How much is BOP insurance in Texas?

The average BOP insurance cost in Texas is $877 per year or about $73 per month, according to Insureon. Purchased separately, Insureon says, a general liability insurance policy in Texas costs $42 monthly, while commercial property insurance averages $67 monthly.

Average annual rates for business types and industries in Texas

Here are the average BOP insurance premiums for different business types, based on data from Insureon.

Building design: $648
Cleaning services: $907
Construction: $1,173
Food and beverage: $1,770
Healthcare professionals: $841
IT/technology: $550
Landscaping: $1,130
Media and advertising: $670
Photo and video: $570
Professional services: $566
Retail: $1,136
Sports and fitness: $800

Average BOP insurance cost by company

Insurance companies charge different rates for BOP insurance. Here are the average annual BOP insurance premiums from several national insurance companies:

Company	Annual cost
The Hartford	$1,019
Progressive	$1,351
Huckleberry	$864
Thimble	$725

Companies that offer BOP insurance in Texas

When shopping for BOP insurance in Texas, you’ll need to decide whether you prefer to work with a national carrier or a smaller, regional one. While large carriers often have lower premiums, they sometimes don’t have the best customer service, a benefit that smaller companies can provide.

Top regional BOP insurance companies in Texas

Here are some of the top regional BOP insurance companies that serve Texas business owners:

Hallmark Financial
Kemper Insurance
Texas Farm Bureau Insurance
American National Insurance

Most commercial insurance companies doing business in Texas require business owners to call an agent to get a BOP quote. You can, however, use a quote comparison site to get BOP quotes from multiple insurance carriers. Bear in mind, however, that an initial quote for BOP insurance in the Lone Star State may not be the same as the final quote you receive before binding your coverage.

Expert InsightNo matter the price of a BOP, the cost will almost certainly be cheaper than buying general liability and commercial property coverage separately.

How to estimate BOP insurance costs in Texas

BOP insurance premiums in Texas will vary significantly based on the type of business you operate and where in the state you call home. Here are some of the key factors that affect premiums in Texas:

Industry: The industry your business operates in will impact the cost of BOP insurance. Industries that are considered high-risk, like oil and gas exploration, construction, and commercial trucking – all common in Texas – often have higher BOP premiums than low-risk industries, like professional services such as accounting or consulting. Insurers will examine risk factors like workplace injuries, liability claims and property damage, all of which may be more prevalent in Texas because of the size of the energy and construction sectors.
Annual revenue: Small businesses with high annual revenue usually pay more for BOP insurance than those with lower revenue. That’s because businesses with high revenue often have more customers, assets or operations to insure. For instance, a high-volume Houston retailer with two locations will probably want higher coverage limits than a mom-and-pop shop in the West Texas town of Alpine.
Business property value: In Texas, property values can vary greatly. The value of your business property, including the building and contents inside, affects BOP insurance premiums. For example, the owner of a large inner-city Dallas warehouse who stores expensive equipment or inventory inside can expect to pay a higher premium for BOP insurance than an accountancy firm that rents a suburban office and furnishes it with desks, chairs, computers, printers and the like.
Number of employees: The size of your workforce matters as well. Larger businesses face greater liabilities, particularly if its workers engage in physical or high-risk labor. For example, a landscaping business in San Antonio with 50 employees will pay more for coverage and probably have higher coverage limits than a four-employee physical therapy outfit in Fort Worth. More employees typically means greater risk exposure for both general liability and workers' compensation insurance (which is optional in Texas).
Claims history: From El Paso to Paris, Texas, your claims history will also influence the premium you pay for BOP insurance. Carriers charge higher rates for businesses with prior claims because they believe there’s a greater likelihood of additional claims in the future. This makes maintaining a clear claims history even more important.

How to compare carriers to get the best BOP insurance rates in Texas

When shopping for BOP insurance in Texas, there are a few important things you need to do, no matter if you're located in a major metroplex like Dallas, a midsized city like Laredo, or a small town like Waxahachie:

Understand what’s covered: Texas is a big state with a diverse environment. Read your policy’s fine print to find out what’s covered – and what’s not. Your Texas business may need additional coverage, such as hurricane and flood insurance in coastal cities like Galveston or Corpus Christi, or wind insurance in the blustery panhandle city of Amarillo. To fill gaps in your BOP, you might need to purchase additional policies, like commercial auto insurance for a Houston commercial trucking fleet or umbrella insurance if you operate in a high-risk field like petroleum exploration. Get quotes to see how these other policies affect your insurance cost.
Check insurer financial strength ratings: Not every insurer that does business in the Lone State State is the same. Before you choose a BOP insurance company, check the carrier’s financial strength rating to make sure they have the stability to make good on claims, especially in the wake of a devastating flash flood in the Hill Country or a tropical storm in Houston. The credit rating agency AM Best is a good source for this. Insurance companies with an A rating or higher have an excellent ability to meet financial obligations, which include paying claims.
Read customer reviews from Texas businesses: Customer service experiences can vary greatly from region to region and company to company. When comparing insurers, it’s a good idea to read customer reviews from other Texas business owners. Look for complaints about denied claims (particularly after major storms or wildfires), slow claim handling, poor customer service, or unexpected rate increases. Consistently negative reviews should be a red flag and might mean it’s best to look elsewhere.
Get personalized rate quotes: BOP insurance costs in Texas depend on many local factors: the city or county where you’re located, risks inherent to your industry, property values, and even local building codes. Rates can vary a lot between insurers. Always get personalized BOP insurance quotes from several Texas-licensed carriers to compare prices and coverage. Experts say this is the best way to find an affordable policy that truly meets your needs, whether you’re running a restaurant in San Antonio, a tech startup in Austin, or a construction business in Midland.

