Comparing The Hartford for business property or BOP coverage? Here’s how RMO BizProperty stacks up — on multi-location coverage, equipment breakdown, and bundled member benefits.
How RMO BizProperty and The Hartford compare on coverage, channels, and member benefits.
| Feature | RMO BizProperty | The Hartford |
|---|---|---|
| Channel | Direct through RMO BizMembership | Independent agents + direct online |
| Plan Tiers | BizProperty I, II, III, IV | Quote-by-quote underwriting; BOP / standalone Property options |
| Locations Covered | 1 (I) · up to 3 (II) · up to 10 (III) · unlimited (IV) | Single-location BOP; multi-location placements through commercial lines |
| Building & Contents Coverage | Included from BizProperty I | Included |
| Business Income Protection | Included from BizProperty II | Included on most BOP and commercial property programs |
| Equipment Breakdown Coverage | Included from BizProperty III | Available as endorsement |
| Ordinance & Law Compliance | Included from BizProperty III | Available as endorsement |
| Agreed Value (No Coinsurance Penalty) | Included at BizProperty IV | Available with specialty placement |
| Flood Coverage | Included at BizProperty IV | Typically separate (NFIP / private flood) |
| Workers’ Comp / Commercial Auto | Sold separately by RMO | Yes — one of Hartford’s strongest commercial lines |
| BOP (Business Owner’s Policy) | BizProperty + separate liability lines | Yes — Hartford’s flagship SMB product combines property + GL |
| Established Insurance Carrier | Backed by RMO Insurance | Yes — Hartford has 200+ years of insurance history |
| Member Pricing on Other Products | Yes — banking, treasury, business protection, more | Multi-policy discount within Hartford lines |
| Membership Required | Yes — RMO BizMembership (I/II/III by tier) | No membership needed |
Coverage details summarized for comparison. Specific covered perils, sublimits, exclusions, deductibles, available endorsements, and pricing vary by underwriting and quote.
Coverage scope and number of locations expand across BizProperty tiers.
Requires BizMembership I
Requires BizMembership I
Requires BizMembership II
Requires BizMembership III
Prices reflect current monthly rate cards and do not include the cost of BizMembership. Final premium may be adjusted based on industry, building, and exposure.
Both providers cover real ground. They suit different SMB profiles.
Join RMO BizMembership to access BizProperty and other business member benefits. Higher BizProperty tiers require BizMembership II or III.
Pick the tier that matches your location count and coverage needs, then request a quote based on your industry, buildings, and exposure.
Once your BizProperty policy is bound with an effective date, contact your Hartford agent to cancel for that date. They typically issue a prorated refund.
The Hartford is a long-established commercial insurance carrier known for small-business products including Business Owner’s Policy (BOP), commercial property, workers’ comp, commercial auto, and broader specialty programs. They sell through independent agents and direct online for many SMB risks. RMO BizProperty is a tier-based property product designed to bundle with broader RMO BizMembership benefits.
BizProperty I covers 1 location. BizProperty II covers up to 3 locations with a valuable inventory rider. BizProperty III covers up to 10 locations with equipment breakdown coverage. BizProperty IV covers unlimited locations with agreed value (no coinsurance penalty), flood, and equipment breakdown.
Yes — business income protection is included from BizProperty II ($135/mo). The Hartford also offers business income / business interruption coverage as part of their commercial property and BOP programs.
BizProperty is a property product. For combined property + general liability under one Hartford BOP, that’s currently a Hartford strength. RMO members may need to combine BizProperty with separate liability lines for similar coverage. If a single integrated BOP matters to you, Hartford is the better fit.
BizProperty IV includes flood coverage. The Hartford typically writes flood through NFIP or private-flood programs as separate policies. If your building is in a flood-prone area, BizProperty IV bundling flood may simplify things.
Get a BizProperty quote, bind the new policy with an effective date, then contact The Hartford or your broker to cancel for that date. They typically issue a prorated refund. We recommend overlapping coverage by one day so you’re never uninsured.
Become an RMO Business Member and access BizProperty along with banking, treasury, and the rest of your member benefits.
