The Hartford vs. Tivly

Workplace accidents, theft, and liability lawsuits can devastate any business. Small business owners should obtain commercial insurance for the invaluable coverage. The Hartford’s insurance policies can cover up to $2 million, ensuring your business is protected in case of legal fees, lost wages, or other expenses. Tivly gives you quotes to simplify the search for the best business insurance.

In this guide, we will dive into the differences between The Hartford and Tivly, how to choose business insurance, and other essentials for small business owners.

The Hartford Key Features

The Hartford started offering insurance in 1810. Since then, this insurance carrier has grown to provide business insurance, auto insurance, homeowners insurance, and numerous other insurance products.

If you’re looking for a customizable business owner’s policy (BOP), The Hartford is an excellent choice. The Hartford lets you tailor the coverage to your business’ needs and budget. You can change coverage limits and other elements of the policy so that it aligns better with your situation.

Coverage options

• Business personal property insurance
• Business Income Insurance
• Professional Liability Insurance (E&O Insurance)
• Workers' Compensation Insurance
• Commercial Auto Policy
• Data Breach Insurance
• Commercial Umbrella Insurance
• Commercial Flood Insurance
• Employment Practices Liability (EPL)
• Risk Engineering
• Multinational Insurance
• Surety Bonds
• Liquor Liability Coverage
• Home-Based Business Insurance

Pricing

Business insurance premiums will vary based on industry risk, business location, your desired coverage, and other factors. According to The Hartford, business owners pay on average:

Business Owner’s Policy: $85 a month

General Liability Insurance: $67 a month

Workers’ Compensation Insurance: $86 a month

Small business owners can expect to pay between $70 to $261.25 per month depending on how comprehensive their coverage is and the type of insurance product they have purchased.

Although business insurance premiums can feel expensive when you don’t file a claim for a long period of time, coverage is highly recommended for all business owners. A single liability claim could cost you thousands of dollars in legal fees and/or settlement payouts.

Eligible businesses

The Hartford provides insurance for a wide range of professions, including landscapers, photographers, restaurant owners, and real estate agents. All sorts of companies are eligible for The Hartford’s commercial insurance products. Whether you have fewer than 5 employees, are a home-based business, or a large company, The Hartford has an insurance product for you to consider.

Discounts

Insurance discounts can help businesses lower expenses when paying for insurance coverage. Combining policies into bundles is a common way to save money on business insurance. Ask your insurance agent about potential discounts when discussing The Hartford’s insurance products.

Claims process

It’s easy to file a claim with The Hartford. When submitting a claim on their website, you just need your policy number and relevant details surrounding the claim you’re making. Different types of claims may require different forms. For policyholders who prefer to file a claim over the phone, The Hartford answers calls at the toll-free number 1-800-327-3636.

When filing an insurance claim, it’s recommended to file as soon as possible after an incident. Include supporting evidence with your claim, such as:

• Photographic and video evidence
• Eyewitness statements
• Physician or police records

Customer testimonials

The Hartford is rated 4.8/5 stars for business claims, with over 13,000 reviews online. Policyholders like Jon and Martha noted in their customer reviews that the claims process was fast and easy, resulting in an excellent overall experience.

Pros and cons

Pros:

• A true trailblazer, with over 200 years of experience in the insurance industry
• You can request a certificate of insurance online
• File and track your claims online
• Offers policies to 48 states
• Wide range of insurance products

Cons:

• You must talk to an agent to complete a purchase
• No coverage in Hawaii or Alaska
• You may not receive the lowest rates

Tivly Key Features

Tivly works with 200+ insurance providers to help people find the best insurance for their needs. Let’s go over the main features of Tivly.

Application process

It’s easy as pie to get a quote from Tivly. You can apply online or call them toll-free at 877-834-1911. When applying for a quote, Tivly asks you to provide your ZIP code, name, and consent to be contacted. A live Tivly representative will contact you by phone to help you fill out a questionnaire regarding your search for insurance.

Coverage options

Tivly connects business owners with a network of over 200 trusted insurance carriers. These carriers offer a wide range of business insurance products, which include:

• Business Owners Policy
• Business Renters
• Certificate of Liability
• Commercial Auto
• Commercial Property
• Commercial Umbrella
• Cyber
• Directors and Officers
• Employee Benefits Liability
• Employee Dishonesty Coverage
• Errors & Omissions
• General Liability
• Hazard
• Product Liability
• Professional Liability
• Workers’ Compensation

Pricing

Tivly is free to use. When requesting quotes from Tivly, the process is fast, easy, and free. Since it helps you compare quotes from different insurance companies, you can also potentially save money on your business insurance policy by using Tivly.

Pros and cons

Pros:

• Saves you time when searching for business insurance
• Safe to use
• Partnered with 200+ insurance agents, brokers, and carriers
• Over 15 years of helping insurance shoppers

Cons:

• Quotes may differ from your actual insurance premium
• Tivly is not a carrier – it does not underwrite or service policies
• The application process involves a phone call, which some may not like

Comparing The Hartford and Tivly

Availability by region

The Hartford does not offer coverage to Alaska or Hawaii. Certain business insurance types may also be unavailable on a state-by-state basis.

