Hiscox is an Anglo-Bermudan specialty insurer with roots going back to 1901 at Lloyd's of London. In the U.S. small-business market, Hiscox focuses on tailored general liability, professional liability, and BOP coverage for service-oriented businesses including HVAC contractors, air conditioning service technicians, and installation specialists. The carrier is known for customizing policies to field-specific risks rather than selling one-size-fits-all packages.
For HVAC pros, Hiscox writes general liability for job-site injuries, property damage, installation defects, and moisture damage, with aggregate limits up to $5 million. The BOP combines property and liability coverages, and Hiscox can bolt on workers' compensation, commercial auto, and international work coverage for technicians who service clients abroad. Coverage is delivered with dedicated claims representatives assigned at first notice of loss.
Pricing for HVAC coverage starts at around $22.50-$29.17/month for general liability and roughly $41.67/month for BOP, though final premiums depend on payroll, revenue, and sub-trade. Flexible monthly payment plans at no extra cost make cash flow manageable for smaller shops, and Hiscox is one of the few national carriers willing to underwrite sub-$100K revenue HVAC businesses and solo operators.