Top Business Insurance Providers for 2025: Compare the Best Online Options

Next Insurance: The Top Online Business Insurance Agency

Policy Types Available Online: BOP also known as business owners policy, liability insurance, commercial property insurance policy, professional liability insurance policy, worker compensation insurance policy and commercial automobile insurance policy. Workers compensation is also followed is some states by hired auto and non owned auto policies, tools and equipment, and liquor liability policies.
Pros

• Avails a 10% discount on the customer’s insurance policies whenever the customer buys more than one policy.
• Direct claims handling being that Next underwrites its own policies.
• Has a facility that issues a digital certificate of insurance which can be forwarded to clients, landlords, or anyone for that matter.

Cons

• Customer support is provided primarily in the form of a live chat.
• It does not provide specialty cover like directors and officer insurance that business people have to seek from other companies.

Why We Like It

Overall, it is highly recommended for any kind of business to consider Next Insurance for cheap online business insurance policies needed by young start-up entrepreneurs. Their industry-specific packages help a businessman can buy coverage varying in the required industry all at once. This addition makes it easy to provide insurance documents to clients or landlords whenever they require it as all one needs is a Live Certificate.

Chubb: Which one is best suited to update your business owner’s policy, bought over the Internet?

Policy Types Available Online: BOP, general liability, commercial property, professional, workers compensation, umbrella and cyber.
Pros

• One of Chubb’s features of its BOP is that it comes with business interruption insurance and extra expense coverage, whereas those components are actually additional options in most BOP packages.
• The BOP offered by Chubb includes accounts receivable records coverage.
• The automated coverage companion makes the online shopping process easy and simpler.

Cons

• Unfortunately, Chubb does not have a small business auto insurance policy for direct purchase online as explained above.
• The only policies that can be bought online are simple ones; other products, such as employment practices liability insurance, can only be obtained by getting in touch with an insurance agent.

Why We Like It

One of the most important aspects of Chubb’s business owner’s policy is that it comes with extra features such as extra expenses and accounts receivable which are usually excluded in most BOPs. According to the Insurance Information Institute, Chubb is the largest provider of commercial insurance in the United States and, using both its reliability and technological savvy, has developed a user-friendly online platform. This is where their automated coverage companion bot is helpful to the owners of small businesses to select the right coverage for themselves online.

Huckleberry: Top Restaurant Business Insurance for Online exposure

Policy Types Available Online: BOP, general liability, commercial property, workers compensation, commercial auto, professional liability, umbrella, cyber crime, employment practices, directors and officers, and fiduciary. Other enhancements that can be included into the BOP are hired and non- owned auto insurance, liquor liability insurance, spoilage insurance and equipment breakdown insurance.
Pros

• Provides many categories of insurance policies availing Special Personal Lines such as directors & officers insurance and Employment Practices Liability Insurance.
• Some of the key protections in the restaurant endorsement for BOPs are: spoilage coverage, food contamination coverage etc.
• Opportunity to include liquor liability insurance to a BOP.

Cons

• The company does not exist in North Dakota, Ohio, Washington, and Wyoming.
• Policies are reinsured with other insurers so you will be dealing directly with those underwriters when making a claim.

Why We Like It

Huckleberry has the largest number of policy types offered by an online business insurance provider among all the companies we have reviewed. It’s especially ideal for restaurants owing to its restaurant endorsement featuring specialized features such as spoilage and food contamination. The ability to tack on liquor liability insurance then adds even more to it’s appeal for restaurant owners who need strong, specialized insurance.

Thimble: Today, we go through and explain the best online business insurance for contractors.

Policy Types Available Online: BOP, GL insurance, property insurance, liability insurance or errors & omissions insurance, workers comp, commercial auto insurance, cyber-risk insurance, inland marine /business contents, and drone insurance. Business interruption, equipment breakdown and hired and non-owned auto insurance can also be included in BOPs. Also it is integrated with general liability where inclusion of product liability insurance is provided as well.
Pros

• Has rather liberal policies on rental that can be made for daily, monthly or for an occasion.
• Equipped with a Certificate Manager for contractors or those in charge of contractors whereby signed contracts can be sourced for insurance that complies with the contractual wordage or see to it that a contractor has the appropriate coverage.

