What Are the Key Differences Between Chubb and Gallagher Business Owner’s Policy?
How Much the Package Can Grow
Chubb's BOP is a base you can build on: privacy and data breach, employment practices liability, equipment breakdown, water backup, crime and foreign liability with kidnap and ransom. Gallagher's package is general liability plus property for a rented space and the equipment in it, and it states that damage to your own equipment, employee injuries, malpractice, discrimination, intentional injury and failure to protect sensitive data aren't covered. Choose Chubb if you hold customer data or want crime and EPLI in one policy; choose Gallagher if you rent a small space and want a broker to handle a basic package. [1] [5]
Who Pays Your Claim
Chubb is the insurer, and it reports round-the-clock claim reporting for small commercial policies. Gallagher places your BOP with one of its partner carriers and doesn't name it, and its BOP page gives no claims hours. [1] [2] [5]
Reaching a Person
Gallagher gives you more ways in: an online form, a weekday advisor line at 1-833-292-9441, or a scheduled callback. Chubb takes an online quote request or works through an appointed independent agent. [6] [1]
What Should You Confirm in Chubb and Gallagher Business Owner’s Policy Quotes?
- Ask Gallagher which partner carrier issues the policy and how you report a claim. [5]
- Ask Chubb whether damage to equipment you own is covered, since Gallagher's page excludes it. [1] [5]
- Check that your class and revenue, up to $30 million, qualify for Chubb. [1]
- Get limits from both; neither publishes them. [1] [5]