NEXT Small Business Insurance Review

  • 14 Nov 2023
  • Written by Olivia Gwynne
  • Advertising Disclosure

    BumblBee.com may earn a commission when a user completes an action using our links, which will however not affect the review but might affect the rankings. The latter is determined on the basis of product market fit and compensation received.

    The information contained in BumblBee.com should not be conceived as legal, financial or investment advice nor as an endorsement of any of the products or services referenced in BumblBee.com. As disclosed in the Terms and Conditions all information on BumblBee.com is subject to change. BumblBee.com does not contain an exhaustive list of all lending or insurance partners in each category.

NEXT is a digital-first business insurance company that stands out for its ease of use and dedication to serving small businesses. They offer a wide range of policies - from general liability to professional liability - with the option to bundle two or more policies for a 10% discount. They provide industry-specific packages, such as those for construction, child care, and fitness businesses!

Get a Quote

Their commitment to small business shines through in their tailored insurance solutions for over a thousand different business types. When you need assistance, NEXT has advisors to guide you in understanding your options.

NEXT Insurance excels in simplifying the insurance purchasing process, catering to digital-savvy business owners. In contrast to traditional carriers, they leverage technology to provide a hassle-free experience. Moreover, their pricing is competitive, especially for coverages like General Liability, making them a cost-effective choice in an uncertain economy. Their user-friendly platform allows for quick policy adjustments, claims filing, and quick access to support.

One of their biggest strengths is their transparency, as they present pricing and coverage details in a straightforward manner, avoiding complex insurance jargon. To assist customers in understanding their insurance needs, they offer resources like the Business 101 eBook and a helpful support center.

Founded in 2016, NEXT is well-equipped to support entrepreneurs in the US. They handle their own claims and hold an independent rating from AM Best, a leading credit rating agency. Their recognition in prestigious publications like The Wall Street Journal, Forbes, on CNN, and CNBC reflects their reputation and credibility.

With over 500,000 satisfied business owners, NEXT Insurance offers convenient and affordable insurance solutions tailored to various industries. If you're looking for quick and accessible business coverage, especially if you prefer managing everything online, NEXT is an excellent choice.

A little bit more about NEXT…

Led by people, powered by technology. Behind their groundbreaking AI-based technology there are hundreds of “us”. Designers, insurance advisors, data scientists, product managers & more. They’re passionate about helping businesses achieve their goals & are committed to serve the needs of business owners.

NEXT itself is a small business at heart. The three founders started their careers as small business owners so they’ve been there and are committed to supporting the journey of your business.

#BuiltbyBusiness

The pandemic stranded thousands of small businesses across the country without work.

So NEXT hired as many as they could to help make their first commercial—because their business is keeping you in business, and they really mean that. People made some pretty amazing things for them, take a look here.

Olivia Gwynne

Olivia Gwynne

Just a content creator who loves to write and flex my research skills whenever I get the chance! I love learning about and sharing my knowledge of the financial world, health & wellness, and travel tips!