Liberty Mutual Businessowners Policy (BOP) Refund

Taking care of our customers, employees and agents is a top priority for Liberty Mutual Insurance. We recognize the uncertainty and financial challenges many of our mutual customers are facing due to COVID-19. To help Liberty Mutual small commercial customers, we have taken the following actions:

Liberty Mutual Businessowners Policy (BOP) Refund
Today, we’re announcing a 15% refund on two months of premium for all Businessowners policies, including those that are written as part of a specialty program.

Here’s what you can expect:

  • Small commercial customers will receive a 15% refund of two months of their annual BOP premium for policies in-force as April 1, 2020, pending regulatory approval.
  • The refunds will begin in the upcoming weeks and will be issued by check.
  • The payments will happen automatically. Customers do not need to call Liberty Mutual to receive the refund.

 Payment flexibility options

  • Late fee charges have been automatically stopped and cancellations due to non-payment have been temporarily paused for small commercial customers from March 23 through at least June 1, 2020.
  • We continue to work with individual customers to extend payment dates if needed and provide personalized support.

Other small business customer support

  • We are temporarily offering Hired and Non-Owned Auto coverage to our existing restaurant and other main street business policyholders to fill insurance gaps if they decide to add delivery to their service.
  • We are suspending non-renewals with policy effective dates of April 1 through July 31.

Request Your Proposal Here

Are you ready to save time, aggravation, and money? The team at Oklahoma Insurance Group is here and ready to make the process as painless as possible. We look forward to meeting you!

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