery and equipment.
- Improvements you’ve made to a leased space as a tenant.
- The property you’ve leased from another party that you’re required to insure.
- Fire.
- Lightning.
- Explosion.
- Windstorm or hail.
- Smoke.
- Aircraft or vehicles.
- Vandalism.
- Riot or civil commotion.
- Sprinkler leakage.
- Sinkhole collapse.
- Volcanic activity.
- Fungus, wet rot, dry rot and bacteria, with some limitations.
- Falling objects.
- The weight of snow, ice or sleet.
- Water damage.
- Collapse.

NerdWallet Small Business helps you get the right coverage based on partnerships with more than 20 national carriers. Get quality customer service and guidance through our partner, Turbo.
via Turbo

NerdWallet Small Business helps you get realtime quotes from 30+ insurers, and instant access to your Certificate of Insurance (COI) through our partner, Coverdash.
via Coverdash
How do you get BPP insurance?
- Business personal property.
- Buildings and structures.
- Personal property of others that the business is temporarily holding.
How much BPP coverage do you need?
How much does BPP insurance cost?
- Next allows users to get a quote and purchase a policy online. Users can also download an electronic certificate of insurance and receive a claims advocate they can call or text in the event of a claim. Read NerdWallet's review of Next Insurance.
- Thimble is another online insurance seller that offers fast coverage, though its customer support is more limited than Next's. Note that Thimble calls BPP insurance "business contents insurance." Read NerdWallet's review of Thimble.
- Allstate offers various coverage types, many of which can be tacked onto a business owner’s policy. The company topped J.D. Power’s commercial insurance customer satisfaction survey in 2021. Read NerdWallet's review of Allstate business insurance.
- Chubb users can buy a business owner's policy online, and many other policies are available through agents. According to the Insurance Information Institute, Chubb had the largest share of the commercial insurance market in 2020. Read NerdWallet's review of Chubb business insurance.
- State Farm sells coverage packages for various industries, which local agents sell throughout the country. Read NerdWallet's review of State Farm business insurance.
- Look for an insurance broker or independent insurance agent near you. Brokers and independent agents sell policies from various insurance companies and can help you find a good fit.