BTIS BOPs

At HIMI, we know that small businesses are the backbone of our islands’ economy. To complement our current offerings, we’ve partnered with BTIS to offer more options for their insurance needs: streamlined Business Owners policies with comprehensive coverage, designed specifically for small businesses. 

BTIS’ platform enables HIMI to provide expedited quoting and binding, making the experience simple, fast and easy for agents. With decades of expertise and access to multiple competitive carriers, BTIS provides flexible, reliable coverage with service you can count on. Together, HIMI and BTIS are here to serve small business clients across Hawaiʻi with practical, affordable insurance solutions. 

Q: What is a Business Owners Policy? 

A: A BOP combines multiple insurance coverages into one convenient policy. It can be an effective and affordable solution for small to mid-size businesses, providing multiple coverage needs under one policy.  

Q: What coverages are typically included in a BTIS BOP? 

A: A BOP usually includes property, general liability, and business income (business interruption) insurance. Additional coverages may be available.  

Q: What types of businesses qualify for a BOP? 

A: Generally, small to mid-sized, low-hazard businesses qualify for a BOP. Common examples include cafes and restaurants, retail stores, offices, animal care services, and professional services.  

Q: Can home-based businesses qualify for a BOP? 

A: Some home-based businesses can qualify for a BOP, depending on the type of work they perform and whether it fits the carrier’s appetite. 

Q: How does a BOP differ from a Commercial Package Policy (CPP)? 

A: A BOP is more standardized and cost-effective, while a CPP allows greater customization of coverage. 

Q: Can a BOP grow with the client? 

A: Generally, a BOP can grow with a client to a limited extent. Once that business becomes larger, more complex, or requires specialized coverage, transitioning to a Commercial Package Policy may be most appropriate.