Cons

• Thus, the customer care platform is only via email and live chat services.
• it works together with with other insurance companies, which means you will need to engage the companies that Thimble partners with to process claims.

Why We Like It

Thimble offers special features that are designed for contractors who may work on separate projects or functions most of the time. Short-term policies ensure that you can satisfy the legal conditions where you need to purchase the policy due to a contract without enduring for a year. Furthermore, the Certificate Manager assists and organizes the contractor hirer company and its contractors regarding coverage and all insurance needs, and third party requirements.

CoverWallet: The best online marketplace for handling multiple policies.

Policy Types Available: BOP, general liability, business property, professional liability, commercial auto, workers compensation, umbrella, D&O, cyber liability and others.
Pros

• Apply for a quote once and get quotes from several insurers.
• With CoverWallet, policies, payments of premiums, and management of claims can be done from a single platform.

Cons

• Orders might not be made online until the final stage; some of them can be made through a phone call.

Why We Like It

CoverWallet strictly functions like a platform where clients can get various insurance options and not an insurance company itself. It helps to save time when it is necessary to receive quotes because you can work with several insurers at once. Though you can get insurance offered by CoverWallet, in some cases, you will have to call to complete the purchase. The Pros & Cons of the platform are also easy to navigate through and you get to have your insurance policies all in one place.

The best guide for you if you want to learn how to buy business insurance online.

Purchasing business insurance online can be completed in just a few minutes by following these simple steps:

1. Determine Your Coverage Needs

Determine the kind of coverage needed with regard to the dangers involved in a business operation. As you enter details about your business most online insurance providers will recommend to you. For example, there are choices that they will probably recommend for you because of your response, such as if you have employees, they will recommend that you get workers’ compensation insurance. Furthermore, consultation of lease and any contract that may be in place, come in handy when it comes to listing down contractual insurance. Remember that your state may require the likes of workers compensation or commercial auto insurance.

2. Obtain a Quote

To get a business insurance quote you will be asked some questions about your business. This pertains the address of the property owned or rented, the total number of employees whom you have on your payroll, your estimated gross sales in the past year and your employer identification number or EIN. With this information, the online insurance firm will develop a financial projection of your insurance needs and provide you with an insurance quote. The cost of business insurance will depend with the type of business, its size and geographic location. To give you a better chance of comparing rates, ask for prices from different providers. For instant, Covered or Simply Business offer a comparison interface where you can obtain multiple quotes at once.

3. Compare Your Options

Business insurance policies are usually standardized but there might be different endorsements or exclusion on the side of the insurance company. You need to contact the insurer if you want to know whether a certain policy will keep you safe in case of an accident before you invest your money. Moreover, spend time studying the satisfaction of customers and financial health of the insurer is crucial, especially if you have to work with the companies like Thimble or Huckleberry because they can provide claims cooperation with other insurance companies.

4. Purchase Your Policy

When dealing with an online business insurance provider, the process of buying your policy should not be complex, this should take only some of the following steps. As a rule, coverage can start right the same day or the following day at the latest.

List of Primary European Business Insurance Suppliers for Business in 2025

As we foresee in 2024, there are a number of business insurance providers in Europe that offer extensive portfolios and an excellent approach to customers. AXA is an insurer that is active in many countries in Europe and counts several insurance solutions aimed at SMEs. The Allianz company provides strong business insurance options and highlights the possibility of choosing the type of insurance contract depending on certain risks. Zurich Insurance is popular with the consumers as it provides first-rate customer relations and the service offerings include professional indemnity and cyber risk. Aviva in the UK offers cheap business insurance solutions in the United Kingdom along with offering solutions for commercial property and liability for businesses, therefore, why many businesses prefer it. Lastly, QBE Insurance is famous for it is an international company and offers programs and solutions for special and specific industries. Not only do these providers perform well when it comes to their insurance offerings but also they provide useful tools to help businesses deal with risks in modern commerce.