Business insurance costs can vary widely. For example, shoppers who buy general liability insurance from NEXT pay an average of $11 per month, while those purchasing from The Hartford pay an average of $67 per month. Why such a big difference? Multiple factors affect the cost of business insurance, such as the specific policies you …
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11 Best Small Business Insurance Companies for 2026
Businesses, particularly those engaged in service provision, face the risk of being sued due to insurance claims, damages, or accidents that occur while services are being delivered. General liability insurance is designed to address these risks by covering such claims, thereby preventing the need for business owners to use personal funds. The cost of acquiring …
Business insurance safeguards companies against losses from various risks, including property damage, legal liability, and employee injuries. Several types of business insurance policies are available, such as commercial property insurance, General Liability (GL) insurance, professional liability insurance, commercial auto insurance, and workers’ compensation insurance. >> Explore NEXT for Comprehensive Coverage >> What Is Commercial Insurance? …
Securing the proper business insurance from the beginning is crucial if you’re launching a startup. Inadequate coverage can expose your young business to risks and lawsuits that could financially cripple your growing venture. This article will guide you through everything you need about startup business insurance and highlight the best insurance companies. >> Try NEXT’s …
General liability insurance for contractors and construction businesses protects your business from claims of bodily injury or property damage caused by your operations. Without this insurance, business owners must cover specific liability claims out of pocket. Contractors face unique risks. Whether you’re meeting clients in a store or working on a client’s home, general liability …
Whether you run a physical store or operate as an online-based contractor, securing the right business insurance is crucial for safeguarding your operations against unforeseen events. With many insurance types and providers available, figuring out how to get the appropriate business insurance might seem daunting. In this guide, I’ll simplify the process into six straightforward …
The question of what insurance a small business needs isn’t straightforward, as the necessary coverage depends on your business activities and location. In fact, state laws often mandate certain types of insurance for small businesses, and it’s crucial to ensure you have the right policies in place. Without proper small business insurance, you might have …
A robust small business insurance policy handles unexpected events and provides extra cushioning if your base policy’s liability insurance is inadequate. Commercial umbrella insurance offers this additional cushion. For example, suppose your employee is involved in a car accident while making deliveries, and the medical costs exceed your commercial auto insurance liability limits. In that …
