What is a commercial package policy?

A Commercial Package Policy (CPP) is a flexible insurance solution designed to protect businesses by combining multiple types of coverage into a single, cost-effective policy. Instead of buying several separate insurance policies, a CPP allows businesses to bundle essential coverages like property, liability, and more — saving both time and money.

For small and medium-sized businesses, this policy is a popular choice because it provides broad protection and can be customized to match the unique risks of different industries.

Why Businesses Choose a CPP

The main advantage of a commercial package policy is flexibility. Unlike a Business Owner’s Policy (BOP), which offers pre-set coverages, a CPP lets you choose exactly what your business needs.

Some benefits include:

• Customized coverage: Tailored protection for your industry and size.

• Cost savings: Combining coverages often lowers overall premiums.

• Simplified management: One policy instead of multiple separate contracts.

• Broader protection: More options and endorsements than a standard BOP.

What Does a Commercial Package Policy Cover?

A standard CPP can be tailored to include many types of insurance, such as:

Businesses can add or remove coverages based on their needs — making CPP one of the most adaptable commercial insurance solutions available.

CPP vs. BOP: What’s the Difference?

While both policies combine multiple coverages, they serve different purposes:

• BOP: Ideal for small, low-risk businesses. Offers pre-set coverage options.

• CPP: Ideal for growing or mid-sized businesses. Fully customizable and offers more coverage types.

If your business has specialized risks or requires more protection than a BOP can offer, a CPP is the better option.

Who Needs a Commercial Package Policy?

CPP is suitable for a wide range of businesses, including:

• Construction companies

• Manufacturing and wholesale businesses

• Retail chains

• Professional service firms

• Real estate agencies

• Technology companies

Essentially, if your business has significant property, multiple exposures, or higher liability risks, a commercial package policy can provide strong, flexible protection.

How Much Does a Commercial Package Policy Cost?

The cost of CPP insurance varies depending on factors such as:

• Business size and industry

• Number of locations

• Types and amount of coverage selected

• Claims history

• Annual revenue

Average CPP cost:

Tip: Working with an independent agency like Toby Hansen Agency can help you find the best coverage at the lowest rate by comparing nearly 100 carriers.

How to Get a Commercial Package Policy

1. Assess your risks: Understand your business exposures.

2. Choose coverages: Pick only what your business truly needs.

3. Get quotes: Compare rates from multiple insurers.

4. Bundle & save: Combine coverages into a CPP for lower costs.

5. Review annually: Adjust coverage as your business grows.

Google Featured Snippet Example

Question: What is a commercial package policy?
Answer: A commercial package policy (CPP) is a flexible insurance plan that combines multiple coverages—such as property and liability—into one customizable policy, giving businesses broad protection and cost savings.

Final Thoughts

A Commercial Package Policy offers businesses the flexibility and protection they need to grow with confidence. Whether you run a small shop or a multi-location company, CPP can be tailored to match your exact risk profile and save you money.

👉 Get your free CPP quote today. Toby Hansen Agency searches nearly 100 carriers to find you the lowest price with the most coverage.
✅ Fill out the form below to get your personalized quote in minutes.