Coterie Insurance vs TechInsurance 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.

TechInsurance arranges a business owner's policy (BOP) as a bundle of general liability and commercial property insurance sold at a discount versus buying the two policies separately, according to the company. ⁸Company-reported. Business owner's policy 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 reviewed page does not name the issuing insurer for a BOP. ⁸Not publicly disclosed. Business owner's policy product page as read on 2026-09-23.

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.

TechInsurance says small businesses typically qualify for BOP savings if they have fewer than 100 employees, operate in a low-risk industry, earn less than $1 million in yearly revenue, and use a small commercial space. ⁸Company-reported. Business owner's policy product page, Eligibility requirements for a BOP section.

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.

TechInsurance says a BOP covers property damage and business personal property, common third-party accidents (general liability), copyright infringement and defamation claims, theft and vandalism, and product liability claims, but excludes employee injuries, cyberattacks, business vehicles and (without an endorsement) natural-disaster property damage. ⁸Company-reported. Business owner's policy product page; general policy description, not a specific policy form.

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.

TechInsurance says its BOP policyholders pay a median of $83 per month, or about $990 a year, with the exact cost depending on business property value, profession risk, policy limits and deductible, location, employee count and claims history. ⁸Company-reported. Business owner's policy product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.

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.

You request BOP quotes online through a single application; TechInsurance says licensed agents can help tailor the policy with endorsements, and a certificate of insurance is typically available the same day you buy coverage. ⁸Company-reported. Business owner's policy product page.