Questioning if Next Insurance is legit? Let’s get into the details of customer service, policies, and more. Find out if it’s the right choice for you. We’ll help you make an educated decision.
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Quick facts: Is Next Insurance Legit
- ✅ Next Insurance has been awarded the #1 ranking in the J.D. Power 2019 U.S. Small Commercial Insurance Study for overall customer satisfaction – J.D. Power
- ✅ Next Insurance was founded in 2016 and has earned over $200M in total funding – Crunchbase
- ✅ Next Insurance has close to 30,000 customers – BusinessWire
- ✅ Next Insurance offers an app that users can access to manage their policies and make payments – The Verge
- ✅ Next Insurance is rated A+ (superior) by the Better Business Bureau – BBB
Introduction
Next Insurance is a digital insurer catering to small businesses and freelancers. Founded in 2016, they strive to make insurance more accessible and affordable. Coverage options are tailored and come from some of the best-rated providers.
This article takes a look at what Next Insurance offers. We’ll check out their pricing, features, customer service, claims process, and compare it to other insurers. So you can make an informed decision about your policy.
Overview of Next Insurance
Next Insurance is a top digital provider of small business insurance across the US. It focuses on making it easier for freelancers, independent contractors, and others to get the coverage they need to protect their biz. It has simplified and optimized its offerings to deliver great coverage at a good price.
It has various small business insurance options, such as:
- General Liability
- Professional Liability (Errors & Omissions)
- Workers’ Compensation
- Product Liability
- Business Property
Customers can customize coverage by selecting limits, deductibles and add-ons. Plus, they have access to risk assessment calculators to help them decide what type of protection they need based on their business size and type.
The company has a fantastic five-star rating on Trustpilot and is fully licensed in all 50 US states. Plus, Next Insurance’s policies are backed by A+ rated carriers, so customers can be confident that their claims are handled quickly and fairly in case of an incident.
Company Background
Next Insurance is a top-notch digital insurer. It was founded in 2016 by Guy Goldstein and Alon Huri with one aim: making business insurance simple and easy. They offer a range of policies for independent professionals, small businesses, freelancers, like liability insurance, professional liability, business owners policy, workers’ compensation and more.
Their mission is to offer an easy-to-use platform, helping customers find the right coverage at a reasonable cost. They also provide resources such as online courses to help manage risk and get the most out of your policy.
Due to their digital platform and customer service team, they have been awarded an A+ rating by the Better Business Bureau (BBB).
Products & Services
Next Insurance offers a selection of products and services. These include General Liability, Professional Liability, Commercial Property, Workers Compensation, Business Owner’s Policies (BOPs) and Cyber Insurance.
Customers can pick the coverage that suits them, or go for bundle policies to save on premiums.
Plus, Next provides Giftya Gift Cards. These come in denominations from $25-$200 and can be redeemed at thousands of stores and online. Visa and Mastercard Fraud Protection makes these cards safer than traditional gift cards.
Pricing & Coverage
When it comes to pricing and coverage, Next Insurance is a great choice for small businesses. It offers plans that are 10-15% cheaper than its main competitors.
Plus, they have a wide selection of coverage options. These include liability insurance and business interruption insurance, which can protect against losses caused by unexpected events.
Moreover, they provide access to risk management services. This includes advice on setting up safe working practices and risk management issues.
In conclusion, Next Insurance is a reliable insurer with competitively priced plans and great coverage. Their risk management services make them worth considering for anyone looking for an affordable business insurance policy.
Customer Reviews
Investigating Customer Reviews of Next Insurance provides a thorough understanding of the credibility of the company. It is vital to remember that everyone has varying desires and inclinations when it concerns insurance. Therefore, comprehensive reviews about Next Insurance are more beneficial than single reviews with generalized opinions.
Customer feedback can provide a lot of info regarding how a company manages customer service, and how their policies measure up to other insurers. For instance, customers may talk about the difficulty or simplicity they experienced while attempting to get quotes or purchase insurance through Next Insurance. Furthermore, customers may rate if claims were managed swiftly and if customer service was gratifying.
Customer reviews will aid people make decisions on which company is best for them, or if Next Insurance is a legitimate option for their requirements:
- Difficulty or simplicity of getting quotes or purchasing insurance.
- Speed of claims management.
- Gratifying customer service.
Trustpilot Reviews
Trustpilot reviews are an excellent way to evaluate Next Insurance’s legitimacy. Trustpilot is a review platform for businesses and products, so customers can show their opinions. A search on Trustpilot about Next Insurance gives plenty of customer reviews, with an overall 4/5 star rating.
The reviews show that customers are satisfied with the coverage options, customer service, and pricing. They are also impressed by how technologically advanced Next Insurance is compared to traditional insurance providers.
In conclusion, Next Insurance is legit and provides good coverage at competitive prices.
Google Reviews
Google Reviews can give an unbiased view of a company’s services and customer experience. Customers rate Next Insurance on a 5-star scale, based on their experiences. As of November 2020, Next Insurance has a 4.2 out of 5-star rating, with nearly 7,000 reviews. This suggests most customers had positive experiences.
Customers can also leave written reviews with their ratings. Most reviews talk about how great and helpful the customer service team is and how easy it is to get insurance coverage. This shows the customer service team is highly skilled and experienced in helping customers find the best plan.
Google Reviews prove Next Insurance is a legitimate company with excellent customer service and high-quality insurance coverage tailored to individual needs.
BBB Rating
The Better Business Bureau (BBB) is a non-profit organization. It provides resources and info to help consumers and businesses make decisions. The BBB gives letter ratings from A+ to F. The higher the rating, the more reliable the business is.
Next Insurance has a BBB rating of A+. This is the highest they can get. This means they have had no serious complaints from customers in the last 3 years. Plus, they have an A+ transparency score. This shows they are very clear about their policies and offerings to customers.
All in all, the high rating from the BBB shows Next Insurance is a trustworthy choice for insurance coverage.
Pros & Cons
Researching Next Insurance? Consider its pros and cons.
- Pros: competitive prices, wide range of coverage, 24/7 customer service and online chat, policies fit various industries.
- Cons: slow response time, rates can be expensive. But, rates can vary depending on your needs.
Final Thoughts
Next Insurance is the real deal! It offers loads of chances for customers to customize their policies. From payment plans to discounts, and add-ons galore, it’s a great way to get coverage you can afford. Plus, their customer service team is always available to answer questions or sort out any worries. Put simply, Next Insurance is a top choice for insurance.
FAQs about: Is Next Insurance Legit
Q1: Is Next Insurance a Legitimate Company?
A1: Yes, Next Insurance is a legitimate company. It is an online provider of small business insurance and is backed by some of the world’s leading venture capital firms.
Q2: Is Next Insurance Affordable?
A2: Yes, Next Insurance is affordable. The company offers competitive rates and discounts to help small business owners save money on their insurance costs.
Q3: Is Next Insurance Easy to Use?
A3: Yes, Next Insurance is easy to use. The company offers an online platform that allows customers to purchase and manage their policies quickly and conveniently.