Insurance quote

An insurance quote is an estimate of what you’ll pay for your business insurance coverage. You provide the insurance company with details about your company and your operations, then the company assesses your risk and tells you how much your coverage will cost.

It’s a good idea to get two or three insurance quotes before you buy. Insurance companies might charge you differently for the same coverage. Ask several insurers to provide a quote for your policy.

How do you get an insurance quote?

The old fashioned way to get an insurance quote is to call or meet in person with an insurance agent or broker. You provide details about your business such as its type, location, number of employees, size and more. The information is analyzed and then days or weeks later, you’d receive a cost estimate for your policy.

The faster and easier way to get an insurance quote is with an online insurance provider like NEXT. Just answer a few questions and you’ll receive your quote in less than 10 minutes. Plus, you can receive quotes for multiple types of small business insurance — such as general liability insurance, worker’s compensation insurance and commercial property insurance — after submitting your information only once.

How do you compare insurance quotes from different companies?

Make sure you’re comparing apples and oranges. For example:

• Are the covered risks identical?
• Are limits of liability the same?
• Are all of the exclusions comparable?

Requesting a quote does not tie you to the company who provides it. Once you get your quote, you can keep shopping for insurance, select another insurer or buy.

How NEXT can help you get a quote on business insurance

NEXT makes getting an insurance quote for small business insurance easy and fast. It takes less than 10 minutes to answer a few questions and you’re good to go.

Get a quote, buy online, manage your policy and access free proof of insurance 24/7 to help get you back to business.

Get a free instant quote from NEXT.