Next Business Insurance Review

Wide Range of Coverage Options

Next Insurance offers 11 different types of coverage to suit a full complement of small business needs. Coverage is customizable, but when you fill out an online quote request, the company will make suggestions on what type of coverage it believes is best for you. If you've never purchased business insurance before, this beginning advice can be very helpful. Next Insurance also provides succinct definitions of each type of coverage it offers to help new customers get grounded in the world of business insurance. 

Coverage options are as follows: 

• General Liability
• Professional Liability
• Workers Compensation
• Commercial Auto
• Commercial Property
• Business Owner's Policy
• Non-owned Vehicle 
• Tools and Equipment
• Liquor Liability 
• Comprehensive Business Insurance

 Policy Costs

The cost of a business insurance policy depends on the types of coverage you choose and the coverage limits that are appropriate for your company. Although Next Insurance is dedicated to small business, small businesses come in a lot of different shapes and sizes. The more complex your operations are and the higher your exposure would be in the event a lawsuit was filed against you will help you hone in on your coverage choices and limits. That's a pretty vague answer, right? But you can easily get specifics from Next Insurance by requesting an instant online quote. The process takes about 2 minutes and makes it easy for small business owners to compare insurance companies side by side. 

Company Reputation

Next Insurance isn't a huge company but it's currently serving about 100,000 customers. The company reports that it earns 4.7 out of 5 stars from Google and enjoys an A+ rating from the Better Business Bureau. Its mobile app earns 5 out of 5 stars from users on the Apple App Store 3.9 out of 5 stars on GooglePlay. In addition, the company has an aggregated 5-star rating from reviews on such sites as General Contractor and Home Inspector.

A.M. Best, the independent organization that evaluates the strength of insurance companies, gives Next Insurance an A- rating and a stable financial outlook.

Next Insurance was recognized by Inc. magazine, ranking 73 in the publication's list of 250 Best-Led Companies. For a company that is only six years old, that's a fair roster of accolades and gives us confidence in the quality of Next Insurance's customer service and ethics. 

Customer Service

Next Insurance gets points for giving you what they advertise: a free quote in just minutes. No need to wait for an email or for a salesperson to call you back. So the company's off to a good start with us. Certificates of Insurance are issued immediately once you pay for your policy. The company also publishes an informative blog that discusses insurance issues across multiple business sectors and answers some of the common questions.