Key Benefits
Comprehensive Liability Protection
The policy includes a suite of high-value liability coverages designed to help protect your operation, employees, and customers:
- $1M per occurrence / $2M aggregate standard limits, with optional higher limits
- Defense costs outside policy limits
- Personal & advertising injury coverage
- Property damage to borrowed equipment
- Blanket waiver of subrogation
- Newly acquired organizations – 180 days
- Medical payments coverage ($10,000 per person)
Optional Liability Enhancements Include:
- Blanket Additional Insured
- Data Breach & Cyber Liability
- Third-Party Defense & Liability
- EPLI (Employment Practices Liability)
- Professional Liability (up to $2M)
Broad Property Coverage to Protect Your Physical Assets
The Spectrum® BOP helps protect your building, equipment, and business personal property—including employee tools and tenant improvements. Standard property enhancements include:
- Equipment breakdown
- Electronic data coverage
- Debris removal
- Glass expense
- Limited fungi, bacteria, or virus coverage
- Preservation of property (45 days)
- Water/liquid damage (non-flood)
Revenue Protection
Keep your operations running even after a covered loss:
- Business Income – actual loss sustained for 12 months
- No waiting period on Business Income (standard)
- Extra Expense – actual loss sustained up to 12 months
- Dependent property income coverage
- Extended Business Income option up to 1 year
Optional Property Enhancements
Customize your policy with optional upgrades such as:
- Business Income for Electronic Vandalism
- Earthquake or Earthquake Sprinkler Leakage
- False Pretense
- Green Upgrades
- Perishable Goods in Transit
- Outdoor signs (up to $1M limit)
- Hired Auto Physical Damage
Optional Coverage Enhancements
Stretch® Property Coverage Packages – Enhance your Business Owner’s Policy with four levels of Stretch® endorsements that bundle dozens of valuable property coverages into one package. Each tier increases key limits and adds protection for digital operations, utilities, transit, equipment, and more. Contact your agent to learn more.
Contact Information
Office Address
AMBA
4050 114th Street
Urbandale, Iowa 50322
Application Mailing Address
Customer Service
AMBA
PO Box 14533
Des Moines, IA 50306
Phone
Opening Hours
Monday - Friday 8:00 AM - 5:00 PM CT
Why Choose Spectrum® Business Owner’s Policy?
Industry-Leading Coverage
The Hartford is known for delivering broad protection tailored to the evolving risks businesses face today. Their BOP continues to earn strong market confidence thanks to flexible options, competitive coverage breadth, and modern enhancements.
Built for Today’s Property Market
With rising construction costs and increasing weather-related claims, accurate insurance-to-value (ITV) matters more than ever. The Hartford emphasizes strong property valuation and proactive protection to help prevent underinsurance.
Supports Well-Maintained Properties
Businesses with the following characteristics benefit most from Spectrum®’s preferred pricing and coverage profile:
- Newer buildings
- Updated fire sprinklers & extinguishers
- Clean & maintained interiors/exteriors
- No debris around the building
- Protected gas meters
- Fire-resistant construction
Frequently Asked Questions
What makes Spectrum® different from other BOP policies?
Spectrum® offers one of the broadest sets of automatic coverages in the small-commercial market, plus a large suite of optional add-ons such as cyber, professional liability, and extended business income.
Can I add more than one location?
Yes. The policy supports multi-location businesses, and even applies a per-location aggregate limit for additional protection.
Does this include cyber coverage?
Yes. Cyber Virus & Malware Coverage is included at $25,000, with optional higher limits available. Data Breach and PCI loss coverage can also be added.
Is equipment breakdown included?
Yes—subject to covered property limits—with sublimits for expediting expenses and hazardous substances.