Similarities:

Both General Liability Insurance and a BOP provide liability coverage

Both policies typically include coverage for legal defense costs associated with liability claims. This can help cover attorney fees, court costs, settlements, or judgments.

Differences:

General Liability Insurance focuses solely on liability protection. It does not include coverage for property or business interruption. BOP combines liability coverage with property insurance and often includes business interruption coverage, which helps compensate for lost income/ongoing expenses if your business operations are temporarily disrupted due to a covered event.

A BOP is a packaged policy that combines multiple coverages into a single policy, more convenient and cost effective. General Liability Insurance is a standalone policy solely focused on liability coverage.

General Liability Insurance policies can be tailored to some extent by adding optional endorsements or additional coverages. BOP offers a more comprehensive package with pre-packaged coverages, making it a convenient choice for small to medium-sized businesses that want a standardized yet broad insurance solution.