Hiscox vs 
TechInsurance: How Do They Compare for Workers’ Compensation Insurance?
Hiscox offers workers' comp only with its general liability policy; TechInsurance reports a median workers' comp cost of $54 a month and uses a short online application.
TechInsurance reports a $54 monthly median workers’ comp premium; Hiscox requires a Hiscox general-liability policy before offering the line. 3,1
What Are the Key Differences Between Hiscox and TechInsurance Workers’ Compensation Insurance?
Published Cost vs. Access Prerequisite
TechInsurance’s reported median is $54 a month, with actual prices depending on employee count, location, claims history and industry. 3 Use it as a budgeting reference rather than a quote for your payroll. Hiscox’s separate rule is that buyers need its general liability first, and some business classes cannot access workers’ comp. 1 Choose TechInsurance if you need a published price benchmark; choose Hiscox if you already qualify for its bundle.
Who Underwrites the Policy
Hiscox names Hartford Fire Insurance Company directly as the underwriter for this line. TechInsurance's page does not name a private carrier, noting only that a small number of monopolistic states require a state fund instead. 1 3
State-by-State Detail
TechInsurance names specific state exceptions: Texas and South Dakota don't mandate coverage, and California requires it for certain contractors. Hiscox's page instead limits eligibility by class of business and by whether the buyer holds Hiscox general liability, without naming specific states. 3 1
What Should You Confirm in Hiscox and TechInsurance Workers’ Compensation Insurance Quotes?
- Ask TechInsurance whether your state is one of the four it names as monopolistic. 3
- Confirm whether you need to buy or already hold Hiscox general liability before it will quote workers' compensation. 1
- Compare TechInsurance's published $54 median against Hiscox's actual quote for the same payroll. 3
- Ask whether Hiscox's product is available for your business class, since the page says it isn't available for all classes. 1
Hiscox vs TechInsurance Workers’ Compensation Insurance Compared
Hiscox vs TechInsurance: Workers’ Compensation Insurance: documented features by provider
| Criteria | Hiscox Workers Compensation Insurance | TechInsurance Workers' Compensation Insurance |
|---|---|---|
| Who It’s For | Hiscox says workers' compensation access requires the buyer to already hold, or concurrently purchase, a Hiscox general-liability policy, and that the product is not available for all classes of business. 1Company-reported. Company-stated prerequisite and class limitation; specific excluded classes are not listed on the 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 | Hiscox lists workers' compensation among the products selectable from its small-business quote flow, routing eligible buyers who also carry (or are buying) general liability toward the Hartford-underwritten product. 2,1Company-reported. Company-described product-selector listing; eligibility and binding conditions require confirmation on the actual application. | 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 | The workers'-compensation page describes the product in general terms as statutory workers' compensation coverage through the Hartford partnership; it does not add Hiscox-specific coverage enhancements beyond what a standard Hartford workers'-compensation policy would include. 1Company-reported. Company-stated partnership product; specific policy wording and state benefit levels are set by Hartford's issued policy and applicable state law. | 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 | For workers' compensation, Hiscox Inc. acts as an access point to a partner insurer rather than underwriting the coverage itself, and requires the buyer to also hold a Hiscox general-liability policy before it will provide access to workers' compensation. 1Company-reported. Company-stated partnership structure; this differs from Hiscox's own-catalogue general liability, professional liability, cyber and BOP products, which are underwritten by its own affiliated insurer. | 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. |
