Risklytics vs Simply Business: General Liability Insurance

Risklytics is a licensed producer placing general liability with carriers wanting robotics and hardware risk, citing a typical request of $1 million per incident and $2 million a year; Simply Business points buyers to an online quote flow where a quote is not guaranteed.

Montgomery Risk Partners prepared this library from Spot.Insure comparison research and underlying public records.Research updated 2026-09-30

What Are the Key Differences Between Risklytics and Simply Business General Liability Insurance?

Specialist appetite and stated limits

Risklytics says it places general liability with insurers interested in robotics and hardware risks, and describes $1 million per incident and $2 million total per year as a typical requested limit, not a guarantee. Simply Business gives examples including sole proprietors, LLCs and independent contractors, without publishing comparable limit figures in this record. A hardware company should confirm both carrier appetite and the actual declarations limits rather than treating a typical request as an offer. [5] [7]

Application and producer involvement

Risklytics uses an online application and says a licensed producer stays on the file until binding; its record says the carrier pays the commission from premium. Simply Business also starts online, but states panel approval is required before binding. Ask who will resolve underwriting questions and identify the insurer before relying on either quote. [6] [8]

What Should You Confirm in Risklytics and Simply Business General Liability Insurance Quotes?

  • Ask Risklytics which specialist carrier is quoting and whether your actual per-occurrence and aggregate limits match the typical request. [5]
  • Ask Simply Business which panel carrier accepts your hardware class and who handles open questions before approval. [8]

Risklytics says it places robotics and hardware risks with specialist insurers and cites a typical $1 million per-incident, $2 million annual limit request. Simply Business describes general small-business examples and requires panel approval; neither figure is a guaranteed quote.

Sources and records

  1. 01
    Commercial Insurance Guide

    California Department of Insurance · Commercial General Liability; Commercial Automobile; What Should I Expect from a Broker-Agent?; How Are Commercial Policies Rated? · accessed 2026-09-16

  2. 02
    Commercial general liability insurance

    Insurance Information Institute · Coverage A; Coverage B; Coverage C; Purchasing commercial general liability insurance · accessed 2026-09-16

  3. 03
    Commercial General Liability Coverage Form

    ISO; specimen hosted by Hiscox · I.A pp.1–5; I.B pp.6–7; I.C pp.7–8; Supplementary Payments p.8; II pp.9–10; III p.10; IV pp.10–12 · accessed 2026-09-16

  4. 04
    About Risklytics: who we are

    Risklytics · “What we do”; Licensing: Risklytics Insurance Services, National Producer Number 22311838, resident license Massachusetts · accessed 2026-09-23

  5. 05
    General Liability Insurance

    Risklytics · Coverage line: General Liability; Built for moments like these; When to buy; Who requires it; How hard to get; Common questions · accessed 2026-09-23

  6. 06
    How pricing and broker fees work

    Risklytics · Buying direct / Generic broker / Risklytics comparison table: no broker fee, commission paid by the carrier out of premium · accessed 2026-09-23

  7. 07
    General Liability Insurance for a Small Business

    Simply Business · Coverage lines 51–75; audience lines 61–65, 153–155; application and examples elsewhere on page. · accessed 2026-09-29

  8. 08
    Terms of Service

    Simply Business · Dated June 30, 2026; §1 lines 22–28; §8 lines 87–113; §10 lines 143–149; §19 line 211. · accessed 2026-09-29

Provider coverage details

Risklytics

  • role: Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics General Liability Insurance with outside carriers; it says it does not underwrite policies itself. About page; describes Risklytics' brokerage model generally, restated for this line.company-reportedSource ↗
  • coverage: Risklytics describes General Liability as responding when someone outside the company is hurt or their property is damaged, giving examples of a falling bracket damaging customer equipment and a visitor tripping at a demo, and says it does not respond to a customer's financial loss from a product failure (that falls under Tech E&O). Lines page; the issued policy and declarations control actual coverage.company-reportedSource ↗
  • eligibility: Risklytics says buyers typically need this coverage at their first lease, customer contract, or on-site visit, and that landlords, customers and site owners require it before a client signs a contract or sets foot on site. Lines page.company-reportedSource ↗
  • limits: Risklytics lists a typical ask of $1 million per incident and $2 million total per year for this line, describing it as a typical requested limit rather than a guaranteed policy limit. Lines page; actual limits are set on the bound policy.company-reportedSource ↗
  • services: Risklytics says this line “needs the right insurers” because machines operating around people make generic insurers wary, and that it places with carriers that specifically want robotics and hardware risk. Lines page.company-reportedSource ↗
  • insurer: Risklytics does not name the carrier that underwrites Risklytics General Liability Insurance on its site. It says it places business with specialist insurers willing to write robotics, autonomy and AI risk; the issuing carrier appears on the bound policy. Lines page and about page; no specific insurer is published for this line.company-reportedSource ↗Source ↗
  • application: You start Risklytics General Liability Insurance through Risklytics' online application. Risklytics says there is no broker fee on top of the premium and a licensed producer stays on the file until the program binds; its commission is paid by the carrier out of the premium either way. Pricing page describes the general application and fee process, not a line-specific form.company-reportedSource ↗Source ↗

Simply Business

  • coverage: The company describes general liability as potentially addressing third-party accidents, bodily injury, third-party property damage and legal-defense costs. Its page says employee injuries are not covered by this line. This is educational material, not a policy form. Company-published general-liability information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer.company-reportedSource ↗
  • eligibility: The page discusses sole proprietors, partnerships, LLCs, home-based businesses, independent contractors and freelancers as examples of small-business buyers. Examples do not guarantee a carrier quote or eligibility. Company-published general-liability information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer.company-reportedSource ↗
  • application: Simply Business directs buyers to an online quote flow; its Terms say a quote is not guaranteed and the producer cannot bind a risk without panel-member approval. Company-published general-liability information for U.S. small businesses; availability and actual policy terms depend on the insurer, state and buyer.company-reportedSource ↗Source ↗

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

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