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The Triple I Rates the Best BOP Insurers

Published September 20, 2022 at 12:45 PM · News Releases and Bulletins

The Insurance Information Institute (Triple I) took a long look at insurers specializing in business owners policies (BOP). As you know, smaller businesses with 100 or fewer employees and under $5 million in revenue benefit most from a BOP policy.

 

The Triple I looked at BOP insurer information gathered by AdvisorSmith and used it to set a top-10 best BOP policy list. These are the insurers it thinks offer the best BOP policies and gives them a ranking based on a score of 5:

 

1. The Hartford — 5 out of 5

2. Nationwide — 4.9 out of 5

3. Berkshire Hathaway Guard — 4.8 out of 5

4. Chubb — 4.6 out of 5

5. Progressive Commercial — 4.5 out of 5

6. State Farm — 4.4 out of 5

7. Hiscox — 4.3 out of 5

8. AmTrust Financial — 4.1 out of 5

9. CNA — 4 out of 5

10. Liberty Mutual — 4 out of 5

 

Source link: PropertyCasualty360.com —  https://bit.ly/3xCQLwa