Get Instant Coverage

After completing the interview, you can buy same-day coverage or start at a future date.

You will see a policy with recommended coverage amounts and applicable discounts. It’s possible to customize your policy benefits or drop to the minimum coverage to get the ideal protections for your preferred budget.

The service also lets you preview your insurance certificate for potential coverage gaps. You can use this opportunity to compare your existing certificate to this sample if you’re comparing rates.

If you’re not ready to buy insurance just yet, you can save your quote. The platform lets you email the quote to your agent to compare prices easily. 

On-Demand Policy Modifications

Once you have active coverage, you can effortlessly modify it and add additional insured parties at any time. 

The online platform previews your new insurance rate before implementing the changes.

Filing a Claim

It’s easy to file a claim with Next Insurance. Simply log into your account online or call the company to inform them of your claim. Then, provide the necessary supporting materials.

Next Insurance will resolve your claim as quickly as possible.

While most claims are paid out via check, some can be paid using direct deposit.

How Much Does Next Insurance Cost?

Prices can vary based on your needs. Fortunately, it’s free to request quotes from this insurer. 

Your first and last month’s premiums are due upfront. After that, you can make monthly payments for the remaining balance. 

Your monthly and yearly pricing depends on several factors, including your:

• Business type
• Location
• Coverage amounts
• Deductible
• Policy types
• Previous insurance history

There are three pricing tiers. These include Basic, Pro and Pro Plus. Each one has different per incident and per year coverage amounts.

Most products start at $20-$25 per month for minimal coverage. However, you could pay as much as $95 if you choose the most extensive coverage.

As a reminder, Next Insurance isn’t an insurance marketplace that offers policies from several carriers. It’s wise to obtain quotes from several carriers to compare premiums and get the best rate.

Insurance Discounts

You might be eligible for multiple discounts that reduce your premiums.

Next Insurance offers the following discounts:

• Bundling discount (up to 10%)
• Established business
• Claims-free history

The carrier states that your discounted rate can be up to 30% cheaper than competing policies.

Insurance Cancellation

It’s also affordable to cancel your coverage before your policy renewal date. Early cancellations are penalty-free. 

If you decide to cancel early, you will receive a prorated reimbursement for your remaining premium.

Key Features

Here are some of the best reasons to use Next Insurance.

Instant Quotes

Being able to request quotes instantly makes the insurance process hassle-free. Other insurance companies may have you speak with an agent for a ballpark estimate.

With Next Insurance, you have full customization options to pick your ideal policy at any time without needing to talk to an agent. 

Unlimited Certificates

You can easily add third parties and obtain proof of insurance certificates from the website or mobile app. This feature is available 24/7. 

Better yet, you can email your credentials directly to others. This electronic evidence lets you quickly help vendors and clients who need this documentation.

A traditional insurance agent can take several days to process your request. It can also be more challenging to obtain a copy of the certificate.

Licensed Advisors

While you can purchase your entire policy without speaking to an agent, you do have access to a licensed advisor. 

These United States-based advisors are available by phone or online chat. They can help answer your questions about coverage and claims.

Quick Claims Processing

Most Next Insurance claims are processed within 48 hours. Other agencies may take up to 15 days to finalize similar claims.

You and non-policyholders can also file a claim online or by calling an agent.

100% Online Capabilities

Next Insurance is entirely digital. You can open a policy and manage it online or through the mobile app. 

You might prefer this provider if you want to avoid calling or meeting your insurance agent each time you need assistance.

However, you do have the option to call a Next Insurance representative if you need help filing a claim.

Next Insurance Reviews

If you are on the fence about Next Insurance, knowing what current customers have to say about the insurer can help you make a decision.

Here is how the company ranks on the various rating websites:

Here are a few reviews, both positive and negative, from Next Insurance customers:

“Next is very affordable, convenient and the best insurance for my business. I’m glad I found you guys! Customer service is great. And you can do add-ons to your major plan!.” — Brett C.

“Affordable commercial auto and general liability insurance with the simplicity of doing everything online. I love being able to get an immediate certificate of insurance to send to my customers via email and add them as a certificate holder with ease!” — MisterDetail1

“I spent 20 minutes asking all their questions, then they said they could not insure me due to THREE answers to my questions that were at the END of the interview. They need to ask these questions UP FRONT and tell the user right away they are disqualifying.” – Phil K

Next Insurance Alternatives

You may consider getting business insurance quotes from other providers if you aren’t sure about Next Insurance. Here are some of the top alternatives.

Thimble

Thimble provides similar coverage options as Next Insurance. You can complete the quote process online in minutes. 

With Thimble, businesses in the following industries can get coverage:

• Contractors and handymen
• Entertainment professionals
• Fitness and personal trainers
• Landscapers
• Pet sitters
• And more

This platform also lets you purchase on-demand event insurance and drone insurance. Other services may only offer ongoing business purchases, which may not cover certain one-time situations.

Trustpilot score: 4.6 out of 5

Hiscox Business Insurance

You can get online quotes or speak with a licensed agent through Hiscox Business Insurance. 

This service offers more add-on insurance products, such as:

• Cybersecurity
• Umbrella
• Directors and officers

Hiscox provides coverage to over 180 different professions. Freelancers and larger businesses can choose customizable policies. 

You may prefer this company since they have been in business for over 100 years. 

Trustpilot score: 4.6 out of 5

CoverWallet

CoverWallet offers extensive commercial insurance coverage options for small businesses. Sole proprietors can also obtain coverage.

This insurer works with the following business types:

• Accountants
• Beauty Salons
• Contractors
• Healthcare
• Restaurants
• Truckers
• And more

You can get free online quotes and speak to licensed advisors by phone. The service even lets you instantly get your insurance certificate and obtain additional coverage without an agent.

Trustpilot score: 2.5 out of 5

FAQ

These questions can help you decide if Next Insurance is the best option for your business insurance needs.

Summary

Next Insurance can fulfill your business insurance needs at a competitive price. You may appreciate this platform since you can obtain coverage online within minutes and still have access to an agent.

Buying small business coverage from Next Insurance is convenient in many aspects. However, you may prefer the hands-on help of a local agent for personalized service.

Ultimately, the right business insurance company for you depends on your specific needs and budget.