THG (The Hanover Insurance Group) Moat Score: 5/10 (As of Jun. 27, 2026)


THG The Hanover Insurance Group Inc THG
82 GF Score
Price $212.61
GF Value $201.18
Valuation Fairly Valued
! 8 Warning Signs
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What is The Hanover Insurance Group Moat Score?

The Hanover Insurance Group THG +2.43% 82 Moat Score is 5 as of Jun. 27, 2026. GuruFocus rates THG with a GF Score™ of 82/100 and a GF Value™ of $201.18 (Fairly Valued). The stock has 8 warning signs investors should review. Among 596 Insurance companies, The Hanover Insurance Group ranks better than 88.76% on this metric.

The Hanover Insurance Group has the Moat Score of 5, which implies that the company might have Narrow Moat - Solid narrow moat.

The Hanover Insurance Group has Narrow Moat: The Hanover Insurance Group Inc has a solid narrow moat due to its established brand and customer loyalty in the insurance industry. It benefits from some pricing power and regulatory barriers, but faces competition from larger insurers.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes The Hanover Insurance Group might have Narrow Moat - Solid narrow moat.

The Hanover Insurance Group  (NYSE:THG) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

The Hanover Insurance Group Moat Score Related Terms

THG vs KNSL, MCY, SIGI: Moat Score Comparison

For the Insurance - Property & Casualty subindustry, The Hanover Insurance Group's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Hanover Insurance Group Moat Score vs Insurance Industry

For the Insurance industry and Financial Services sector, The Hanover Insurance Group's Moat Score distribution charts can be found below:

* The bar in red indicates where The Hanover Insurance Group's Moat Score falls into.


THG
82GF Score
The Hanover Insurance Group Inc THG
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 5 mean?
The Hanover Insurance Group (THG) has a Moat Score of 5 as of Jun. 27, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, The Hanover Insurance Group ranks #67 out of 596 companies in the Insurance industry, placing it in the top 11.2%.
Is The Hanover Insurance Group's Moat Score too high?
The Hanover Insurance Group's current Moat Score is 5. Based on the distribution chart, The Hanover Insurance Group ranks #67 out of 596 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, The Hanover Insurance Group has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Hanover Insurance Group's Moat Score compare to KNSL and MCY?
According to the Insurance industry distribution chart, The Hanover Insurance Group ranks #67 out of 596 companies for Moat Score. This places The Hanover Insurance Group in the top 11% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Insurance company?
A good Moat Score depends on the Insurance industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. The Hanover Insurance Group's current Moat Score is 5. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hanover Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, The Hanover Insurance Group (THG) is currently considered Fairly Valued. The stock's GF Value™ is $201.18, compared to a current price of $212.61 — trading 5.7% above its estimated fair value. The current Moat Score is 5. The Hanover Insurance Group's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For The Hanover Insurance Group (THG), the current Moat Score is 5 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Hanover Insurance Group (THG) Overvalued in 2026?

Based on GuruFocus' analysis, The Hanover Insurance Group stock appears to be overvalued. The current stock price of $212.61 is trading 5.7% above its estimated GF Value™ of $201.18. GuruFocus considers The Hanover Insurance Group to be Fairly Valued.

Key valuation signals for THG:

  • Moat Score: 5
  • GF Value™: $201.18 vs. price of $212.61 (5.7% above fair value)
  • GF Score™: 82/100 with 8 warning signs

No single metric tells the full story. See the THG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Hanover Insurance Group Business Description

Other Exchanges AF4:Germany
Address 440 Lincoln Street, Worcester, MA, USA, 01653
The Hanover Insurance Group Inc is a holding company whose primary business is offering property and casualty insurance products and services. The company markets itself through independent agents and brokers in the United States while conducting business through Hanover Insurance, Citizens and other THG subsidiaries. The company conducts business operations through four operating segments: Core Commercial, Specialty, Personal Lines, and Other. The company operates an investment portfolio that is exposed to fixed-income securities.
82GF Score

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$212.61
Price
$201.18
GF Value