What Are the Key Differences Between Liberty Mutual and Travelers Business Owner’s Policy?
Technology Errors and Cyber in the Package
Travelers describes its Technology Services BOP for small technology-services firms as bundling property, general liability, business income, cyber liability, and errors-and-omissions coverage. Liberty Mutual describes property and general liability, with cyber or professional liability available as optional additions. For an IT consultant or software developer, Travelers' stated package makes those technology-related protections part of the product description; ask Liberty Mutual's agent whether equivalent terms can be included and how they are written. [4] [1]
Industry Scope and How to Buy
Travelers lists technology-service examples including IT consulting, data processing, software development, web hosting, and computer repair, and directs buyers to an independent agent. Liberty Mutual positions its BOP for small businesses and directs buyers to independent agents. A technology business should describe its exact service mix to both providers and compare the class and package terms shown in each proposal. [4] [1]
What Should You Confirm in Liberty Mutual and Travelers Business Owner’s Policy Quotes?
- Ask Travelers whether your specific technology services fall within the listed class and what limits apply to cyber and E&O. [4]
- Ask Liberty Mutual's agent whether it can package cyber and professional liability with property and general liability. [1]
- Compare business-income terms, deductibles, exclusions, and any separate policy requirements. [4] [1]