Chubb vs 
TechInsurance: How Do They Compare for Workers’ Compensation Insurance?
Chubb underwrites directly for small businesses up to $30 million in revenue; TechInsurance reports a median cost of $54 a month through a short online application.
Chubb underwrites small-business workers' compensation directly but does not publish pricing on its product page. TechInsurance arranges the coverage and reports a median cost of $54 a month across its policyholders, and names four states that require buying from a state fund instead. 1,3
What Are the Key Differences Between Chubb and TechInsurance Workers’ Compensation Insurance?
Publishing a Price Point Versus Not
Chubb's page does not publish specific dollar limits or premium figures, describing employer liability limits only as "various." 1
TechInsurance says its workers' compensation policyholders pay a median of $54 per month, or about $643 a year, with the exact cost depending on employee count, location, claims history, policy limits, payroll and industry risk factors. 3Company-reported. Workers' compensation product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.
TechInsurance arranges rather than underwrites the policy, so that median figure describes its own book of business across whichever carriers it places, not a single insurer's rate like Chubb's. 3
A State-Fund Carve-Out Chubb's Page Doesn't Address
Chubb's page states an eligibility range, from one employee up to $30 million in revenue, without addressing state-fund requirements. 1
TechInsurance names Wyoming, Washington, Ohio and North Dakota as monopolistic states requiring purchase through a dedicated state fund rather than a private carrier, meaning it cannot place private coverage there the way it can elsewhere. 3
Structuring Payments for Small Accounts
Chubb's documented application path is a quote request online or through an appointed broker's Chubb Appointment, without describing payment-plan options. 1
TechInsurance mentions pay-as-you-go and minimum-premium policy structures as options for very small businesses, alongside licensed agents available to help with the online application. 3
What Should You Confirm in Chubb and TechInsurance Workers’ Compensation Insurance Quotes?
- Ask TechInsurance which carrier it is proposing and whether the median $54-a-month figure applies to businesses like this one. 3
- Ask TechInsurance whether the business's state is one of the four monopolistic states, since it cannot place private coverage there. 3
- Ask Chubb for the specific employer liability limit, since its page describes the option without a dollar figure. 1
- Confirm the business's revenue and class fall inside Chubb's published eligibility range before applying directly. 1
- Ask TechInsurance whether a pay-as-you-go or minimum-premium structure would apply, and how that changes the audit process. 3
Chubb vs TechInsurance Workers’ Compensation Insurance Compared
Chubb vs TechInsurance: Workers’ Compensation Insurance: documented features by provider
| Criteria | Chubb Small Business Workers' Compensation Insurance | TechInsurance Workers' Compensation Insurance |
|---|---|---|
| Who It’s For | Chubb says this policy covers small businesses with as little as one employee up to $30 million in revenue, across a wide range of classes including technology. 1,2Company-reported. Coverage-highlights list on the small-business workers' compensation page. | TechInsurance says workers' comp requirements vary by state: most states require coverage once a business hires its first employee, Texas and South Dakota do not mandate it, and some states such as California require it for certain contractors even with no employees. 3Company-reported. Workers' compensation product page, Are you legally required to carry workers' comp insurance? section. |
| How to Apply | You can request a quote online, or an appointed independent agent or broker can apply for a Chubb Appointment to place the policy. 1Company-reported. Small-business workers' compensation page quote call-to-action for business owners and for agents and brokers. | You request workers' compensation quotes online through a short application; TechInsurance says licensed agents are available to help, and mentions pay-as-you-go and minimum-premium policy structures as options for very small businesses. 3Company-reported. Workers' compensation product page, How can I save money on workers' comp coverage? section. |
| Coverage Features | Chubb lists coverage for medical expenses and lost wages, a waiver of subrogation option, various employer liability limits, and occasional international travel coverage available through a foreign package policy. 1Company-reported. Coverage-highlights list; specific options depend on the issued policy. | TechInsurance says workers' compensation covers emergency and ongoing medical treatment for work injuries and illnesses, partial wage replacement during recovery, employer's liability coverage for related lawsuits, and death benefits including funeral costs and family financial support. 3Company-reported. Workers' compensation product page; general policy description, not a specific policy form. |
| Role in This Line | Chubb underwrites workers' compensation insurance directly for small businesses, crafted to pair with a Chubb BOP for combined policy and claims service. 1Company-reported. Workers' Compensation for Small Business product page. | TechInsurance arranges workers' compensation insurance for small businesses; the reviewed page describes it as a legally required policy in most states rather than a proprietary product. 3Company-reported. Workers' compensation product page. |
