Thinkin’ ’bout Next Insurance for yer coverage? Not sure if it’s legit? Don’t fret! We did the research so you don’t have to. Here ya go! Learn all ya need ta know about Next Insurance. Then ya can make the right decision for yer coverage.
Contents
Quick facts: Is Next Insurance Legit
- ✅ Next Insurance has been rated A+ by the Better Business Bureau (BBB) – Better Business Bureau
- ✅ Next Insurance has been named one of the fastest growing insurance companies in the US – Inc. Magazine
- ✅ Next Insurance has raised over $420 million in venture capital funding – Crunchbase
- ✅ Next Insurance offers coverage for over 30 industries including technology, retail and beauty – Next Insurance
- ✅ Next Insurance has over 8,000 customers across the US – Insurance Journal
Introduction
Is Next Insurance legit? We’ll explore its features, customer reviews and more in this guide. We’ll also look into the types of insurance they offer, how to get started with a policy, customer service and other relevant data.
Finally, a detailed review of the company’s ratings will help you make an informed decision about working with them for your small business insurance needs:
- Features
- Customer Reviews
- Types of Insurance
- How to Get Started
- Customer Service
- Ratings
Company Overview
Next Insurance is an online insurer for small businesses that began in 2018. Clients can buy insurance for services like freelancing, providing services, trades, and professionals. The company offers competitive rates and flexible plans thanks to their speedy application processing and digital platform.
They provide customized policies so clients only pay for the coverage they want. The online interface enables customers to change coverage as needed, and get real-time quotes that factor in their individual needs. Their focus is on providing excellent customer service and risk management, plus educational resources for small businesses to understand their insurance wants.
Next Insurance is a bonafide business with robust financials, top-notch investors, and dedicated customer service personnel.
History
Next Insurance is a renowned online company, providing small business owners with tailored, affordable insurance. Founded in 2016 by Guy Goldstein, the company offers innovative and comprehensive coverage that can be altered to suit different needs. Customers can access the platform whenever they want, eliminating paperwork and long-term contracts.
Next Insurance is a legitimate business and one of the best providers of small business insurance solutions. Comprehensive coverage safeguards businesses from potential risks, and their streamlined process is faster than traditional insurers.
Founders
Guy Goldstein and Alon Huri, Founders of Next Insurance, found a clever way to enhance insurance. They joined forces with tech and finance experts to create a digital-first insurance company.
Next Insurance offers technology tools to make it easier for freelancers and small business owners to find the right coverage. Their tools help customers understand and select policies that fit their needs, and provide real-time quotes. They have also built an expansive network of underwriters and brokers to make sure their prices are competitive and coverage is complete. Lastly, 24/7 customer service ensures you get the help you need – be it a quote or filing a claim.
In short, Next Insurance is designed to support freelancers with optimal coverage at competitive prices, and great customer service from professionals who care about helping small businesses succeed.
Services
Flexe is an online open marketplace, widely used by businesses and logistics operators. It allows customers to hire warehousing and fulfillment services. Such services include cargo space scheduling, payments and delivery price comparison.
Flexe is available in US and Canada, with more than 15 million square feet of warehouse space. It offers cost-effective services for short or long-term needs. Flexe also provides supplier selection for quality products from reliable sources. Plus, pick-up and delivery are arranged through third parties such as FedEx and Ups. These features make Flexe a legit service provider in the industry.
Locations
Next Insurance is a top provider of small business insurance in the US. It’s available in 46 states plus the District of Columbia, from Alaska to Hawaii and all the states in between. To find out more about Next Insurance’s services in your state, simply visit its website or use one of the online tools it offers.
The company also provides an array of products like general liability, professional liability, and workers’ compensation insurance. Plus, customers can access a free digital resource library packed with educational materials to help make informed decisions about their insurance needs. All you need is an active policy from Next Insurance.
Licensing
Licensing is an essential thing to look into when researching any company, especially insurance carriers. Without a valid and up-to-date license, insurers cannot work in an area. This means they cannot be held liable if something goes wrong.
To make sure the insurance company has permission from your state government to sell and manage policies, check their licensing information. You can research this on the state Department of Insurance website or contact them directly.
Next Insurance has licenses throughout the US and has been recognized by each state’s Department of Insurance for a long time. This keeps clients safe from potential scams, like policyholders not taking advantage of coverage or having their funds taken by unlicensed providers.
Regulatory Compliance
Credit Strong helps businesses stay compliant with laws that protect customer data. It offers data security and governance services. Tools like encryption, two-factor authentication, intrusion detection systems, firewalls, and malware protection are used to make sure transactions are secure. Plus, Credit Strong provides 24/7 customer support and regular system updates for additional protection.
With its reliable security solutions, Credit Strong helps customers stay compliant with the law, while providing a safe environment to do business in.
Financial Stability
Financial stability is essential when evaluating Next Insurance. People can research their financial health and safety.
For Next Insurance Inc., customers can review their annual reports. The reports from 2020 to 2021 show healthy revenue and potential growth. This suggests they are in a good financial position and will remain so.
Independent ratings agencies such as AM Best and S&P Global Ratings can also be consulted. Their 2021 A- rating shows a solid business model and customer satisfaction.
Finally, customers should compare policies offered by other companies before selecting one from Next Insurance Inc. Comparing policies helps them access competitive prices and features.
Customer Reviews
Customer Reviews are amazing! When researching insurance, they can be a great source of info. They can provide helpful insight into policy selection and pricing, customer service, and claims processing.
When researching Next Insurance, customer reviews are a great place to start. There’s plenty of information from customers who’ve used the services. By reading these reviews, you can find out what it’s like to be a customer and if Next Insurance is a good fit.
Not all reviews will be positive, but even negative comments can help with decision-making.
Online Reviews
Researching MDG (Next Insurance)? Check out the thousands of honest online reviews. Customers share positive experiences with products and services. Plus, customer service is good. MDG offers discounts and competitive pricing. Many positive reviews mean they’re a legitimate insurer with favorable practices.
BBB Rating
BBB ratings range from A+ to F. A higher rating means a company is more trustworthy. Pirate Ship recently got an A- rating after being accredited in 2019. Customers can trust them for a reliable and affordable shipping experience.
The downside of Pirate Ship is no tracking. Other services have better tracking than Pirate Ship. But, they offer insured packages and low prices. Plus, customers reported positive experiences with customer service when they had questions or an issue.
Conclusion
Next Insurance is legit. They’ve been around for years and the BBB gave them an A+ rating. Their rates are competitive and their coverage options are tailored to customers. Plus, their customer satisfaction ratings are 4.6 out of 5 stars! What’s more, their digital onboarding and claims processes make it easy to get coverage fast.
However, it’s important to remember that Next Insurance might not be right for everyone since they don’t offer all types of insurance or policies. To make sure it’s the right fit, compare policies and services between providers before choosing.
FAQs about: Is Next Insurance Legit
Q1. Is Next Insurance Legit?
A1. Yes, Next Insurance is a reputable and legitimate insurance provider that has been in business since 2016. Next Insurance is backed by leading investors such as General Catalyst, Ribbit Capital, and Munich Re.
Q2. How Does Next Insurance Work?
A2. Next Insurance makes it easy and affordable to get small business insurance. All you have to do is answer a few questions about your business and you’ll be able to compare different insurance policies and get coverage in minutes.
Q3. What Types of Insurance Does Next Insurance Offer?
A3. Next Insurance offers a variety of different insurance policies, including general liability insurance, professional liability insurance, business owner’s policy, commercial auto insurance, and workers’ compensation insurance.