Coterie Insurance Business Owner’s Policy
Coterie Business Owner's Policy (BOP)
Coterie distributes its BOP only through appointed agents and brokers, not directly to businesses; its SimplyBind platform lets an agent quote and bind a policy after entering the client's business name and address. 1Company-reported. Business Owners Policy page 'Ready, set, and bind' and 'How it Works' sections.
Issuing Insurer
Coterie says its BOP is an admitted product backed by an 'A-rated EXCELLENT' carrier rating, but the reviewed pages do not name the specific underwriting insurer for the BOP. 1Company-reported. 'Cutting edge solutions' paragraph on the BOP page.
Who It’s For
Coterie's BOP brochure sets qualification criteria of up to 50 employees (15 for contractors), up to $10M in revenue ($5M for contractors), and up to $1M in building property total insured value. 2Company-reported. BOP brochure 'Criteria Qualification' table.
Coverage Features
Coterie's base BOP combines commercial property, general liability, and business-interruption coverage, using the Special Causes of Loss form BP 00 03, and includes coverage extensions such as accounts receivable, business income from dependent properties, electronic data, and forgery or alteration. 1,2Company-reported. BOP page bundle description and BOP brochure 'Coverages Included In Coterie's Base Policy'.
Coterie lists optional endorsements for the BOP including employment practices liability, hired and non-owned auto liability, liquor liability, equipment breakdown, employee dishonesty, and unmanned aircraft/drone liability (excluding hull coverage). 2Company-reported. BOP brochure 'Additional Coverage Extensions and Limits Available' and 'BOP Liability Highlights' lists.
Limits and Retentions
Coterie's BOP offers liability and medical-expense limit options of $300,000/$500,000/$1,000,000/$2,000,000 per occurrence, with products/completed-operations and other-than-products aggregates set at two times that limit, and $5,000 in medical expenses per person; $2,000,000/$4,000,000 liability limits are not available for contractors in CA, CO, FL, NY, or TX, or when liquor liability is selected. 2Company-reported. BOP brochure 'BOP Liability Highlights' and 'Available Limits' table.
How to Apply
Coterie says agents confirm a client's business name and address, select an industry, confirm prefilled business details, then customize and bind coverage, all in minutes, and claims this is 75%+ faster than traditional processes. 1Company-reported. 'SimplyBind Experience' four-step walkthrough on the BOP page; speed figure is company-reported.
Coterie Insurance Business Owner’s Policy Compared
Other Coterie Insurance Coverage Lines
Sources
- What is a Business Owners Policy for a small business? Coterie Insurance; BOP definition; 'Cutting edge solutions' paragraph (admitted products in all 50 states, A-rated EXCELLENT carrier ratings); SimplyBind quote-and-bind steps. Accessed 2026-09-23.
- Business Owner's Policy (BOP) Product Highlights for Agents and Brokers. Coterie Insurance; Criteria Qualification (Employees, Revenue, Building Property); BOP Property Highlights and coverage extensions; BOP Liability Highlights and limit options; Mandatory Countrywide BOP Policy Forms list. Accessed 2026-09-23.
