Which of the following is NOT a feature of a typical Business Owners Policy?

In the context of a Business Owners Policy (BOP), the characteristic of "Usually Actual Cost Valuation" is not typically included. A BOP generally provides coverage on a Replacement Cost basis rather than an Actual Cash Value basis. Replacement Cost coverage allows for the full cost to replace damaged property without deducting for depreciation, which is a significant advantage for business owners needing to cover losses effectively.

On the other hand, features of a BOP like Extra Expense coverage, liability protection for lawsuits stemming from accidents or products, and built-in inflation protection are standard inclusions. Extra Expense coverage helps ensure that businesses can continue operations after a loss by covering additional costs incurred during the recovery process. Liability protection is crucial as it safeguards businesses against legal liabilities that could arise from accidents or injuries related to their products or services. Built-in inflation protection allows policy limits to automatically adjust to keep pace with rising costs, ensuring adequate coverage as values increase over time.