Skip to main content
  • Claims Center
  • Contact Us
  • Español
  • Brokers
  • Agents
Hiscox Insurance
Menu Toggle
  • Home
  • Small Business Insurance Toggle Menu Toggle Menu
    Protect your business, plan for the unexpected, and help your business grow.
    • Top Coverages

      • General Liability Insurance

        The basic protection for claims against your business.

      • Errors and Omissions

        Protection against claims of negligence

      • Professional Liability

        Protection for specific risks in your field.

      • Business Owner's Policy

        General Liability plus coverage for property.

      • Cyber Security Insurance

        Protection from cyber-related security risks.

      • Workers Compensation

        Protection from work-related illness or injury.

      • Short-Term Liability Insurance

        Purchase coverage for a specific period of time.

      • Medical Malpractice

        Protection for claims against your medical practice.

      • More Coverages

        Umbrella, Auto, Directors and Officers, and more

    • Top Industries

      • Architects & Engineering
      • Beauty
      • Contractors
      • Consulting/Freelancing
      • IT/Technology
      • Landscapers
      • Marketing
      • View All Industries
    • Coverage In 49 States

      • View All States

    Small Business Insurance Main Page

  • Why Hiscox Toggle Menu Toggle Menu
    With a single focus on Small Business Insurance, we provide fast, customized coverage just for you.
      • About Us
      • Customer Stories
      • Ratings & Reviews
      • Our Brand
      • Newsroom

    About Hiscox Main Page

  • Resources Toggle Menu Toggle Menu
    Insights and information to empower you and your business.
    • Blog
      • Start Your Business
      • Grow Your Business
      • Protect Your Business
      • Celebrate Courage
    • Podcast
      • Side Hustle to Small Business
    • Tips and Tools
      • Business Insurance 101
      • Research & Insights
      • Partner Services
      • Insurance Glossary
      • Profit Calculator
      • Business Templates

    Resources Main Page

  • Policy Management Toggle Menu Toggle Menu
    We make it easy for policy-holders to make changes, access documents, and report claims.
    • Manage Your Policy Online

      • Hiscox Policy Management

        • Change Business Address
        • Get an ACORD Certificate
        • Get a Certificate of Insurance
        • Issue an ACORD for an Additional Insured
        • Request Policy Documents
        • And more

    • Claims

      • Claims Center
      • Report a Claim
      • Claims FAQs
      • Claims Customer Reviews
      • Cyber Vendor Services
      • Refer a friend

    Policy Management Main Page

  • Claims Center
  • Contact Us
  • Español
  • Brokers
  • Agents
  • 1-866-283-7545 Call
  • Get a Quote Get a Quote
  • 1-866-283-7545 Call
  • Get a Quote Get a Quote
  • Glossary

    From deductibles to riders to indemnity, insurance terminology can seem confusing. We’ve put together some common terms and their definitions to help.

    Didn’t find what you were looking for?

    Try another search term or check out the sections below.

      A - F

      Acts Insurance
      Actual Cash Value
      Additional Liability Insurance
      Additional Named Insured
      Adjuster Insurance
      Admitted Insurance
      Aggregate Limit
      Arbitration Insurance
      Assessed Value Of Property
      Business Interruption Insurance
      Care And Custody Insurance
      Certificate Of Insurance
      Claims Made Policy
      Commercial Auto Insurance
      Contingent Insurance
      Continuity Date
      Corporate Legal Liability Insurance
      Cyber Extortion
      Declaration Page Insurance
      Deductible Insurance
      Equipment Breakdown Coverage
      ERP Insurance
      Exclusive Remedy
      Extra Expense Coverage
      Fiduciary Liability Insurance
      First Party Claim

      G - L

      General Liability Class Codes
      Grace Period Insurance
      Hired Non-Owned Auto Insurance
      Indemnity Insurance
      Insurance Appraisal
      Insurance Expiration Date Definition
      Insurance Premium
      Insurance Qualifying Event
      Insurance Risk Management
      Insurance Underwriter
      Insuretech
      Legal Insurance
      Loss Payee Insurance
      LRO Insurance

      M - R

      Mediation
      Non Admitted Insurance
      Occurrence Based Policy
      Per Occurrence Limit
      Personal & Advertising Injury
      Products Completed Operations
      Products Completed Operations Aggregate
      Replacement Insurance
      Retroactive Date Insurance
      Rider Insurance

      S - Z

      Sole Proprietor Insurance
      Subrogation Claims
      Tail Insurance
      Third Party Claim
      Third Party Insurance
      Umbrella Insurance

      Footer menu 1

      • What We Cover
        • Business Insurance
        • General Liability Insurance
        • Professional Liability Insurance
        • Errors and Omissions
        • Cyber Security Insurance
        • Workers Compensation
        • Other Coverage
      • Who We Cover
        • Small Business Owners
        • LLC
        • Sole Proprietors
        • Entrepreneurs
        • Side Hustle
        • Contractors
        • Home Businesses
      • For Our Customers
        • Refer a Friend Program
        • Claims Center
      • For Business Owners
        • Save with our Partners
        • Blog
      • About Hiscox
        • About Us
        • Careers
        • Contact Us
        • Hiscox Corporate
        • Investors
        • Foundation
        • Newsroom
        • Diversity, Equity and Inclusion
        • Affiliate Partner Program

      Footer menu 2

      • Accessibility
      • Site Map
      • Privacy Policy
      • Terms of Use
      • Legal Notices
      • Español

      Your privacy choices Privacy opt-out icon

      Feefo Reviews: Hiscox rated 4.7/5 with 1,312 reviews between January 1, 2024 - January 1, 2025

      * Any cost, premium, or coverage stated before an official customer quote are estimates and an approximation and are not guaranteed. Actual cost, premium, and coverage are subject to the unique considerations of each individual risk. Customer quotes are based on the information provided to Hiscox, and are subject to required underwriting and rating factors. Until an official customer quote is provided, all communication on this website or advertisement is provided as an example for informational purposes only, and is neither an offer nor a guarantee of available premium or coverage. Any coverage afforded by the products described are subject to and governed by the terms and conditions of each policy issued. This information may not be used to modify any policy that might be issued. Any information provided to assist in understanding the coverage we offer does not modify any insurance policy, nor does it imply that any claim is covered. Coverage is not available in all states or classes of business.

      © 2025 Hiscox Inc. All rights reserved. Underwritten by Hiscox Insurance Company Inc., 30 N. LaSalle St., Suite 1760, Chicago, IL 60602. As of December 31, 2024, HICI had admitted assets of $1,985,481,103 and policyholders surplus of $558,441,204. Total liabilities were $1,427,039,899 (inclusive of $846,124,559 of loss reserves) and paid-up capital stock was $4,242,000.

      icon-facebook
      icon-youtube
      icon-twitter
      icon-linkedin