What Are the Key Differences Between HUB International and The Hartford Crime Insurance?
The Hartford explicitly names a cash-register theft example and includes crime as one of five Private Choice Premier options; financial institutions have a separate bond and commercial-crime track. HUB provides a longer list of named crime types, including vendor theft and computer fraud. [4] [3]
Broker Versus Hartford Package Tracks
HUB brokers commercial crime insurance rather than underwriting it, and its crime page does not name an issuing insurer. [3] [4]
Itemized Perils Versus a Cash-Register Example
HUB lists employee theft, vendor theft, forgery, asset misappropriation, computer fraud and funds-transfer fraud. The Hartford says crime insurance helps cover business-related crimes like employee theft, forgery or robbery, giving as an example an employee stealing money from a cash register. The Hartford’s reviewed management-liability page does not describe vendor theft or computer fraud. [3] [4]
Shared Organization Types, Different Buying Paths
HUB says crime coverage is available for private, public and not-for-profit organizations and directs prospects to a business-insurance contact page. The Hartford’s crime coverage is available to nonprofit organizations, publicly traded companies and privately held companies as part of its management-liability lineup. HUB’s product page does not publish policy limits. [3] [4]
What Should You Confirm in HUB International and The Hartford Crime Insurance Quotes?
- Ask The Hartford whether crime sits in Private Choice Premier or on the financial-institutions bond and commercial-crime track. [4]
- Ask HUB which carrier it would place and whether vendor theft and computer fraud are on the form. [3]
- Confirm whether The Hartford form goes beyond employee theft, forgery or robbery. [4] [3]
- Get limits and retentions from both. [3] [4]