Best Small Business Insurance Providers in 2025

Find the perfect coverage for your business needs from companies committed to comprehensive insurance protection.

Julian, Author
Last updated: March, 2025

Our providers

Direct Savings
Top-rated
9.7
We score our brand partner based on: Successful matches, brand engagement and coverage.
  • Save up to 20% with direct rate
  • Over 500,000 small business owners served
  • Simple 3-step process with instant coverage
  • Comprehensive coverage available in most states
Get a Free Quote Visit BiBerk
No-Middleman Insurer

BiBerk delivers small business insurance with direct pricing that can save customers up to 20% compared to other providers. Their approach focuses on simplicity – offering coverage through a streamlined online process without middlemen or insurance brokers.

With over 500,000 satisfied customers, biBerk serves businesses across numerous industries with workers’ compensation, professional liability, general liability, and business owners policies. Their A++ rating from A.M. Best Company reflects their financial strength, backed by Berkshire Hathaway’s 75+ years of insurance experience and $52.2 billion paid in claims in 2023.

biBerk specializes in making insurance accessible through a simple three-step process: answer a few questions, choose coverage, and get instant protection. For small business owners who value both savings and security from a trusted financial institution, biBerk provides straightforward coverage without administrative hassle.

Instant Coverage
Exceptional
9.4
We score our brand partner based on: Successful matches, brand engagement and coverage.
Get a Free Quote Visit Next
100% Dedicated to Small Businesses

Since 2016, NEXT Insurance has been reshaping how small businesses approach insurance. With a platform serving over 400,000 businesses across more than 1,000 industries, they’ve focused on blending technology with accessibility.

Their digital approach eliminates traditional paperwork—offering instant quotes, certificates, and policy management through their customer portal and mobile apps. Small business owners and self-employed professionals can access general liability, workers’ compensation, professional liability, and commercial property coverage in one streamlined experience.

NEXT works particularly well for smaller operations without complex insurance requirements. Their platform is designed to create policies specific to your business needs, while their digital tools make it simple to manage coverage wherever you are. For business owners who prefer handling insurance matters digitally rather than through traditional agencies, NEXT provides a straightforward alternative to conventional insurance experiences.

Trusted Expert
Excellent
9.1
We score our brand partner based on: Successful matches, brand engagement and coverage.
  • Trusted by 1.3MM+ Small Businesses
  • Rated #1 digital small business insurer by Keynova
  • Specialized industry expertise and risk management
  • Efficient claims experience with fast processing
Get a Free Quote Visit The Hartford

With over 200 years of experience and serving more than 1.3 million small businesses, The Hartford combines trusted expertise with modern convenience. Their comprehensive coverage options are tailored to specific industry needs across hundreds of professions, backed by award-winning claims service that consistently earns 4.7/5 star ratings from their customers.

The Hartford stands out for their personalized approach and ethical business practices, having been recognized as a World’s Most Ethical Company 14 times. Their efficient claims processing, 24/7 online access to certificates, and customizable policies make them an ideal choice for established businesses seeking reliable protection from an insurer that understands their unique challenges and provides specialized expertise alongside exceptional customer service.

Additional insurance options

Traditional Insurance
8.4
We score our brand partner based on: Successful matches, brand engagement and coverage.
  • No online business insurance purchase available
  • Limited online functionality for business insurance
  • Agent-based model means longer application process
  • Local expertise with personalized service
Traditional Insurance
8.1
We score our brand partner based on: Successful matches, brand engagement and coverage.
  • Wide variety of coverage types
  • Cannot purchase policies online
  • Limited self-service capabilities

How we help you choose

Our recommendations are based on each insurance provider’s coverage options, financial strength, customer service, claims process, and industry expertise. We consider factors that matter most to small business owners and provide transparent comparisons to help you make an informed decision.

View Top Provider Comparison ↓

Need coverage soon? Get instant quotes online from top-ranked providers

9.7
biBerk offers direct small business insurance backed by Berkshire Hathaway with competitive rates.
Get a Free Quote Visit BiBerk
9.4
NEXT provides customized small business insurance with instant coverage and 24/7 access to certificates.
Get a Free Quote Visit Next
9.1
The Hartford offers trusted business insurance with over 200 years of experience and tailored solutions.
Get a Free Quote Visit The Hartford

Small business insurance: What you need to know

Understanding small business insurance basics
Small business insurance protects your company from financial losses resulting from accidents, lawsuits, natural disasters, and other risks. Most businesses need several types of coverage, including general liability, professional liability, commercial property, and workers’ compensation insurance. The specific policies you need depend on your industry, business size, location, and assets. Insurance costs vary based on these factors, with most small businesses spending between $500-$3,000 annually for basic coverage.
How to determine the right coverage for your business
Start by assessing your specific risks: consider your industry standards, business assets, number of employees, and regulatory requirements. Essential coverage for most small businesses includes general liability, professional liability (E&O), commercial property, and business interruption insurance. Industry-specific businesses may need specialized coverage, such as cyber liability for tech companies or product liability for manufacturers. Review your policies annually, especially after significant business changes like expansion, equipment purchases, or offering new services.
The difference between general and professional liability coverage

General liability insurance covers physical injuries, property damage, and advertising injuries that occur during normal business operations. It typically covers medical expenses, legal defense costs, and settlements if your business is found liable.

Professional liability insurance (also called errors and omissions) protects against claims of mistakes, negligence, or failure to deliver promised services. This coverage is essential for service-based businesses like consultants, accountants, and healthcare providers. While general liability covers physical damages, professional liability covers financial losses due to your professional advice or services.

Business owner's policy (BOP): What it includes and who needs it
A Business Owner’s Policy (BOP) bundles general liability and commercial property insurance at a lower cost than purchasing these policies separately. It typically includes:
  • General liability protection against third-party claims
  • Commercial property coverage for buildings, equipment, and inventory
  • Business interruption insurance to cover lost income during temporary closures

BOPs are ideal for small to medium-sized businesses with physical locations, especially retail stores, offices, small contractors, and food service businesses. However, certain high-risk businesses may not qualify, and you’ll likely need additional policies like workers’ compensation, professional liability, or cyber insurance alongside your BOP.

How to save money on small business insurance premiums
Reduce your small business insurance costs with these strategies:
  • Bundle policies: Purchase multiple policies from one provider for package discounts of 10-15%
  • Increase deductibles: Opt for higher deductibles to lower premium payments
  • Implement safety programs: Reduce risks with employee training and safety protocols
  • Pay annually: Many insurers offer discounts for paying the full annual premium upfront
  • Shop around: Compare quotes from multiple providers, including both traditional insurers and online-focused companies
  • Review coverage annually: Adjust policies as your business evolves to avoid paying for unnecessary coverage

Remember that while saving money is important, ensure you’re not compromising on essential coverage your business needs.