How to lower BOP insurance in Texas

Every Texas business knows that the key to financial success is balancing costs. Here are some practical ways to reduce the cost of BOP insurance in the Lone Star State:

Bundle a BOP with another policy: Many Texas insurance companies offer a discount to business customers who bundle their BOP with another policy, commercial auto insurance for your trucks or vans, workers’ compensation (even though it's not required in Texas, many businesses still carry it), or professional liability insurance. Bundling can simplify your insurance management while saving you money.
Pay your annual premium in full: If your cash flow allows it, paying your premium upfront and in full is an easy way to save a small amount of money, as many Texas insurers offer a discount for doing so. You may also be able to get a discount for enrolling in automatic payments, which has the added value of ensuring you won't risk a lapse in coverage.
Improve the safety of your business space: Whether it's crime in a major city like Houston or severe weather risks in the Panhandle, you can take steps to make your Texas business safer for customers and employees and demonstrate to insurers that you take risk reduction seriously. Installing a security system in your San Antonio storefront, upgrading the fire alarm and sprinkler system in your Galveston warehouse, or adding better lighting to the parking lot of your Austin arts complex can all result in an insurance discount.
Review your policy annually: The Texas economy is diverse and dynamic, with plenty of opportunities for small businesses to grow (just look at Austin's booming skyline). In this environment, it makes financial sense to review your BOP annually to make sure you always have the right amount of coverage. If you've downsized or sold equipment, you might be able to lower your insurance coverage limits and reduce your premium. Conversely, you might need to increase your coverage to make sure you’re adequately protected if you've added employees or opened an additional office.

What our expert says

Q: What’s the advantage of a BOP for small business?

Andy Lea Chief insurance officer at Embroker, a digital insurance company.

"BOPs are specifically designed for small businesses to be simple and integrate many coverages into one policy – coverages that larger organizations would have to buy separately."

Frequently asked questions

What is the average cost of a business owner’s policy (BOP) in Texas?

The average annual cost of BOP insurance for a small business in Texas is $877 annually or around $73 per month. However, the amount that your business will pay is contingent on a number of factors, including location, industry type, number of employees, and more. Talk with your insurance agent or broker to find out how much BOP insurance would cost for your small business.

What is BOP insurance and what does it cover?

A business owner's policy (BOP) is a convenient, bundled insurance package designed for small- to medium-sized Texas businesses. A BOP combines:

General liability insurance, which covers third-party claims of bodily injury and property damage. For example, if a customer slipped on the floor of your Houston showroom and broke a leg, this portion of your policy would cover your liabilities (up to coverage limits).
Commercial property insurance covers damage to your business location and property like inventory and equipment. For instance, if a burglar broke into your San Angelo jewelry store, damaged several display cases and then made off with a considerable amount of inventory, this portion of your BOP coverage would apply.

BOP insurance policies in Texas have separate coverage limits for general liability and commercial property insurance. The coverage limit is the most money your insurance company will pay for a single claim. BOPs also have a deductible for commercial property insurance, which is the portion of the claim you’re required to pay out of pocket before coverage kicks in.

How do I get a quote for BOP insurance in Texas?

Some commercial insurance companies doing business in Texas allow you to get a quote for BOP insurance online, but most require you to work with a local Texas agent or broker instead. Calling or visiting a local agent has the added advantage of personalized service from someone familiar with the local market and understands the unique risks to that area, such as climate risks or crime rates.

When you're ready to get a quote for Texas BOP insurance, you'll need to have the following information handy:

Your Texas business address
Number of employees
Annual revenue
Industry type
Any recent insurance claims

If you’re unsure how much coverage you need, a licensed Texas agent can help tailor recommendations to your industry risks, size, and budget. Once you have your quote, you can buy the policy or continue shopping around to compare rates.

Does the size of my business impact the cost of BOP insurance in Texas?

Yes. The size of your business is an important factor insurers consider when determining the cost of a business owner’s policy (BOP) in Texas. The number of employees you have directly affects your rates. More employees increase the potential for workplace injuries or incidents involving customers, which raises your liability and workers’ compensation exposure.

In addition, larger businesses typically own more equipment, maintain greater inventory, and may operate from multiple locations. This drives up the value of the property that needs coverage, resulting in higher property insurance costs within your BOP. Generally speaking, the bigger and more complex your business, the higher the risk profile, and the more you’ll generally pay for BOP coverage in Texas.