Actuary insurance designed to protect your business
NEXT Insurance is a one-stop shop to help you get the actuary insurance you need to protect your business from accidents, injuries, legal fees and damaged vehicles. Our insurance packages typically include:
- General liability
- Commercial auto
- Workers’ compensation
- Commercial property
We’ll help you get the actuary business insurance coverage you need
It’s all about managing your risk. See the different policies available for actuaries and save up to 10% when you bundle two or more of our policies.
General Liability
Bought by 95% of business owners like you
General liability insurance is included in most business insurance packages, including actuary business, because it covers the risks that many business owners face every day. It's not typically required by law, but some clients and agencies could ask you to have a certificate of insurance before they work with you.
general liability can help you pay for:
Medical payments
Property damage
Legal fees and judgments
Commercial Auto
For business owners that use vehicles
Commercial auto insurance helps actuaries cover injuries and damages resulting from work-related car accidents. Most states require commercial auto insurance for business-owned vehicles in order to help pay for medical expenses and property damage.
commercial auto can help you pay for:
Medical expenses
Collision repairs
Rental reimbursement
Workers' Compensation
For business owners who hire employees
Workers’ compensation insurance protects employees and actuary business owners from financial losses after a workplace injury or illness. It can help with reimbursing medical bills, rehabilitation costs, lost wages and other expenses.
workers compensation can help you pay for:
Medical expenses
Lost Wages
Employer liability
Commercial Property
For business owners who own or rent physical spaces
Commercial property insurance is one of the most common types of small business insurance actuaries buy because of the different types of coverage it offers. It helps with replacement or repair costs if property is stolen or damaged due to a covered event, such as a burst water pipe, fire or vandalism.
commercial property can help you pay for:
Damaged equipment and inventory
Lost income
Operating expenses
You can save up to 25% in discounts on actuary insurance
You can pay for your insurance monthly or annually and you can cancel instantly at any time.
Basic
Lowest Price
Commercial Auto
Combined single limit
$85,000
General Liability
Per occurrence
$500,000
Workers’ Comp
Per accident
$100,000
Commercial Property
Per occurrence
$25,000
PRO
Most Popular
Commercial Auto
Combined single limit
$100,000
General Liability
Per occurrence
$1 million
Workers’ Comp
Per accident
$500,000
Commercial Property
Per occurrence
$25,000
PRO PLUS
Best Coverage
Commercial Auto
Combined single limit
$1 million
General Liability
Per occurrence
$1 million
Workers’ Comp
Per accident
$1 million
Commercial Property
Per occurrence
$25,000
How much does actuary insurance cost?
Actuary insurance costs vary based on the risks that your business faces, such as:
- The types of projects you work on
- Where your projects are located
- Your payroll and the kinds of jobs your employees do
- The number and types of vehicles you use at work
You can save up to 25% in discounts, depending on the kind of work you do. More risky professions can expect to pay more.
Learn more about actuary insurance costs and coverage.
Actuary insurance requirements
Small business owners are almost always required to have insurance due to the risk of injury and property damage. You might need insurance to:
- Get an actuary license in your state. It’s a good idea to check if you need a license in your state in order to get insurance.
- Start work on a project. Clients might ask you to have active insurance — usually general liability or workers’ comp.
- Hire employees. Most states require workers’ compensation insurance if you have employees.
- Drive for business purposes. Business-owned vehicles typically need commercial auto insurance.
- Repair or replace commercial property you own or rent. Protect your inventory, equipment and even the building that you lease or own.
Frequently asked questions about actuary business insurance
Here are some of the most common questions we get about actuary business insurance. If you don’t find the answers you need here, our licensed, U.S.-based insurance advisors are standing by to help via online chat or phone.
Does NEXT Insurance offer general liability coverage for actuaries?
Yes, NEXT Insurance offers general liability, commercial auto, workers' compensation, and commercial property insurance for actuaries.
Does NEXT Insurance offer workers' compensation coverage for actuaries?
Yes, NEXT Insurance offers workers' compensation insurance, commercial property, general liability, and commercial auto coverage for actuaries.
How can I get a certificate of insurance?
You’ll have instant access to your certificate of insurance 24/7 from your computer or mobile device when you purchase coverage with NEXT. There’s no waiting for anyone, no need to print anything and definitely no fax machines.
If you’re a new or current NEXT Insurance customer, all you need to do is log in to your account and your Live Certificate delivers you the proof of insurance you need instantly, for free.
You can easily share your COI with anyone via email, text message or a social media post.
We provide unlimited certificates and you can also add an additional insured for free. If you decide to change your coverage, your certificate will be automatically updated.
Find out more details about your certificate of insurance.
How do I change the information on my policy?
Log in to your customer account to make changes such as cancelling your coverage, editing payment information and updating your business address.
If you are unable to make changes in your customer account, please email us at support@nextinsurance.com and include a description of the changes you’d like to make.
In some cases, we may revise your policy documents to reflect the changes. If this is the case, we will email you the appropriate documents along with confirmation of the changes made to your file within seven to 10 business days.
NEED A FAST CERTIFICATE OF INSURANCE?
Download the NEXT mobile app and get your COI in seconds.
More professions that are covered by NEXT
* To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.