Chubb vs 
Hiscox: How Do They Compare for Business Owner’s Policy?
Both are insurers. Chubb covers small businesses up to $30 million in revenue and offers 24/7 claims reporting; Hiscox sells online but is unavailable in seven states, including Florida and Ohio.
Hiscox lets a small business buy a BOP online, but not in Alaska, Florida, Kansas, Ohio, Rhode Island, Washington or West Virginia. Chubb's BOP stretches to businesses with up to $30 million in revenue across more than 500 classes. 5,6,7,9,1,8
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. 5 8 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. 9 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. 6 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. 9
- 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. 6 1
- Get limits in writing; neither publishes standard limits, and Hiscox's California IT table is only illustrative. 5 1
Chubb vs Hiscox Business Owner’s Policy Compared
Chubb vs Hiscox: Business Owner’s Policy: documented features by provider
| Criteria | Chubb Business Owner's Policy (BOP) Insurance | Hiscox Business Owner's Policy |
|---|---|---|
| Who It’s For | Chubb says its BOP is available to small businesses with up to $30 million in revenue across more than 500 business classes, including technology, healthcare, retail, manufacturing and financial services. 1Company-reported. Chubb BOP eligibility list; a specific business's eligibility depends on underwriting. | Hiscox's 2026 appetite guide says its business owner's policy is unavailable in Alaska, Florida, Kansas, Ohio, Rhode Island, Washington and West Virginia, a narrower footprint than the 49-state-plus-D.C. availability Hiscox states for its overall online small-business catalogue. 9Company-reported. State-exception list as of the 2026 agent appetite guide; does not by itself establish eligibility for a specific class or business. |
| How to Apply | You can request a Chubb BOP quote online, or an appointed independent agent or broker can apply for a Chubb Appointment to place the policy on your behalf. 1Company-reported. Chubb BOP product page call-to-action sections for business owners and for agents and brokers. | Hiscox says eligible buyers can quote and buy a business owner's policy online, and can select add-on coverages such as cyber or commercial crime during that process where available. 5Company-reported. Company-described online application; eligibility and binding conditions require confirmation on the actual application. |
| Coverage Features | Chubb lists optional BOP enhancements including privacy and data breach coverage, employment practices liability, foreign liability with kidnap and ransom, equipment breakdown, water backup and sump overflow, and crime coverage such as forgery and employee dishonesty. 1Company-reported. Chubb BOP coverage-highlights list; availability of any enhancement depends on the issued policy and state. | Hiscox describes optional add-ons to its business owner's policy including cyber coverage, hired/non-owned commercial auto, and commercial crime; hired/non-owned auto and commercial crime are described as upgrades tied to the BOP's own occurrence limit and are not sold as standalone Hiscox policies. 5,6,7Company-reported. Product-page and upgrade-page descriptions; commercial crime is also stated as not available in all states. |
| Role in This Line | Chubb underwrites its Business Owner's Policy directly, combining property and liability coverage into a single package positioned as the foundation of a small business's insurance portfolio. 1Company-reported. Chubb BOP product page; describes Chubb's own packaged small-business offering. | Hiscox Inc. sells a business owner's policy directly online to small businesses, combining general liability and commercial property into one package as part of its Hiscox NOW admitted catalogue. 5,8Company-reported. Company-stated online small-business channel. |
