What proportion of a commercial property could be covered under a business owner's policy?

A business owner's policy (BOP) is designed to provide comprehensive coverage for small to medium-sized businesses, integrating various types of insurance into one package. This typically includes property insurance for buildings and personal property, as well as liability insurance.

The correct answer indicates that a BOP can cover up to 100% of the property value, which means it encompasses the full replacement cost for the covered property up to the policy limits. This coverage is beneficial for business owners as it safeguards their assets against a variety of risks, ensuring they can recover from potential losses without significant out-of-pocket expenses.

Options that suggest a proportion less than 100% imply limitations that are generally not inherent to a well-structured BOP, making it less comprehensive. A business owner should ensure that their policy reflects the entirety of their insurable interest in the property for maximum protection.