Best Online Business Insurance of 2023

Our Approach:

We’ve rounded up thebest small business insurance companiesthat offer quotes and services 100% online. Providers are ranked based on the following factors:

1. User-friendly website or mobile app
2. Types of coverage offered
3. Cost and value of coverage
4. Digital proof of insurance and claims filing process
5. Virtual customer service options

When selecting an insurance company for your business, you’ll want to consider what type of coverage you need, how much you can afford in monthly premiums, and the amount of risk associated with your type of business. Learn more aboutsmall business insuranceand why it’s important to protect your business assets.

Next Insuranceis best option for small businesses looking to buy business insurance online. With sleek mobile apps and an easy-to-use website, business owners can get a quote, customize their policies, sign up, and download an instantCertificate of Insurance(COI) without speaking to a broker or walking into an agency. Policyholders can pay insurance premiums, download proof of insurance, access PDF policy documents, and even file insurance claims from their phone or computer.

Thanks to their 100% digital buying process, Next Insurance was named one of the “Top 50 Disruptors of 2022” byCNBC. Next Insurance also uses AI and machine learning to customize coverage options that cater to each individual business. In addition to common types of business insurance policies, Next Insurance also offers specific coverage by industry and by state. With Next, you can get a quote and buy business insurance in just a few minutes. Best of all, their customer support team boasts rapid response times, responding to most inquiries within 24–48 hours.

Some types of business insurance coverage that Next Insurance offers include:

• 一般Liability Insurance
• Business Owner’s Policy (BOPs)
• Commercial Auto Insurance
• Commercial Property Insurance
• Professional Liability Coverage (Errors and Omissions Insurance)
• Hired & Non-Owned Auto Insurance
• Liquor Liability Insurance
• Tools & Equipment Insurance
• Workers’ Compensation Insurance

Pros

• Get a quote and buy coverage same-day (10 minutes or less)
• iOS and Android apps for complete management of your policies
• Competitive premiums designed for small businesses
• Customizable coverage based on need and budget
• Convenient online chat support with fast response times

Cons

• No brick-and-mortar locations; 100% online business insurance
• Some specialized types of insurance coverage, like key person insurance, are not yet available

If you’re looking for an insurance marketplace with the best quotes for business insurance,Tivlyis widely known and well-respected. This company takes the guesswork out of comparing quotes and coverage by putting policy options side-by-side under one online dashboard. Tivly works with the top business insurance companies to help you narrow down the search for a policy that’s perfect for your business. Signing up online with Tivly only takes a few minutes and support is also available by phone when you need it.

One feature that makes this company one of our favorite options is the ability to manage multiple policies from different insurance companies in one place. No need to keep track of complicated login information or even what policy is provided by what company. With Tivly, you can manage all of your insurance products, view policy documents, pay premiums, and even file claims all from their convenient online dashboard. If your business needs to carry more than one or two insurance policies, Tivly may be the way to go.

Tivly offers:

• Business Owner’s Policy
• 一般Liability Insurance
• Business Interruption Insurance
• Commercial Property Insurance
• Professional Liability Insurance
• Commercial Auto Insurance
• Workers’ Compensation Insurance
• Commercial Umbrella Insurance

Pros

• Great customer service via online chat and phone
• Easy-to-navigate website
• Manage all of your policies under one roof
• Shop and compare business insurance policies from multiple providers

Cons

• Tivly is not a direct insurance provider.

CoverWalletis another good insurance marketplace that allows small businesses to shop and compare coverage from multiple providers. With CoverWallet, business owners can get quotes and sign up for coverage all through their easy-to-navigate website. The company has partnered with a wide range ofsmall business insurance providers,很多人超过我们的列表Best Small Business Insurance Providersin 2023.

If you’re looking to expedite your insurance search, CoverWallet can connect you with the best companies with the best rates, all while allowing you to manage your policies via their website. Customer service is available both online and by phone with fast response times. They also offer customized business insurance products for unique circumstances that you may not find elsewhere.

