What Are the Key Differences Between Chubb and Hiscox Business Owner’s Policy?
Small Online Buyer or Growing Mid-Size Firm
Both companies write their own BOPs, so the company you buy from is the one that pays claims. Hiscox aims at small businesses buying online through its Hiscox NOW catalogue and publishes no revenue ceiling as high as Chubb's. Chubb takes businesses up to $30 million in revenue in more than 500 classes, which leaves room to grow before you outgrow the policy. Choose Hiscox if you're a small business in a state it writes and want to buy online; choose Chubb if Hiscox excludes your state, you're heading toward eight-figure revenue, or you want a broader menu of enhancements. [6] [5] [1]
Where Hiscox Won't Write
Hiscox's 2026 appetite guide rules out its BOP in seven states. If you're based in one of them, Hiscox isn't an option for this policy. Chubb's BOP page lists no state exclusions, so ask about your state when you request a quote. [8] [1]
Add-Ons
Hiscox offers cyber, hired and non-owned commercial auto and commercial crime as add-ons. Hired auto and crime are tied to the BOP occurrence limit and aren't sold as standalone Hiscox policies, so you can't buy more of either than the BOP allows. Chubb lists privacy and data breach, employment practices liability, foreign liability with kidnap and ransom, equipment breakdown, water backup and crime, and its Total Account Solution for adding other Chubb lines. If you have overseas travel or staff, only Chubb names foreign cover. [9] [7] [1]
What Should You Confirm in Chubb and Hiscox Business Owner’s Policy Quotes?
- Check your state against Hiscox's seven-state exclusion list before you start a quote. [8]
- Ask Chubb whether your class and revenue fit its BOP. [1]
- Ask how much hired auto and crime cover you actually get under the BOP limit. [9] [1]
- Get limits in writing; neither publishes standard limits, and Hiscox's California IT table is only illustrative. [6] [1]