Next Insurance Review 2025 – Is This Company Legit?
Next Insurance is a digital-first insurance company that makes business insurance simple and easy for small businesses, freelancers, and entrepreneurs. They promise affordable, customized insurance policies with easy coverage management.
As a team of insurance experts at Venture Smarter, we wanted to find out if Next Insurance lives up to the hype.
Our Verdict on Next Insurance
Next Insurance is perfect for small business owners, freelancers, and independent contractors who need affordable and customizable coverage. Their digital-first approach and competitive pricing make it an excellent solution for those seeking simple and reliable insurance.
The platform is easy to use, with fast quoting and customizable options that make it a winner for entrepreneurs on a budget.
Whether you're just starting or already established, Next Insurance offers straightforward, affordable protection for small businesses.
Our #1 Recommendation
Next Insurance
What is Next Insurance?
Next Insurance is an online insurance provider offering affordable coverage for small businesses and independent contractors.
They provide a range of policies, including general liability, professional liability, commercial auto, and workers' compensation.
The platform makes buying and managing business insurance simple through an easy-to-use online interface where you can customize insurance, get quotes, and manage policies all in one place.
This allows small businesses and freelancers to obtain insurance quickly without the hassle of lengthy processes or extensive paperwork.
Next Insurance Review Scores
In our Next Insurance review, we’ve rated it across the things that matter most to small businesses and freelancers.
Our scores are based on hands-on experience and research, to give you an idea of how the platform compares to others for support, pricing, user experience, features, and turnaround times.
Here’s the breakdown:
Support - 4.9/5
Next Insurance offers solid customer support through phone, email, and an extensive help center. Users can reach knowledgeable support teams quickly with helpful and fast responses. Wait times may be slightly longer during peak periods, but overall the support experience is smooth.
Price - 5.0/5
Next Insurance is competitively priced with rates lower than traditional insurers. There are no hidden fees—users only pay for what they need. The platform offers affordable plans without sacrificing comprehensive coverage, perfect for freelancers and startups.
User Ratings - 4.6/5
User reviews are generally positive, with many praising the affordability, ease of use, and fast claims processing. Customers appreciate the ability to buy policies online and customize coverage, though some note that additional coverage options could be clearer during sign-up.
Ease of Use - 4.8/5
The platform features a simple and intuitive interface for buying and managing insurance. The online application is fast, policies can be customized to business needs, and the dashboard provides an easy overview of coverage and invoices.
Features - 5.0/5
Next Insurance includes customizable coverage, industry-specific policies, and comprehensive online policy management tools. Key features like general liability, workers comp, and professional liability are well-suited for freelancers and small businesses.
Turnaround - 4.7/5
Policy approval and claims processing are fast. Many users receive quotes in minutes and coverage within hours. Claims are processed quickly, with most users reporting prompt payment after filing. Turnaround times significantly beat traditional insurers.
Next Insurance Services, Features & Prices
Next Insurance offers several core insurance packages for small businesses, freelancers, and independent contractors:
- General Liability Insurance starts from $19/month and covers third-party bodily injury, property damage, and advertising injuries. Plans are flexible based on business size and needs with fast online quotes and customizable coverage options.
- Professional Liability Insurance begins at $25/month for businesses providing professional services or advice. This covers claims of negligence, errors, or omissions, protecting your reputation and assets in case of lawsuits.
- Workers' Compensation Insurance starts from $45/month and protects your business and employees in case of work-related injury or illness. Available in states where required, with flexible pricing based on employee count and work type.
- Commercial Auto Insurance is offered from $42/month for businesses using vehicles for work, covering accidents, property damage, and injuries. Pricing depends on driving record and number of vehicles.
Additional Features
In addition to its core insurance services, Next Insurance has a range of add-ons to enhance the customer experience.
Here’s a list of the extras:
- Live Support ($0–$25/month)
- Customizable Coverage (From $0)
- Mobile App (Free)
- Instant Certificate of Insurance (Free)
Benefits
Next Insurance stands out for several reasons.
The low cost makes it one of the most competitive options in the industry, with budget-friendly plans that don't break the bank.
Customized policies allow you to tailor coverage to your specific needs across various insurance types, from liability to workers comp.
The fast and easy application process means you can apply online, receive a quote in minutes, and purchase your policy without paperwork or in-person visits.
The instant certificate of insurance feature lets you quickly provide clients proof of coverage.
Finally, 24/7 customer support ensures help is available whenever you need assistance with claims or policy changes.
Downsides
While Next Insurance excels in many areas, it has some limitations.
The platform offers limited insurance types and doesn't cover every specialty - if you need property insurance or health insurance, you'll need to look elsewhere.
There's no in-person support since it's entirely online-based, which may be a drawback for those preferring face-to-face interactions.
Additionally, it's not ideal for larger businesses as the platform is designed specifically for small businesses, so companies with more complex needs may find the coverage insufficient.
Who Should Hire Next Insurance?
Next Insurance is perfect for small business owners, freelancers, and independent contractors who need affordable and flexible insurance coverage.
Whether you’re a consultant, contractor, or service-based business Next Insurance has customizable plans to suit your needs.
If you’re just starting out or have a limited budget Next Insurance’s low-cost options are perfect for entrepreneurs who want basic coverage without the big cost.
But if you need special coverage such as professional liability or commercial auto their various add-ons means your policy can grow with your business.
Next Insurance is also great for businesses looking for a digital-first experience with easy policy management and customer support.
The quick quoting and instant COI make it a great choice for busy business owners.
Customer Reviews
Next Insurance Alternatives
Here’s how Next Insurance compares to some of its top competitors in the business insurance space:
Hiscox
Hiscox is a reliable small business insurance provider and offers similar coverage but tends toward more comprehensive policies at higher costs. While Hiscox has a longer history and may appeal to those wanting established brands, Next Insurance provides more budget-friendly options with comparable coverage.
Chubb
Chubb is a premium insurer offering highly customized policies for larger businesses and high-risk industries. While Chubb excels in service and risk management, their policies cost significantly more than Next Insurance. Chubb suits businesses with complex needs, while Next Insurance serves growing entrepreneurs seeking value and simplicity.
Progressive
Progressive is a business insurance provider, especially for commercial auto and fleet insurance. They specialize in commercial auto and fleet insurance with an easy-to-use online platform, but their pricing is generally higher due to more extensive options. Next Insurance's policies are more geared toward freelancers and small businesses, making it better for individuals or small teams with specific coverage needs.
Verdict
Next Insurance offers a streamlined approach to business insurance with competitive pricing and user-friendly digital tools. As Venture Smarter, we believe this review gives you the insights needed to determine if Next Insurance aligns with your business protection needs.
Our #1 Recommendation
Next Insurance
FAQs
1. Is Next Insurance for Small Business?
Yes, Next Insurance is for small businesses, freelancers, and independent contractors, with customizable and affordable coverage for general liability, professional liability, and more. It’s perfect for those who want simple and straightforward policies.
2. How much does Next Insurance cost?
Next Insurance is affordable, policies start at $25/month for general liability. Prices vary depending on the type of cover you need and the size of your business.
3. Does Next Insurance cover Workers Comp?
Yes, Next Insurance offers workers comp for businesses with employees, to protect both your employees and your business in case of injury or illness. Pricing is based on number of employees and type of work.
4. Can I customize Next Insurance policies?
Yes, Next Insurance lets you customise your cover based on your business’s needs. You can add extra cover options like professional liability or commercial auto insurance all through the online platform.
