Online General Liability Insurance - Thimble and Hiscox

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If you're looking for an online general liability policy, you're not alone. A variety of insurance providers offer the same products, so finding the right one for your needs can be an easy task. Some of these companies provide customized quotes that include a variety of features. For example, Hiscox estimates that most small businesses will pay around $30 per month for general liability, but the price will vary depending on your needs and location. My quote included business owner policy and professional liability as well as $1 million liability coverage and a $500 deductible.​

Thimble's general liability insurance starts at $17 per month​

Thimble is an online general liability insurance provider that offers policies for small businesses and self-employed individuals. The company offers policies that range from short-term to yearly coverage. It is possible to submit an application on Thimble's website or through its mobile app, and get approval and a quote in under 60 seconds. Thimble received $22 million in funding in March 2019 from IAC, which also owns websites such as Investopedia and eHow.com. The company started out in 2016 as a drone insurance platform, but in 2019 it expanded into other industries. Today, it has more than 100 customers and is offering general liability insurance.

As an online provider of general liability insurance, Thimble has a number of benefits. In addition to offering policies for short-term business needs, Thimble also offers flexible cancellation policies. Unlike other companies, Thimble customers can cancel their policies at any time, which makes it ideal for freelancers and independent contractors. Besides offering flexible policies, Thimble also offers drone insurance underwritten by Global Aerospace Inc. and liability insurance underwritten by Markel Corp.

Despite being a new startup, Thimble has high customer satisfaction ratings and an app that makes filing claims easy. Since most customers access their insurance policies through the app, the company has mastered fast-track approval and short-term policy models. Customers can submit claims via email, chat, or online submission at any time, and Thimble's claims process is as simple as it gets.​

Hiscox's general liability insurance​

The Hiscox NOW platform allows you to buy general liability insurance online quickly and easily. You can get an instant quote and binding for many different classes of businesses, including construction, real estate, and even food service. Hiscox covers claims from around the world, including the United States, its territories, and Canada. If an incident occurs anywhere in the world, Hiscox's policy will cover it. Read on to learn more about this innovative online insurance tool.

Hiscox is an international specialist insurer with headquarters in Bermuda. The Hiscox Group has operations in 14 countries and the United States. The company isn't available in Alaska, but its general liability and property insurance policies can be purchased online and offline. Hiscox also writes all business insurance policies sold by GEICO. It has a long history of providing insurance to both individuals and businesses. If you're looking for general liability insurance online, you can easily find a policy by entering your company's name and the details of your operation.

Hiscox NOW covers the common types of claims made against your business. These include property damage, bodily injury, mental distress, medical bills, and doctor visits. Hiscox insurance also covers injury arising from advertising. This occurs when you promote your business's goods and services. Your policy can also cover advertising injuries, such as slander, malicious prosecution, and copyright infringement. If you're in the beauty industry, Hiscox's NOW platform allows you to get the insurance you need for your beauty practice.​

Hiscox's Errors and omissions insurance​

Errors and omissions (E&O) insurance protects businesses from lawsuits that arise when they are found responsible for someone else's negligence. The name is appropriate, as claims of negligence generally result from the fault of a service provider or employee. The cost of this coverage is determined by a number of factors, including the size and type of business.

Hiscox's online claims center is open 24 hours a day. Claimants can report claims online, by phone or by mail. In some circumstances, the company will help connect the business with a risk management expert or defense lawyer. While Hiscox does not rank high on the J.D. Power rankings, it does have a long history of responding to customer complaints in a fair manner.

Errors and omissions coverage is especially important if you provide professional services. The costs of defending a lawsuit can be high and can drain your business financially. Even a baseless claim can cost thousands of dollars. Errors and omissions insurance covers the legal costs associated with these lawsuits and can help your business avoid financial ruin.​
 
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