PALO ALTO, Calif., Sept. 30, 2020/ PRNewswire/– Next Insurance, the leading digital insurtech company changing small business insurance coverage, today revealed the accessibility of its Employees’ Compensation using to 24 additional states across the country, including Alabama, Iowa, Louisiana and Virginia (see the complete list below). This expansion increases the company’s overall Workers’ Settlement protection in the United States to more than 50% now equipping small business owners in 30 states with inexpensive, hassle-free policies that safeguard them and their staff members from monetary harm while satisfying state requirements.
Workers’ Compensation is important not only for high-risk jobs like those in construction where physical injuries can be more frequent, but likewise for reasonably more secure occupations where slip-and-fall mishaps and strains can occur. Providing protection that starts at just $14 per month, Next Insurance is helping to resolve a frequently stressful and costly insurance requirement by providing entrepreneur a seamless way to acquire an instant quote and explore their protection options – all online. With Next Insurance coverage, small business owners can acquire General Liability, Professional Liability, Industrial Vehicle and Employees’ Payment coverage all under one roofing system.
“By expanding Workers’ Compensation to more than half of the nation, Next Insurance coverage is taking another essential action in our journey to end up being the one-stop-shop for all small businesses,” said Sofya Pogreb, COO of Next Insurance Coverage. “This growth assists us supply simpler and more budget-friendly services for Employees’ Payment, which is far too often one of the largest operational expenditures for small business owners. Now, small companies can quickly safeguard employees while abiding by their state standards. We remain devoted to bringing more advantages to consumers, and are dealing with launching pay-as-you-go, which changes instantly with your payroll to ensure you never over or under pay.”
Lawfully required in the majority of states as quickly as a company employs its first employee, Workers’ Settlement protects both the worker and the business in case of an accident, disease or death happening while working or engaging in job-related activities. Next Insurance’s Workers’ Settlement policies cover medical costs, loss of income, re-training, long-term injury, and survivor benefits, making sure staff members get appropriate care without placing possibly devastating financial concerns on employers. Even sole owners can take advantage of Employees’ Compensation if medical expenses related to office mishaps are not covered by medical insurance.
Today’s Employees’ Compensation state expansion statement consists of: Alaska, Arizona, Arkansas, Connecticut, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Mexico, Rhode Island, South Carolina, Tennessee, Utah, Vermont, Virginia, and West Virginia. These states sign up with previous coverage accessibility in: Colorado, Florida, Georgia, Illinois, Nevada and Texas. As the company constructs on its mission to become the one-stop-shop insurance company, Next Insurance coverage will progressively expand Workers’ Compensation in extra states into 2021.
With Next Insurance coverage, insureds have access to U.S.A.– based certified insurance coverage consultants, tools and services like 24/7 access to certificates of insurance coverage from a mobile device or computer and internal claims filings where a choice is usually made within two days. Discover more about Next Insurance’s Employees’ Payment protection and get an instant quote online today.
About Next Insurance coverage
Next Insurance coverage is transforming small business insurance coverage with simple, digital and cost effective protection tailored to the self-employed. Next Insurance provides policies that are easy to purchase in 10 minutes or less and offers 24/7 access to services such as Live Certificates of Insurance Coverage, Additional Insured, and more, without any extra charges. Revolutionizing a traditionally complex insurance coverage market, Next Insurance makes use of AI and machine learning to streamline the acquiring procedure and drive down costs by as much as 30% compared to conventional policies. Established in 2016, the business is headquartered in Palo Alto, has gotten a total of $631 million in equity capital funding and has been recognized by Forbes Fintech 50, JMP Securities InsurTech 50 and Forbes Finest StartUp Employers. To learn more visit NextInsurance.com. Stay up to date on the most recent with Next Insurance on Twitter, LinkedIn, Facebookand our blog.
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