Why You Should Trust Us
Investopedia launched in 1999 and has been helping readers find the best small business insurance since 2020. Our unbiased, in-depth reviews are based on thorough research into each insurance company to help you make informed decisions for your business.
How We Choose The Best Small Business Insurance Companies
To find the best commercial insurance for small businesses, we first researched industry data, market share, and customer search trends to pinpoint key features and top insurance providers. We evaluated 16 companies across 28 criteria. We conducted the research between Feb. 4 and 18, 2025.
Our research included financial strength ratings from AM Best, customer satisfaction ratings from J.D. Power’s 2024 Small Commercial Insurance Study, and complaint data from the National Association of Insurance Commissioners. We also looked at coverage types offered, coverage limits, and digital features.
We ranked each company according to the following categories and weights:
- Customer complaints: 25%
- Financial strength: 20%
- Plan types: 19%
- Coverage limits: 16%
- Digital features: 15%
- Discounts: 5%
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