Insurance comparison
NEXT Insurance vs Hiscox
How NEXT Insurance and Hiscox compare for wellness franchise operators — side-by-side specs and our verdict on which fits which concept.
Side-by-side
| NEXT Insurance | Hiscox | |
|---|---|---|
| Coverage type | General liability | General liability |
| Pricing from | Quote online | ~$22–$30/mo |
| States licensed | US | US (varies by product) |
| Best for | A single location needing a fast certificate of insurance for a lease signing | Franchisees who want to bind general or professional liability online without a broker |
| Differentiator | Entirely digital quoting and binding with same-day certificates of insurance | Fastest online quote-and-bind flow among general-purpose small business insurers |
Our verdict
NEXT Insurance is the digital-first option: fast online quotes, instant certificates, and affordable general-liability and BOP coverage well-suited to a single studio or a new operator. Hiscox is an established specialist in small-business coverage with strong professional-liability options and a longer track record. For speed, price, and self-serve simplicity, NEXT is hard to beat; for more nuanced liability needs or a preference for an established carrier, Hiscox is the steadier pick. Confirm coverage matches your franchise agreement's requirements.
Full profile
NEXT Insurance
Online small-business insurance built for fast, self-serve quoting.
Full profile
Hiscox
Small business insurance including professional and general liability.
See more options in our roundup of the best insurance for wellness franchises.