You can use your ZIP code to find insurance through Tivly. This makes searching for insurance for your region quick and easy.

Data security and privacy

The Hartford’s privacy policy goes over how the company collects and uses information. Reasonable security measures are taken to safeguard personal information that is stored on the servers.

Tivly’s privacy policy also discusses how personal information is used, disclosed, and protected. Tivly has implemented both technical and organizational measures to reasonably protect personal information from unauthorized access, disclosure, and alteration.

Similarities

The Hartford and Tivly are both companies that can help small business owners find great insurance products. Both offer a wide variety of business insurance policies for you to consider.

Note that business insurance policies often have similar exclusions. The policies you find through The Hartford and Tivly’s network are likely to have the same standard exclusions. For example, the following are often excluded from coverage:

• Civil unrest
• War
• Natural disasters
• Fraudulent acts
• Certain auto accidents

Be sure to thoroughly read your insurance policy before purchasing.

Differences

Company purpose:

The Hartford is a property and casualty insurance company that sells business insurance products through a large network of independent agents and brokers. The Hartford underwrites its policies.

Tivly is a licensed insurance agency that connects you to over 200 different insurance providers. Tivly’s main service is to help you quickly compare insurance rates and policies online so you can find the best coverage. Tivly does not underwrite policies.

Price:

The Hartford sells insurance products through agents and brokers. Most businesses will pay around $80 a month or $960 a year for an insurance policy that is underwritten by The Hartford.

Tivly is free to use for business owners seeking to buy insurance.

Customer service

The Hartford is rated highly by its customers. Policyholders note that it is easy to add additional insured or request certificates of insurance (COIs) online.

Small business owners who use Tivly have reviewed the company as being “easy and straight to the point”. Customer service has also been cited as “outstanding”.

Deciding Which Company is Right for You

Coverage

The Hartford offers plenty of different business insurance products. It’s easy to customize your coverage so that the plan aligns better with your business’ needs. Whether you’re looking for general liability insurance or something more specific, The Hartford has an incredibly impressive suite of business-related insurance products.

On the other hand, using Tivly will place price first as the point of comparison. By choosing to obtain the most affordable insurance policy, you could save your business substantial money – but you could also be sacrificing a degree of financial protection. It’s important to balance affordability with comprehensive coverage when obtaining business insurance.

Cost

The Hartford’s business insurance policies average around $80 a month. You can customize your policy by letting an insurance agent or broker know what type of coverage your business needs.

Tivly’s fast insurance quotes make it easy to gauge what premium you can expect to pay for your preferred insurance coverage. The cost can vary greatly depending on what commercial insurance you want, your business details, industry risk level, and other factors.

Reputation

The Hartford is backed by over two centuries of experience in the insurance industry. Currently, The Hartford reliably serves more than a million small businesses. A large network of insurance brokers and agents sells its insurance products.

Tivly was founded in 2009 and has received plenty of good reviews from customers who have used its services. The simple and fast quote process has benefited plenty of small business owners who are looking for the most affordable and convenient coverage for their businesses.

When it comes to reputation, The Hartford has an edge over Tivly. Tivly’s reputation and track record cannot realistically compete with the long-standing success of The Hartford. Still, it’s important to note The Hartford is an insurance company, whereas Tivly is an insurtech agency that helps people find their ideal insurance.

Accessibility

While The Hartford lets you file and track claims online, applying for a business insurance policy must be done through a licensed The Hartford agent. The lack of an online application process can make it inconvenient for business owners who want to quickly obtain the policy they need.

Tivly’s quotes are speedy and free. After visiting their site, it takes only a few minutes for Tivly to gather your details and provide you with up-to-date quotes. Tivly makes shopping for insurance quick and accessible, which is why so many business owners turn to Tivly when comparing insurance products.

While it’s easier to shop for insurance using Tivly’s platform than The Hartford, Tivly is not responsible for how accessible insurance carriers are after you receive the quotes. The ease of applying for insurance policies and filing insurance claims will depend on what insurance carrier you end up choosing.

Summary

The Hartford has a respectable track record of helping people and businesses for two centuries with their insurance needs. If you’re a small business owner who wants dependable insurance coverage, consider The Hartford’s selection of BOPs, general liability insurance, and commercial property insurance.

If you aren’t sure about which business insurance provider is optimal for you and want to find an insurer with the most affordable rates, Tivly is a great company to seek out. The quick quotes and network of 200+ insurance companies make it easier to shop for business insurance.

Other Business Insurance Options

It’s always good to consider all your available options when obtaining commercial insurance. Here are some other top business insurance providers to consider.

NEXT Insurance:

• Get an instant quote online in <5 minutes
• Request instant proof of insurance using live certificate and mobile app
• Trusted by over 300k businesses
• Multi-policy discount

Simply Business:

• Compare transparent quotes from top insurers for free
• Obtain tailored insurance options through a quick questionnaire
• Get help from a top-rated customer service team

Cover Wallet:

• Conveniently manage your insurance policies using a smart digital wallet
• No commitment, fast, and free business quotes
• A personal advisor can guide you through the process