What Are the Key Differences Between Hiscox and The Hartford Business Owner’s Policy?
Where You Can Buy and What's Built In
Hiscox's BOP isn't available in Alaska, Florida, Kansas, Ohio, Rhode Island, Washington or West Virginia; businesses there can rule it out now. The Hartford builds business income into the base policy, so a covered shutdown replaces lost revenue without an add-on. Both write their own BOPs and let you quote online. Choose The Hartford if you're in one of Hiscox's excluded states or want workers' compensation, commercial auto and professional liability from the same insurer; choose Hiscox if you want cyber, hired auto or crime folded into the BOP itself. [4] [8] [2]
Add-Ons
The Hartford lets you add workers' compensation, professional liability, commercial auto, data breach and off-premises utility business-income cover. Hiscox's upgrades are cyber, hired and non-owned auto and commercial crime, tied to the BOP occurrence limit. If a utility outage down the street could close you, only The Hartford names cover for that. [8] [2]
Price Signals
The Hartford says customers paid an average of $1,687 a year, which gives you a budget benchmark. Hiscox shows only an illustrative table for a California IT consultant, labeled as not a quote, and neither publishes standard limits. The Hartford also lists a phone number if you'd rather not quote online. [8] [2]
What Should You Confirm in Hiscox and The Hartford Business Owner’s Policy Quotes?
- Check your state against Hiscox's exclusion list. [4]
- Ask which Hartford subsidiary issues your policy; it varies by product and state. [9]
- Check whether Hiscox's quote includes business income, since The Hartford's does by default. [8] [2]
- Treat The Hartford's $1,687 figure as an average, not your premium. [8]