Coterie Insurance vs Gallagher Business Owner’s Policy

Coterie distributes its BOP only through appointed agents and brokers, not directly to businesses; its SimplyBind platform lets an agent quote and bind a policy after entering the client's business name and address. ⁴Company-reported. Business Owners Policy page 'Ready, set, and bind' and 'How it Works' sections.

Gallagher Small Business arranges a business owner's policy as a bundled package rather than underwriting it directly; the policy is placed with one of its partner carriers. ¹¹Company-reported. Gallagher Small Business's direct-to-small-business BOP product page.

Coterie says its BOP is an admitted product backed by an 'A-rated EXCELLENT' carrier rating, but the reviewed pages do not name the specific underwriting insurer for the BOP. ⁴Company-reported. 'Cutting edge solutions' paragraph on the BOP page.

The BOP product page does not name the insurer that would issue a given business's policy. ¹¹Not publicly disclosed. Checked the BOP product page on 2026-09-23; no carrier is named there for this specific product.

Coterie's BOP brochure sets qualification criteria of up to 50 employees (15 for contractors), up to $10M in revenue ($5M for contractors), and up to $1M in building property total insured value. ⁵Company-reported. BOP brochure 'Criteria Qualification' table.

Gallagher says almost every small business that owns or rents its workspace, holds customer data, employs staff, or owns equipment such as computers and furniture is a candidate for a BOP. ¹¹Company-reported. Product page "Do you need a BOP?" criteria; actual acceptance depends on underwriting.

Coterie's base BOP combines commercial property, general liability, and business-interruption coverage, using the Special Causes of Loss form BP 00 03, and includes coverage extensions such as accounts receivable, business income from dependent properties, electronic data, and forgery or alteration. ^4,5Company-reported. BOP page bundle description and BOP brochure 'Coverages Included In Coterie's Base Policy'.

Coterie lists optional endorsements for the BOP including employment practices liability, hired and non-owned auto liability, liquor liability, equipment breakdown, employee dishonesty, and unmanned aircraft/drone liability (excluding hull coverage). ⁵Company-reported. BOP brochure 'Additional Coverage Extensions and Limits Available' and 'BOP Liability Highlights' lists.

Gallagher describes the BOP as bundling general liability (bodily injury, third-party property damage, personal and advertising injury, third-party medical expenses, defense costs) with business property coverage for a rented space and the equipment inside it. ¹¹Company-reported. Product page coverage overview; the issued policy and its exclusions control.

Gallagher lists damage to a business's own equipment and rented property, employee on-the-job injuries, malpractice, employee discrimination or fraud, intentional injury, and failure to protect sensitive information as not covered by the BOP. ¹¹Company-reported. Product page "What's NOT covered?" list; exclusions can vary by the carrier and form actually issued.

Coterie's BOP offers liability and medical-expense limit options of $300,000/$500,000/$1,000,000/$2,000,000 per occurrence, with products/completed-operations and other-than-products aggregates set at two times that limit, and $5,000 in medical expenses per person; $2,000,000/$4,000,000 liability limits are not available for contractors in CA, CO, FL, NY, or TX, or when liquor liability is selected. ⁵Company-reported. BOP brochure 'BOP Liability Highlights' and 'Available Limits' table.

The BOP product page does not publish limits, deductibles or premium ranges; it directs prospective buyers to request a quote instead. ¹¹Not publicly disclosed. Checked the BOP product page on 2026-09-23.

Coterie says agents confirm a client's business name and address, select an industry, confirm prefilled business details, then customize and bind coverage, all in minutes, and claims this is 75%+ faster than traditional processes. ⁴Company-reported. 'SimplyBind Experience' four-step walkthrough on the BOP page; speed figure is company-reported.

Gallagher offers three ways to start a BOP: an online quote form, a phone line for a small business advisor (1-833-292-9441, Monday through Friday, 8 a.m. to 5 p.m., continental U.S.), or a scheduled callback request. ¹¹Company-reported. Product page "Get Covered Now" section.