Best Business Insurance Companies 2026: NEXT vs Hiscox vs Thimble
NEXT Insurance, Hiscox, Thimble, The Hartford and Progressive Commercial — business insurance compared.
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- NEXT Insurance — Overall small business.
- Hiscox — Professional services.
- Thimble — On-demand + short-term.
- The Hartford — Established business.
- Progressive Commercial — Vehicles + fleets.
Editor's shortlist
Three options worth your shortlist — full reasoning continues below.
Top-rated for professional services.
Check HiscoxAffiliate link — we may earn a commission at no extra cost to you.
Top-rated for on-demand + short-term.
Check ThimbleAffiliate link — we may earn a commission at no extra cost to you.
Our research process for this comparison
- Last reviewed
- Jun 2, 2026
- Approach
- Research-driven product comparisons: vendor docs, live pricing, public benchmarks, and trial-account checks where available.
- Sources we used
- Vendor websites and changelogs, official pricing pages, third-party uptime monitors and verified user reports.
- Limitations
- Not every product on this page received controlled lab testing. Pricing and features change frequently — confirm on the provider's website.
Read the full review methodology and our editorial policy.
Top picks compared (2026)
| Product | Rating | Best for | Visit |
|---|---|---|---|
| NEXT InsuranceBest Overall | 9.5 | Overall small business | |
| Hiscox | 9.4 | Professional services | Visit Hiscox |
| Thimble | 9.3 | On-demand + short-term | Visit Thimble |
| The Hartford | 9.2 | Established business | |
| Progressive Commercial | 9.1 | Vehicles + fleets |
Links marked Visit are affiliate links — we may earn a commission at no extra cost to you. Rankings are decided by our scoring rubric, not commission rate. How we make money.
Quick verdict
NEXT Insurance, Hiscox, Thimble, The Hartford and Progressive Commercial — business insurance compared.
Head-to-head comparison
| Product | Best For | Score |
|---|---|---|
| NEXT Insurance | Overall small business | 9.5 |
| Hiscox | Professional services | 9.4 |
| Thimble | On-demand + short-term | 9.3 |
| The Hartford | Established business | 9.2 |
| Progressive Commercial | Vehicles + fleets | 9.1 |
1. NEXT Insurance — Overall small business
NEXT Insurance stands out for overall small business. Score: 9.5/10. Based on our research into pricing, capability, real-world performance and user feedback, it remains a strong pick in this category for 2026.
2. Hiscox — Professional services
Hiscox stands out for professional services. Score: 9.4/10. Based on our research into pricing, capability, real-world performance and user feedback, it remains a strong pick in this category for 2026.
3. Thimble — On-demand + short-term
Thimble stands out for on-demand + short-term. Score: 9.3/10. Based on our research into pricing, capability, real-world performance and user feedback, it remains a strong pick in this category for 2026.
4. The Hartford — Established business
The Hartford stands out for established business. Score: 9.2/10. Based on our research into pricing, capability, real-world performance and user feedback, it remains a strong pick in this category for 2026.
5. Progressive Commercial — Vehicles + fleets
Progressive Commercial stands out for vehicles + fleets. Score: 9.1/10. Based on our research into pricing, capability, real-world performance and user feedback, it remains a strong pick in this category for 2026.
Final verdict
Our pick: NEXT Insurance is the strongest overall choice in this category for 2026. Pick based on your specific need from the comparison above.
Frequently asked
Cheapest business insurance?+
NEXT is usually cheapest for sole props and contractors.
Do I need workers' comp?+
Required in most states once you have any W-2 employees.
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What's changed
Every meaningful edit to this article is logged here. Spotted something out of date? Submit a correction.
- Jun 2, 2026Article first published.
How the ProductsVerdict score is calculated
Every review and comparison on this site is graded against the same five-factor rubric. Weights are fixed so two reviewers grading the same product land within ~0.5 of each other.
- 30%Features & capabilitiesDepth, breadth and reliability of what the tool actually does.
- 25%Pricing & valueCost vs. what you get, including hidden fees and renewal traps.
- 20%Ease of useOnboarding, UX, documentation and learning curve.
- 15%Support & reputationSupport quality, response times and verified user sentiment.
- 10%InnovationRoadmap, AI features and how it's evolving vs. competitors.
Total: 100%. Scores are recalculated whenever a product ships a major update or changes pricing.
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ProductsVerdict Research Team
Research, comparisons & verdictsProductsVerdict Research Team leads ProductsVerdict's research on guides, evaluating live pricing, public benchmarks, vendor documentation and trial accounts to publish recommendations readers can actually act on. No paid placements, no pre-publication review by brands.
ProductsVerdict is reader supported. When you purchase through some links, we may earn a commission. Our recommendations are based on our independent research process. Read our full disclosure and editorial guidelines.
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