Next Insurance is a digital insurance company focused on small businesses and self-employed professionals, offering commercial coverage that can be quoted and purchased entirely online. Founded in 2016 and based in Palo Alto, California, it provides policies tailored to a wide range of trades, contractors, and service-based businesses.
Founded
2016
Headquarters
Palo Alto, CA
AM Best (financial strength)
A-
Next Insurance carries an A.M. Best financial-strength rating of A-. A.M. Best ratings measure an insurer's ability to meet its ongoing policyholder obligations; ratings of A- and above are considered "excellent" or "superior." This reflects claims-paying ability, not price or customer service.
The NAIC Complaint Index is published primarily for property-and-casualty lines; for Next Insurance, check the NAIC Consumer Insurance Search and your state department of insurance for complaint data specific to the product and state you're considering.
You can request a quote or reach Next Insurance at nextinsurance.com. Rates depend heavily on your individual profile (location, age, history, coverage), so compare at least three quotes before deciding.
Michael Torres
Editorial Lead, Catastrophe & Commercial Property
This article was researched and written by the Cover Forge USA editorial team against federal sources (NAIC, CMS, FEMA, DOL, SSA, state DOIs) and standard policy forms. Bylines organize content by topic — they do not assert individual licensure. See our editorial-policy for details.
Reviewed 2026-06-14
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