No login or registration is needed to take advantage of Hiscox NOW. Here’s more information about the kinds of Hiscox business insurance you can get with the online platform:
Professional Liability Insurance
Professional liability insurance, also commonly known as E&O insurance, protects businesses from claims made against them with respect to inadequate services or negligence. Hiscox business insurance solutions are designed to cover businesses in virtually every industry, including:
Hiscox business insurance includes tailored coverage to meet the unique needs of technology professionals. Most policies automatically include $200,000 of software copyright infringement coverage.
Hiscox NOW offers same-day coverage for beauty professionals such as hair stylists, estheticians, and cosmetologists. $200,000 of sexual misconduct claim coverage is added for most policies.
- Heath and Fitness
Non-medical health and fitness professionals have specific coverage needs that Hiscox NOW offers. Hiscox automatically adds $200,000 of sexual misconduct claim coverage to most health and fitness policies.
- Consulting and Education
Hiscox NOW offers tailored coverage for consulting professionals ranging from business and career coaches to education and tutoring consultants. Hiscox offers specialized coverage for consulting professionals and automatically adds $25,000 of third-party electronic data liability coverage to most policies.
- Architecture and Engineering
Architecture and engineering professions can get optimized coverage through Hiscox NOW that covers everything from negligence and bodily injury to code violations and accidental third-party property damage. Most Hiscox business insurance policies for architecture and engineering automatically add $5,000 of FHA/OSHA/ADA regulatory proceeding coverage.
- Real Estate
Hiscox offers with same-day coverage for real estate agents/brokers and property managers. Third party damage and dissatisfied clientele are just a couple of examples of what is covered by Hiscox insurance. $100,000 of Fair Housing Act claim coverage is added automatically to most real estate policies.
- Creative Industries
Web, graphic, and interior designers are covered under Hiscox’s business insurance for creative industries. These policies will cover risks associated with defamation, libel, slander, bodily injury, negligence, and much more.
Hiscox business insurance policies cover every aspect of the marketing industry from Search Engine Optimization (SEO) to public relations. In addition to covering defamation and negligence, most marketing policies automatically include $200,000 of copyright infringement coverage.
- Legal and Financial Services
Same-day legal and financial services coverage is available for a wide range of businesses, including tax preparation, investment advising, and mortgage brokerage. Hiscox policies are designed to cover risks specific to the industry, including personal injury, emotional distress, and libel.
General Liability Insurance
Agents and brokers can get quoting and binding for commercial general liability insurance through the Hiscox NOW platform. These policies cover most types of non-professional negligence and are standard for most businesses.
Hiscox general liability insurance generally covers bodily injury, property damage liability, personal and advertising injury, and medical payments. Here’s more about the tailored policies you can find with the Hiscox NOW platform:
- Bodily Injury and Property Damage Liability
If a customer is injured or their property is damaged on a business’ premises, Hiscox’s general liability policies will cover the relevant costs. These policies include coverages for mental and emotional distress and compensation for the customers’ lost income and doctor visits.
- Personal and Advertising Injury
General liability policies include coverages for personal and advertising injury that occurs during the promotion of business goods and services. This includes libel, slander, malicious prosecution, copyright infringement, and invasion of privacy. Costs associated with lawsuits pertaining to personal and advertising injury are covered under general liability.
- Medical Payments
Medical costs associated with non-employee injuries are covered by general liability policies. This applies primarily to no-fault scenarios. Smaller incidents and claims can be settled quickly without litigation under these coverages.
Business Owners Policy (BOP)
Business Owners Policies (BOPs) offer umbrella commercial protection by combining most major property and liability risks in one package. Hiscox BOPs are optimized for small and medium-sized businesses. Most policies include:
- Property Insurance
Available as named-peril coverage, this component of a standard BOP will cover named risks such as fires, smoke damage, explosions, and vandalism.
- Business Interruption Insurance
Income lost as a result of a catastrophic event is covered with business interruption insurance. Costs incurred from operating out of a temporary location are also often covered.
- Liability Insurance
Any legal liability for damages occurring during normal business operations is covered under the liability insurance component of a standard Hiscox BOP.
The Hiscox NOW platform offers instant quoting and binding for the policies listed above. For more information on the states and classes of business covered, download the highlight sheets on this page or contact a ProWriters insurance specialist today.