What Are the Key Differences Between The Hartford and Vouch Professional Liability (E&O) Insurance?
Direct Insurer Pricing vs. a Broker's Program Partner
The Hartford breaks the line into five named products, each with its own published average minimum monthly premium. [6] Vouch is a broker rather than an insurer for this line, and lists Errors & Omissions among the coverages it places through named program partners, including Corix, which has a dedicated E&O product. [8]
Who Underwrites the Policy
The Hartford's page describes the professional liability products as its own, without a separate named issuing entity distinct from The Hartford brand. [6] Vouch's program partner Corix discloses that its E&O line is issued by State National Insurance Company or United Specialty Insurance Company, though that names an insurer for Corix-branded E&O specifically, not for every Vouch professional-liability placement. [2]
Who Each Company Targets
The Hartford names accountants, consultants, interior designers, advertising agencies, graphic designers, technology professionals and healthcare professionals. [6] Vouch markets its professional E&O to accounting and finance, architecture, engineering and construction, IT consulting, management consulting, and marketing and creative agency firms. [8]
What Should You Confirm in The Hartford and Vouch Professional Liability (E&O) Insurance Quotes?
- Ask The Hartford which of its five priced products applies to your profession, since the average minimums vary widely. [6]
- Ask Vouch whether your placement would go through Corix or another program partner, since the named insurers apply to Corix-branded E&O specifically. [2]
- Ask whether an extended reporting period is available from The Hartford if you switch professions later. [6]
- Neither company's reviewed page publishes limits or retentions in dollar terms for these products; ask both for specific figures. [6] [8]