What Business Owners Must Know About Insurance in 2025
Discover the essential insurance insights every business owner needs in 2025. Learn about new risks, updated policies, and how to protect your company in a changing landscape.
Running a business today requires more than just a great product or service—you need protection from risks that could derail your operations in a moment. In 2025, business insurance is no longer optional; it’s a core part of any serious business strategy. Whether you’re a one-person startup or managing a growing team, understanding the latest trends and top providers in business insurance will help you make informed decisions and shield your company from potential losses.
Why Business Insurance Matters Now More Than Ever
The business landscape in 2025 is marked by evolving technologies, cyber risks, labor changes, and supply chain unpredictability. Insurance is no longer just a safety net—it’s a proactive tool for resilience. A single accident, lawsuit, or data breach can cost thousands, even millions. The right policy ensures your business survives such disruptions.
The key coverages most small businesses need include:
- General liability insurance for third-party injuries and property damage
- Professional liability insurance for service-based or advisory businesses
- Workers' compensation for employee-related injuries
- Commercial auto insurance for business vehicles
- Business owner’s policies (BOPs) that bundle liability and property insurance
- Cyber liability insurance for data protection and breach response
Here's a closer look at top business insurance providers making waves in 2025.
Next Insurance
NEXT focuses exclusively on small business owners, offering customized coverage with zero hassle. The digital-first model allows users to quickly get quotes, select their policy, and receive certificates of insurance. Coverage options include general liability, workers’ comp, commercial auto, tools and equipment coverage, and business owner’s policies.
Why choose NEXT?
- Built for small business owners
- Flexible plans that grow with your business
- Fast online coverage and policy management
- Transparent and easy-to-understand offerings
Best For: Entrepreneurs and small teams who want an all-digital experience with tailored options and speedy coverage setup.
Three by Berkshire Hathaway
THREE simplifies commercial insurance by combining essential coverage into one comprehensive policy—liability, property, auto, and workers’ comp—eliminating the need to juggle multiple plans. Backed by Berkshire Hathaway’s financial strength, this brand appeals to owners who want clarity and reliability.
Why choose THREE?
- One clear policy covering all major risks
- Simplified language with no confusing exclusions
- Industry-specific protection included
- Backed by decades of expertise and claims support
Best For: Business owners tired of fragmented coverage and fine print, seeking one streamlined and dependable policy.
Hiscox
Known as one of the most respected small business insurers in the U.S., Hiscox offers coverage that adapts to your specific profession and risk level. From professional liability to general liability and business property, Hiscox provides protection even for low-risk professionals.
Why choose Hiscox?
- Trusted by professionals in healthcare, consulting, and more
- Affordable monthly rates (many under $30/month for GL)
- Tailored plans for freelancers and consultants
- Strong defense coverage even in unfounded claims
Best For: Solo professionals and freelancers in need of professional and general liability insurance with minimal overhead.
Thimble
Thimble makes getting insured quick and painless—especially for freelancers and short-term contracts. Coverage can be purchased by the job, month, or annually. General liability policies are the focus, with instant certificates and flexibility in adding insured parties or waivers.
Why choose Thimble?
- On-demand coverage for short-term gigs
- Ideal for contractors and mobile professionals
- Fast, app-based insurance management
- Affordable pricing and monthly flexibility
Best For: Freelancers, contractors, and gig workers who need flexible, short-term insurance options on demand.
Tivly
Tivly operates more like a business insurance broker, matching users with top-rated commercial insurance providers based on their unique needs. The platform offers coverage types including workers’ comp, commercial auto, liability, malpractice, and more.
Why choose Tivly?
- Access to a wide network of insurance partners
- Personalized matching for niche needs
- Quick quotes via online forms or phone
- Educational resources to guide buying decisions
Best For: Business owners looking for the best deal across providers or with unique industry requirements.
What to Consider When Choosing Business Insurance in 2025
With so many options, how do you pick the right policy? Focus on these key factors:
- Coverage Type: Make sure it matches your operational risks. Service businesses need professional liability; physical storefronts may need BOPs and property coverage.
- Scalability: Choose a provider that grows with your team and business.
- Ease of Use: Look for providers that offer online tools, easy claims processing, and responsive customer service.
- Industry-Specific Support: Some providers, like Hiscox or THREE, cater to niche industries and offer targeted benefits.
- Cost: While affordability matters, the cheapest option isn’t always the best. Balance price with coverage quality.
In 2025, business insurance is more than just paperwork—it’s peace of mind. Whether you’re securing coverage for a pop-up shop, a tech consultancy, or a growing retail chain, the right insurance partner can be the difference between resilience and ruin when the unexpected strikes. As you scale your business, let insurance be the foundation that supports your growth.