PreferredVerified Q1 2026
Source: Hiscox — Technology Insurance
Hiscox: Technology Companies Insurance Appetite
Hiscox is the top market for small tech companies and startups needing tech E&O and cyber. The online quoting process is the fastest in the market, and the included cyber coverage eliminates the need for a separate policy. For larger tech companies, CNA's EverGuard and Travelers' CyberFirst offer higher limits and broader terms.
Available Lines
| Line of Business |
|---|
| General Liability |
| Professional Liability |
| Cyber Liability |
| Business Owners Policy (BOP) |
Premium Range
$1,000-$8,000
Typical annual premium
Target States
All 50 states
Key Features
- Tech E&O with cyber liability included at no additional premium
- Online quoting covers SaaS, IT consulting, web development, and app developers
- Media liability included in the tech E&O form for content-related claims
- Fast binding — most quotes issued in under 10 minutes
- Flexible limits from $250K to $2M per claim
Limitations
- No workers' comp, commercial auto, or umbrella coverage available
- Companies over $10M in revenue outgrow Hiscox and need CNA or Travelers
- Hardware manufacturers and electronics companies are excluded
Compare Other Carriers for Technology Companies
Progressive CommercialStandard
$1,500-$7,000
TravelersPreferred
$3,000-$25,000
CNAPreferred
$4,000-$30,000
ERGO NEXT InsurancePreferred
$800-$6,000
The HartfordPreferred
$3,000-$25,000
EMPLOYERS HoldingsStandard
$600-$4,000
AcuityStandard
$2,000-$10,000
Erie InsurancePreferred
$2,500-$15,000
biBERKPreferred
$1,500-$10,000
AmTrust Financial ServicesStandard
$2,000-$15,000
BTISStandard
$2,000-$12,000
Pie InsurancePreferred
$500-$4,000
NationwideStandard
$1,500-$8,000
Liberty MutualStandard
$2,000-$10,000
ChubbPreferred
$3,000-$20,000
Cincinnati FinancialStandard
$1,500-$9,000
Hanover InsurancePreferred
$1,500-$10,000
Auto-Owners InsuranceStandard
$1,200-$8,000
Guard Insurance GroupStandard
$1,000-$8,000
Markel CorporationStandard
$2,500-$20,000
Coterie InsurancePreferred
$500-$4,000
Selective Insurance GroupPreferred
$3,000-$50,000
Kinsale Capital GroupStandard
$2,500-$30,000
InsureonStandard
$400-$6,000