Gallagher vs Heffernan: Business Owner’s Policy

Gallagher lets almost any small business with a workspace start a BOP online, by phone or by callback, and arranges it with partner carriers; Heffernan Insurance Brokers arranges BOPs for small and growing companies and will build a custom package for niche industries.

Montgomery Risk Partners prepared this library from Spot.Insure comparison research and underlying public records.Research updated 2026-09-25

Gallagher tells you up front what its BOP covers and what it excludes. Heffernan describes its package only in general terms, but serves SBA-size businesses across named industries and will research a package for niches it doesn’t list.

Sources and records

  1. 01
    Business Owners Policy

    Gallagher Small Business · Coverage Overview; What's covered under the bundle; What's NOT covered?; Do you need a BOP?; Get Covered Now · accessed 2026-09-23

  2. 02
    Connect With an Advisor

    Gallagher Small Business · Form fields from company name through annual revenue; acknowledgment · accessed 2026-09-16

  3. 03
    Small Business Insurance

    Heffernan Insurance Brokers · Tailor-Made Insurance for Small Businesses; types of coverage we can provide including business owner's policy; industry list; U.S. Small Business Administration size definition · accessed 2026-09-23

  4. 04
    Business Interruption and Business Owner Policy

    National Association of Insurance Commissioners · Background; General liability, Commercial property and Business interruption bullets · accessed 2026-09-16

  5. 05
    Small Business

    National Association of Insurance Commissioners · FAQ: What’s a business owners policy?; What’s general liability insurance · accessed 2026-09-16

What Are the Key Differences Between Gallagher and Heffernan Insurance Brokers Business Owner’s Policy?

What You Know Before You Quote

Gallagher lists each liability piece: bodily injury, third-party property damage, personal and advertising injury, third-party medical costs and legal defense. It adds property for a rented space and the equipment in it. Heffernan says only that its BOP bundles major property and liability risks. If you want to check coverage against a lease or contract before calling, Gallagher gives you more to work with. [1] [3]

Whether Your Business Fits

Gallagher treats nearly any small business with a workspace, customer data, staff or equipment as a BOP candidate. Heffernan uses the SBA test of fewer than 500 employees or under $7 million in receipts, names construction, food, health care, hospitality, real estate, technology and transportation, and offers custom research for other niches. Choose Heffernan if your industry is unusual and you want a broker to build the package; choose Gallagher if you’re a typical small business wanting clear terms up front. [1] [3]

Neither Is the Insurer

Both are brokers, so the company paying claims is someone else. Gallagher places its BOP with a partner carrier it doesn’t name; Heffernan doesn’t name one either. [1] [3]

What Should You Confirm in Gallagher and Heffernan Insurance Brokers Business Owner’s Policy Quotes?

  • Ask both which insurer issues the policy. [1] [3]
  • Ask Gallagher which of its published exclusions apply to your quote. [1]
  • Ask Heffernan whether your industry is on its list or needs custom research. [3]
  • Get limits and deductibles from both quotes; neither publishes them. [1] [3]

Provider coverage details

Gallagher

  • role: Gallagher Small Business arranges a business owner's policy as a bundled package rather than underwriting it directly; the policy is placed with one of its partner carriers. Gallagher Small Business's direct-to-small-business BOP product page.company-reportedSource ↗
  • coverage: Gallagher describes the BOP as bundling general liability (bodily injury, third-party property damage, personal and advertising injury, third-party medical expenses, defense costs) with business property coverage for a rented space and the equipment inside it. Product page coverage overview; the issued policy and its exclusions control.company-reportedSource ↗
  • coverage: Gallagher lists damage to a business's own equipment and rented property, employee on-the-job injuries, malpractice, employee discrimination or fraud, intentional injury, and failure to protect sensitive information as not covered by the BOP. Product page "What's NOT covered?" list; exclusions can vary by the carrier and form actually issued.company-reportedSource ↗
  • eligibility: Gallagher says almost every small business that owns or rents its workspace, holds customer data, employs staff, or owns equipment such as computers and furniture is a candidate for a BOP. Product page "Do you need a BOP?" criteria; actual acceptance depends on underwriting.company-reportedSource ↗
  • insurer: The BOP product page does not name the insurer that would issue a given business's policy. Checked the BOP product page on 2026-09-23; no carrier is named there for this specific product.not-disclosedSource ↗
  • limits: The BOP product page does not publish limits, deductibles or premium ranges; it directs prospective buyers to request a quote instead. Checked the BOP product page on 2026-09-23.not-disclosedSource ↗
  • application: Gallagher offers three ways to start a BOP: an online quote form, a phone line for a small business advisor (1-833-292-9441, Monday through Friday, 8 a.m. to 5 p.m., continental U.S.), or a scheduled callback request. Product page "Get Covered Now" section.company-reportedSource ↗

Heffernan Insurance Brokers

  • role: Heffernan's small-business division arranges a business owner's policy (BOP) for small and growing companies as one of several coverages it places. Heffernan describes itself as the source businesses go to for insurance, not as the insurer. Small Business Insurance page description of the division and its BOP offering.company-reportedSource ↗
  • coverage: Heffernan describes a business owner's policy as a package that combines protection for a company's major property and liability risks in one bundle, assembling the basic coverages a business owner needs. Small Business Insurance page's coverage-type list. Specific insuring agreements and exclusions are not detailed there.company-reportedSource ↗
  • eligibility: Heffernan's small-business insurance targets companies the U.S. Small Business Administration defines as having fewer than 500 employees or less than $7 million in annual receipts, ranging from sole proprietors working from home to fast-growing companies, across industries it lists including construction, food, health care, hospitality, real estate, technology and transportation. Small Business Insurance page's eligibility and industry-list sections.company-reportedSource ↗
  • services: Heffernan says its small-business division focuses entirely on the needs of small-business clients and will research and build a custom-designed package for an industry or niche not listed on the page. Small Business Insurance page description of the division's approach.company-reportedSource ↗
  • limits: The small-business page does not publish BOP limits, deductibles or premium ranges. It cites only general statistics on the cost of small-business lawsuits, not Heffernan's own policy terms. Checked the Small Business Insurance page on 2026-09-23.not-disclosedSource ↗
  • insurer: The small-business page does not name the insurer that would issue a business owner's policy arranged through Heffernan. Checked the Small Business Insurance page on 2026-09-23. The issuing insurer would appear on the quote and declarations.not-disclosedSource ↗

Use this comparison as a starting point for a discussion about your business and its insurance needs.

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