Hiscox NOW Appetite Guide

Hiscox NOW allows you to quote and bind small business insurance online in minutes with a same-day effective date. Admitted PL/E&O, GL and BOP coverage are available for over 180 professions.

  • PL/E&O and GL coverage is available in all states except AK.
  • BOP available in all states except AK, AL, AR, DE, FL, HI, ID, IA, KS, KY, LA, ME, MS, MT, NE, ND, NH, NM, NV, OK, OR, RI, SC, SD, TN, UT, VA, VT, WA, WV, WY.

Industries we cover:

Architecture & Engineering

State exclusions:

  • PL/E&O - AK, VA, VT 
  • GL and BOP - AK

Artisan Contractors

State exclusions
AK, NY

Consulting

State exclusions
AK

Creative & Design

State exclusions:

  • AK
  • VA and VT - no PL/E&O for interior designers

Financial Services

  • PL/E&O not available for actuarial services, financial auditing/consulting, investment advice, mortgage brokering/banking, or stock brokering

State Exclusions: AK

Health, Beauty & Fitness

  • No BOP coverage for home health aides and personal care aides

State exclusions:

  • AK
  • IN - no PL/E&O coverage for occupational therapy, psychology, home health aides, and personal care aides
  • NV - no coverage for acupressure services, acupuncture services, and speech therapy, no PL/E&O coverage for audiology

Janitorial Services

State exclusions
AK

Landscaping

State exclusions
AK

Legal

  • PL/E&O not available for legal services and trustee services

State exclusions:

  • AK
  • CA - no PL/E&O for notary services
  • NY - no PL/E&O for claims adjusting

Marketing & Public Relations

State exclusions
AK

Miscellaneous Business Services

State exclusions
AK

Real Estate

State exclusions:

  • PL/E&O - AK, CO, IA, ID, KY, LA, MS, ND, NE, NM, RI, SD, TN, WY

    • VT - no PL/E&O for real estate agent/broker
  • GL and BOP - AK

Retail

State exclusions
AK

Technology

State exclusions
AK

Products:

Professional Liability (PL)/Errors & Omissions (E&O)

Protects your clients if they're sued for negligently performing their services, even if they haven't made a mistake. Coverage also includes defense costs associated with any lawsuit.

Limits
  • Aggregate limit: $2M online (up to $5M by phone)
  • Revenue limit: $5M
State exclusions

AK

Product details
  • Admitted form
  • Monoline product
  • Deductibles from $0-$10K
  • Automatic renewal
What’s covered
  • Claims of negligence, even if your client hasn’t made a mistake
  • Claims for libel and slander arising from your client’s services
  • Awarded damages and legal defense costs
  • Punitive damages up to $250,000 where allowed by law
  • Services done by your client’s employees, temporary staff and independent contractors covered
  • Automatic Blanket AI included for free (Blanket AI coverage ends once an operation is completed or a lease agreement ends)
Available additions
  • Scheduled additional insured

General Liability (GL)

Protects your clients' businesses from another person or business’s claims of bodily injury, associated medical costs, and damage to their property.

Limits
  • Aggregate limit: $2M online (up to $5M by phone)
  • Revenue limit: $5M
State exclusions

AK

Product details
  • Admitted, ISO based form
  • Monoline product
  • No deductible
  • Work from home discount up to 5% (subject to minimum premium)
  • Automatic renewal
What’s covered
  • Covers liability for property damage or bodily injury to third parties
  • Covers employees and temporary staff
  • Defence costs outside limit
  • Automatic Blanket AI included for free (Blanket AI coverage ends once an operation is completed or a lease agreement ends)
Available additions
  • Scheduled additional insured
  • Business personal property and equipment (up to $25K coverage limit with off-premise limit of $2,500)
  • Primary and noncontributory
  • Hired non-owned auto (up to $2M coverage limit but cannot exceed GL occurrence limit)
  • Waiver of subrogation

Business Owners Insurance (BOP)

Combination of general liability and business property insurance. It protects your clients' own business furniture and equipment, as well as another person or business’s claims of bodily injury and associated medical costs.

Limits
  • Aggregate limit: $2M online (up to $4M by phone)
  • Revenue limit: $3M
State exclusions

AK, AL, AR, DE, FL, HI, ID, IA, KS, KY, LA, ME, MS, MT, NE, ND, NH, NM, NV, OK, OR, RI, SC, SD, TN, UT, VA, VT, WA, WV, WY

Product details
  • Admitted, ISO based form
  • Work from home discount up to 5% (subject to minimum premium)
  • Automatic renewal
What’s covered
  • Covers liability for property damage or bodily injury to third parties and business property
  • Max $100,000 business contents
  • Max $500,000 buildings (subject to a 100 mile coastal restriction)
  • Loss of electronic data covered up to $10,000
  • Interruption of computer operations covered up to $10,000
  • Loss of business income covered up to 12 months
  • Various deductible options ranging from $500 to $10,000
  • Coverage starts at $500 a year
  • Automatic Blanket AI included for free (Blanket AI coverage ends once an operation is completed or a lease agreement ends)
Available additions
  • Crime
  • Data package
  • HNOA
  • Scheduled additional insured

The use of this portal to obtain a premium quotation does not alter or change your relationship with Hiscox or your customer. At all times you remain broker for the applicant and not an agent of Hiscox.

Business insurance products are underwritten by Hiscox Insurance Company Inc., 104 South Michigan Avenue, Suite 600, Chicago, IL 60603. This information is provided to assist you in understanding the coverage we offer and does not modify the terms and conditions of any insurance policy, nor does it imply any claim is covered. Coverage is subject to underwriting and may not be available in all states. As of December 31, 2018, Hiscox Insurance Company Inc. (HICI) had admitted assets of $577,623,458 and policyholders surplus of $178,288,905. Total liabilities were $399,334,553 (inclusive of $138,618,279 of loss reserves), and paid up capital stock was $4,200,000.