Next offers a same-day application process, plus low premiums and discounts, making liability coverage accessible to the most cash-strapped independent contractors. Professional liability insurance starts at $18.34 per month, and some low-risk independent contractors can get general liability for as low as $11 per month. And you can save up to 25% on your premiums with a variety of discounts from Next, including a 10% discount for bundling two policies.

Next offers general liability, professional liability, a business owner’s policy, and many other policy types, but it doesn’t offer as many endorsements as other companies. Next has an A- (Excellent) financial strength rating from AM Best and consistently has fewer complaints than expected for its size with the NAIC.

biBERK is part of the Berkshire Hathaway Group, and all its subsidiaries are rated A++ (Superior) for financial strength by AM Best so you can count on the company to have the resources to pay claims. biBERK also offers excellent pricing, with professional liability policies starting at around $300 per year. biBERK makes it easy to get a quote and apply for instant coverage with only a few simple questions. And customer reviews about the company on third-party sites are excellent. 

Chubb has an A++ (Superior) financial strength rating from AM Best, indicating the company is extremely stable, and should have no problem paying claims. The company also received fewer complaints than expected with the NAIC during 2022. Chubb is a great option for a business owner’s policy (BOP) due to the wide range of coverages it offers. 

You can get an on-demand general liability policy from Thimble starting at just $17 per month. This is great for certain types of coverage, like insurance for photographers with event-based coverage needs. Thimble also offers a freelancer’s package that includes both general and professional liability insurance, and you can add other coverages as well, including cyber insurance and business equipment insurance.

Thimble’s site is packed with educational resources you can use to make decisions about the type of coverage your business needs. The company has excellent customer service reviews on Trustpilot. Thimble works with two insurers to provide its policies, but both have an A (Excellent) financial strength rating from AM Best.

Hiscox offers both professional liability (E&O) and medical malpractice insurance for a variety of professionals. It offers aggregate limits that are relatively high compared to other companies, and you can add umbrella coverage for increased protection. Independent contractors who need general liability, cyber liability, or a business owner’s policy can get those coverages from the company as well. 

Hiscox holds an A (Excellent) financial strength rating from AM Best, highlighting excellent reliability when it comes to paying claims. However, the insurer doesn't have the greatest reviews on Trustpilot. The company has a complaint index of 1.96 in 2024, which is higher than the average. 

You can get a quote from Huckleberry in just five minutes and apply for coverage entirely online. Policyholders have great things to say about the process on Trustpilot.

Policies from Huckleberry are underwritten by several different insurers, a few of them are Markel, which has an A (Excellent) financial strength rating with AM Best, Chubb, which is rated A++ (Superior), and AmTrust Financial, which is rated A- (Excellent). Depending on your underwriter, however, our research shows you may not be able to pay your premiums in monthly payments.