NEXT Insurance Review

I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.

NEXT Insurance is a strong contender in providing coverage for businesses because of its flexibility in the types of protection offered. Customize and pay for only what you need with NEXT Insurance’s seven different policies. 

Next Insurance logo

Our Partner

Small Business Insurance

AT A GLANCE

  • Instant quote in less than 5 minutes
  • Phenomenal customer service
  • Instant proof of insurance
  • Rated “A- Excellent” by AM Best
Overall Rating
5/5
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Key Takeaways

NEXT Insurance provides the following benefits to its customers:

  • Extensive team of friendly experts ready to help you when you most need
  • Wide range of policies for your business: workers’ compensation, professional liability, tools & equipment, etc. It’s a one-stop shop for all business insurance needs.
  • Next Insurance is specialized in small businesses. Therefore, they have available the most suitable products for your small company.

Pros & Cons

Pros

  • Available in 49 out of 50 states
  • Completely online, no need to travel
  • Customer service is available anytime
  • Receive your instant quote within 5 minutes

Cons

  • Not all claims are in-house; the process may take longer.
  • Some may prefer somewhere with more in-person interaction.

Are you a small business owner or hoping to be someday? Do you have a passion you want to market to bring satisfaction to both you and your customers?

Starting a small business may feel daunting; it can still feel daunting even years and years later.  As a business owner, there is a lot to consider.

Damage, injury, and other possible setbacks can make your dreams feel further away. By enlisting proper protection catered to your practice and business, you can feel better about potential future issues.  

By ensuring your dreams, rest easy knowing your practice is safer than ever, especially if you choose NEXT Insurance. In recent years, NEXT Insurance has become a strong contender in protecting businesses across the country. 

Protect your workers, yourself, your vehicles, tools, building, and more with coverage from NEXT Insurance.  Next Insurance, founded in 2015, has modernized online coverage to protect modern business owners, making it accessible and easier than ever to purchase protection for your business so you can focus on what you love doing rather than sweating the small stuff. 

Check out all the most important information about this insurance company in our Next Insurance review.

Next Insurance icon

Quick Summary

Service: Insurance for Small Business Owners

Rates: Varies based upon the policy

Promotion: Up to 10% for multiple policies

About NEXT Insurance

NEXT Insurance was founded in 2015 and has supported small business owners since. NEXT Insurance has rapidly grown, adding more and more policies to protect your business and increasing their workforce to continue to deliver great valued protection across various business fields.

NEXT Insurance employs people who care and who have experience. Their three founders began as small business owners, so they have experience in some turmoil and strife and know how to turn those sticky situations around. 

Beyond them, a strong team of thousands behind the screen bringing their interests and experiences are there to support their customers.

You can count on advisors, managers, and data scientists to run the math, do the research, and provide answers and protection for anything your business needs.

Policies

Next offers seven different unique coverages for you and your business. Mix and match their policies to gain the protection you need; be rewarded for purchasing multiple coverage plans with a 10% discount.

General Liability

The general liability is handy for any accidents. Accidents happen, so you need to be vigilant in protecting yourself and your business. If you damage client property or suffer wear and tear on your tools, having protection will resolve any oopsies or accidents.

Workers’ Compensation

Workers’ compensation is required coverage for businesses in most states. With this protection in place worker bills and lost wages are covered when accidents happen.

Professional Liability/E&O

A professional liability plan will protect you if accused of making an error during working hours. Protect yourself and your workers from defamation or other accusations with professional liability protection.

Commercial Auto

Accidents do happen, especially on the road. When your business requires heavy traveling, commercial auto coverage can extend over tiny dents, tows, or other damages to other cars.

This policy can expand and grant protection over rental cars and employee vehicles. 

Tools & Equipment

In a profession requiring tools and hardware, you know better than anyone how crucial your tools are. Having damaged tools threatens your productivity and the quality of your work.

The Special Tools & Equipment policy is here to save you and your workers from any possible bumps in the road; replace lost or stolen tools to get you back in the working groove. 

Commercial Property

Beyond the physical building where you conduct business, the commercial property policy is an extension to protect everything you need to keep your business running clean.

You can expect nearly all inventory, equipment, and gear within your business to be covered.  Kiss uncertainty goodbye in times of water damage, fires, and more!

This policy ensures that we can help you get back on track, no matter what happens. 

Business Owner’s Policy

The Business Owner’s Policy is handy for businesses with a physical location. This plan combines general liability and commercial property to ensure that everything you need to keep your business running is protected.

The Business Owner's policy will cover possible water damage, power outages, and more. 

Who is NEXT Insurance Best For?

Now that you know in detail all the policies Next offers, let’s talk about in this NEXT Insurance review who this insurance company is best for. 

NEXT Insurance is best for all business owners at any stage. Whether just starting or a well-seasoned entrepreneur, NEXT Insurance has many unique policies that business owners can mix and match to find the best coverage for their business. 

If you work alone or have a team, flexible plans are available to protect what you need to.

Should You Use NEXT Insurance?

NEXT Insurance is a strong option for small business owners living across the United States (if you are not living in New York). Insurance has never been so accessible before; receive a quote, get your protection, and contact associates online. 

This insurance company has plans available that you can curate to your unique needs, even if you need micro-business insurance. 

If you are tech-savvy and enjoy working solely through an online setting, NEXT Insurance is a modernized option to allow you to get things going. 

NEXT Insurance

NEXT Insurance was created to give your business the coverage it deserves. Simple, affordable and tailored.

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FAQ's

For those who like to have all the information possible, this NEXT Insurance review includes answers to the most common questions.

Is NEXT Insurance a legitimate insurance provider?

Next Insurance is trusted by over 300,000 small businesses and has continued to grow since 2015. Next Insurance has also been graded as “A- Excellent,” by AM Best, which is the industry standard for insurance companies. 

You can trust Next Insurance to deliver the protection you need.

How long does it take to get coverage?

After filling out the form and establishing a quote, you can pay and start receiving your protection in less than 10 minutes! They also have a special discount if you decide on your plan soon after receiving your first initial quote. 

How does NEXT Insurance make money?

Next Insurance makes money based on the insurance plan you create. Different customizations of policy plans and factoring in the location and type of business will determine the cost of your unique program.

Monthly payments are the primary source of revenue, so you pay for everything in your plan monthly.  After filling out the form, receiving your quote, and picking the policies you want, Next Insurance administers a monthly bill.

How does NEXT Insurance keep my personal data safe?

NEXT Insurance keeps your data safe by hiring licensed insurance agents. You can feel comfortable knowing your representatives are there to protect your information. 

When purchasing NEXT Insurance and being evaluated for a quote, business owners sign up for an account. Your account is locked with a username and password to ensure privacy. 

Alternatively, making a phone call can also keep things encrypted.

I'm Donny. I'm a world traveler, investor, entrepreneur, and online marketing aficionado who has a big appetite to compete and disrupt big markets. I thrive on being able to create things that impact change, difficult challenges, and being able to add value in negative situations.

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