Unique types of business insurance policies offered by CoverWallet:

• Garage Liability Insurance
• Pollution Liability Insurance
• Professional Liability Insurance (Errors and Omissions Coverage)
• Liqour Liability Insurance
• Medical Malpractice Insurance

Pros

• Easy-to-navigate website
• Get fast, online quotes for multiple policies
• Pay premiums, download documents, and manage policies online
• Customer service available by online chat, phone, or email

Cons

• Brokerage fees may apply
• Quotes can take 24–48 hours depending on the provider

The Hartfordis another well-known provider that offers online quotes andinstant coverage for businesses所有的类型和大小。200多年来,哈哈rtford has helped millions of business owners protect their assets with customized insurance packages based on the coverage they need at prices they can afford. If your business is under a strict budget, The Hartford may be able to customize your insurance policy to include only the coverage you need while stripping away the coverage you don’t, which can save you hundreds of dollars long-term. Support is available online via chat or email and phone if you prefer to speak to an agent. The Hartford also has an extensive insurance blog to help you learn more about the world of business insurance and answer any questions you may have about coverage.

Small business policies that The Hartford offers include:

• Business Owner’s Policy
• Commercial Auto Insurance
• Business Liability Insurance
• Commercial Property Insurance
• Lost Business Income Insurance
• Business Interruption Insurance
• Professional Liability Insurance
• Workers’ Compensation Insurance
• Cyber Insurance
• Commercial Umbrella Insurance
• Employment Practices Liability Insurance

Pros

• Long history with an A+ financial strength rating through A.M. Best
• Easy online quote generator with great rates
• Named "World’s Most Ethical Company" by Ethisphere Institute
• Customizable insurance policies based on need and budget

Cons

• Poor J.D. Power "Small Commercial Insurance Study" reviews
• Complaints through the National Association of Insurance Commissioners.

Read our fullThe Hartford Small Business Insurance review.

Just getting started?Hiscoxis a business insurance company that has helped thousands of small businesses, micro-business, andstartupsprotect their business. If you have been denied coverage by another provider due to limited history or other factors, Hiscox may be able to help you get the coverage you need. Types of coverage includeshort-term business insurance policies, industry-specific policies, and policies for a wide range of professionalservice-based businesses.

The company also has a clean, well-designed website on which you can get quotes and sign up for coverage without the need to speak to an agent. If you do need help, Hiscox has a dedicated team of professionals ready to walk you through types of coverage and policy details, and even match you with a policy that fits your needs and budget.

Some types of business insurance that Hiscox offers:

• 一般Liability Coverage
• Professional Liability Coverage
• Business Owner’s Policy
• Short-Term Insurance Policies
• Cyber Insurance
• Workers' Compensation Insurance
• Coverage for 180+ professional services

Pros

• Online quote generator
• Specializes in small business insurance
• Serves businesses of all sizes and new businesses
• High ratings by major rating firms
• Educational website and podcast
• Over 10,000 positive customer reviews

Cons

• Most customer reviews can only be found on the company’s website.

Read our fullHiscoxSmall Business Insurance review.

Before you start your search, you’ll want to know what type ofsmall business policyyou’ll need to protect your business and its assets. To start, ageneral liability insurancepolicy orbusiness owner’s policybundle should cover most small businesses and startups from common risks. Depending on your business, you may want to consider one or more of the following business insurance policies:

• Commercial Auto Insurance
• Commercial Property Insurance
• Business Income Insurance
• Professional Liability Insurance(also known as “Errors and Omissions” or “E&O” Insurance)
• Workers’ Compensation Insurance
• Cyber Liability Coverage (also known as Data Breach Insurance)
• Commercial Umbrella Insurance

The type of business you operate, the potential for risk, and budget will determine which business insurance policies you’ll want to consider.

Learn more about the differenttypes of business insurancewith our complete guide.