Which of the following is NOT covered under a Business Owners Policy?

A Business Owners Policy (BOP) is designed to provide comprehensive coverage for small to medium-sized businesses, but it has specific limitations regarding the types of risks it covers.

Employee theft is not included under a standard BOP. Instead, coverage for employee theft is typically offered through a separate policy known as Employee Dishonesty or Crime Insurance. This type of coverage is necessary for businesses that want protection against losses incurred due to dishonest acts committed by employees, such as theft of cash or property.

On the other hand, liability for property damage, loss of business income, and physical damage to buildings are fundamental components of a BOP. The policy generally includes protection for damages that the business might be liable for, reimbursement for lost income resulting from a covered loss, and coverage for physical damage to owned buildings and contents. Therefore, while these three are covered under a BOP, employee theft necessitates additional, specialized coverage.