Best Insurance Brokers for Small Business (2025)

After answering just a few questions, we received a quote for a general liability policy underwritten by Harborway Insurance. The policy cost $300 annually and had limits of $1 million per occurrence and $2 million aggregate. This affordable policy matches up with Simply Business’ claim that you can save up to 20% on a policy by going through it.

Every quote comes with a “details” option, which includes information on the provider and more detailed information on what is covered, such as $100,000 for premises rented to your business. You can purchase the policy online or call to speak with a licensed insurance agent. Simply Business does not charge brokerage fees, helping lower the premium costs.

The broker is continually expanding its online offerings, with more coverage available for online quotes. Currently, it offers general liability, professional liability, workers’ comp, commercial property, tools and equipment, and a business owner’s policy. However, you may have to call to get some of the coverage listed here. If you’d prefer a broker that consistently has commercial property insurance available online, then check out Thimble.

Simply Business is available in all 50 states. If you prefer to speak with someone, you can get advice by calling a representative from 8 a.m. to 8 p.m. ET Monday through Friday. Quotes are available online 24/7 in ten minutes or less.

However, this broker’s policy management system is more limited than others. To make changes to your policy, such as adding an additional insured or updating payment details, you may need to call or email Simply Business. However, you can request a COI through your portal, available within 24 business hours.

Customers are happy with their options and the broker’s service. Simply Business has 4.6 out of 5 stars on Trustpilot with over 1,300 reviews.

To get a quote, you must create an account with AlphaRoot. Alternatively, you can link your Google or Microsoft account with it to start the quote. Once done, AlphaRoot will gather information about your business and coverage needs and provide a quote for you to review and purchase.

AlphaRoot offers nearly every type of insurance a cannabis business would need. This includes key coverages like the following:

• Cyber liability
• General liability
• Product liability
• Workers’ comp

It also has some more specialty coverages and endorsements like Tech E&O insurance or contract frustration coverage (first time I’ve seen or heard of that one). It has added coverages in the professional liability space targeting management, directors, officers.

Since the company is only eight years old, reviews for AlphaRoot are hard to find. But the ones available are all positive. There are over 40 reviews on Google, where AlphaRoot’s overall rating is 5 out of 5 stars.

The broker recently launched a digital platform that functions as a hub for policyholders to find everything they need—including insurance applications, COI requests, and claims management. There is a resource center with information on how to start a business in 41 states listed. This platform can also track your company’s growth, which gives you the ability to ensure the coverage you have in place is still in line with your needs.

You can get quotes very quickly online from Obie, and you do not need any paperwork to finalize the quote or purchase the policy. When it is finished, the company will present you with three options for coverage: basic, complete, and premium. While this isn’t the same as comparing quotes from different providers, it does give you some control over the level of coverage and the cost of the premium.

Obie offers traditional property policies along with some extra endorsements like guaranteed rental income and inflation guard to help the value of your property keep pace with inflation.

Obie is a newer option, having begun in 2017. However, its customer base is already rather substantial, with over $25 billion in property currently insured. On Google, it has over 900 reviews with an average rating of 4.9 out of 5.

When you purchase a policy, you’ll gain access to your own account where you can manage your policy. If you have questions about the policy or billing, or if you need to file a claim, then you can email or call. Obie is only available on weekdays.

While Thimble will sometimes generate tiered coverage, which gives you some flexibility over pricing, it does not actually give you the comparison that most traditional brokers give.

We received a quote for $1,807.68 annually. The quote was for same-day coverage and had multiple layers of protection. It included general liability with an aggregate limit of $1 million, commercial property with a limit of $100,000, and a $500 deductible. It also had $50,000 for cyber insurance with a $500 deductible.

Its Amazon Seller insurance meets the Pro Merchant requirements from Amazon and targets:

• Apparel makers
• Candlemakers
• Jewelry makers
• Leatherworkers
• Soapmakers

If you are a maker participating in a craft show, Thimble offers short-term coverage by the hour and day.

While the broker is in all 50 states, not every coverage is available. You can check out Thimble’s coverage map to see if what you need is available in your area. The linked map also lets you see what coverages Thimble offers.

Thimble’s emphasis is on the digital experience: in just minutes—sometimes less than a minute—you can get a quote and purchase a policy for same-day coverage. You can then manage your policy, create and obtain an instant COI, or file a claim online.

Customers are happy with over 2,000 reviews on Trustpilot, with an average of 4.4 out of 5 stars.

We received three quotes for a BOP. Unfortunately, we could not view the details of any of the quotes, only the price. To continue the quoting process, you must select one of the quotes, and then a representative from Gallagher will follow up with you to review it in detail and purchase the policy.

The three quotes we received, all for an annual premium, were as follows:

1. $1,890 from The Hartford
2. $1,012 from Nationwide
3. $1,692 from Travelers

Unlike the other brokers on this list, Gallagher does have a wide range of business insurance options including commercial auto, flood, and crime insurance.

For policy maintenance, Gallagher offers an online account portal called Gallagher Go. Through this portal, you have 24/7 access to your policy and can file claims. If you need to speak with someone, Gallagher is open Monday through Friday from 8 a.m. to 5 p.m. ET.

Because of its size, Gallagher has a claims team and handles claims for other providers. It also has a claims advocacy team to help you throughout the claim-filing process, including audits, to ensure the claim is being handled quickly.

Customers are responding positively to their experience with Gallagher. It currently has over 6,400 reviews, with 4.6 out of 5 stars on Trustpilot.

Like an agent, a broker functions as an intermediary between a customer and the insurance company. Typically, it works with multiple providers and helps customers find the best coverage with the right company.

Brokers have knowledge and access to many different providers, thus giving them the ability to provide maximum coverage for your business. Our article on the ways to save money on business insurance covers how brokers also let you compare prices among different providers, helping you pick the right coverage and get a price that matches your needs.

It can, but not always. Some brokers will charge a fee and include it in their quotes. Most are paid by the provider, and the payment comes out of the premium, so it doesn’t cost you anything additional.

A business insurance deductible is the amount of money a policyholder and insurance company agree a policyholder will pay in the event of a claimable loss.

One of the more common types of business insurance is general liability. This third-party coverage protects your business from claims that, because of negligence, your company caused property damage or bodily injury to another person or party. Some other losses general liability may include are personal and advertising injury or product liability.

A broker works with customers and multiple providers to help facilitate the sale of insurance. Brokers do not work for one provider. In contrast, an insurance provider, or carrier, underwrites and services the policy, including investigating coverage and paying claims.

One advantage of working with a broker is that it can help you save money by comparing quotes. On the other hand, working directly with a provider typically gives you one point of contact for all of your needs. For more information, read our insurance broker vs carrier comparison.

If you’d prefer to work with a provider rather than a broker, we’ve put together a guide with our best small business insurance companies.