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The combination of a proactive legal system and a vigorous economy is what sets New Hampshire apart from the other states. The state recorded unprecedented exports of $7.6 billion in 2023, which is an 84% increase from 2016. On the other hand, unpredictable climate and market volatility pose threats to local businesses. The years of 2021 and 2022 saw the number of businesses increase by 3,184, taking the net total to 8,378.
In order to manage business-related risks, having proper business insurance coverage from credible insurers is vital. Commercial coverage from trusted firms not just safeguards financial assets from unanticipated financial losses. It puts firms on the path of expansion and growth.
This feature takes a look at seven carriers that have positioned themselves as leading coverage carriers in New Hampshire with their insurance solutions and their approach toward client management.
Hiscox
Having a strong reputation for efficient customer service, Hiscox is popular for business insurance in New Hampshire because of their personalized coverage. Their general liability, professional liability, and business owner’s policies are specially crafted for small businesses.
The company covers numerous industries including consulting, health and wellness, and technology, Hiscox is known for helping businesses grow through their unique policies, global coverage, and outstanding support. They have a digital platform through which firms can acquire estimates and purchase coverage in a quick manner
Tivly
Tivly is an insurance marketplace that connects New Hampshire’s small business owners to personalized coverage options. Apart from general and professional liability insurance, the firm also offers Business owners Policies that help protect businesses from daily risks.
Tivly has been serving numerous industries, such as consulting, construction, and retail industries, providing flexible coverage options by partnering with over 200 top-rated carriers to ensure their clients’ financial needs are met.
NEXT Insurance
For small businesses in New Hampshire, NEXT Insurance is a well-known option because of its affordable and customized solutions. They offer general liability insurance, professional liability insurance, workers’ compensation insurance, and commercial property insurance.
The industries they cover include construction, retail, and professional service industries, to name a few. Their online platforms facilitate business owners in obtaining quotes, purchasing policies, and even getting insurance certificates with ease.
Thimble
Thimble offers unique insurance products to small businesses in New Hampshire. These include general liability, professional liability, and business equipment insurance that can be purchased for short periods ranging from an hour to a month.
With flexible coverage plans, Thimble caters to the constantly evolving needs of modern entrepreneurs. Their clientele includes contractors, landscapers, handymen, janitors, event organizers, and many more. Entrepreneurs appreciate the instant coverage that comes with easy policy management provided through the company’s mobile application. Immediate policy activation ensures business owners can receive coverage within seconds.
InsuranceBee
InsuranceBee has positioned itself as a go-to provider for general liability insurance in New Hampshire due to its effective and low-cost solutions. Their product offering comprises general and professional liability insurance (errors & omissions), along with Business owner’s Policies, cyber insurance, workers’ compensation, and management liability insurance.
The professionals that InsuranceBee caters to are contractors, caregivers, cleaning, consulting, handyman services, janitorial services, lawn care, landscaping, real estate, and many more. The insurance carrier stands among the rest by offering personalized service with quick solutions coverage.
biBERK
biBERK has earned a reputation as a trusted small business insurance provider for New Hampshire. Apart from workers’ compensation coverage, they also offer general liability, professional liability, business owner’s policies (BOP), commercial auto, umbrella, and many other coverages.
The company caters to an array of industries, like construction, retail, healthcare, and professional services. The best thing about their firm is that their policies are directly delivered to clients. The fact that the firm is a subsidiary of Warren Buffet’s Berkshire Hathaway Insurance Group puts it at the forefront of the industry.
Progressive
Progressive is one of the leading business insurance providers in New Hampshire. Their firm provides a wide range of products and services, including general liability, commercial auto, workers’ compensation, BOP, professional liability, cyber insurance, and many more.
Their products protect businesses from numerous threats and are specially designed for businesses in a wide range of sectors, including restaurants, landscaping, consulting, contracting, and more. Progressive stands out for its flexible insurance policies, round-the-clock support, and a highly-rated website which allows for easy policy booking and management.
Brief Overview of Leading Insurance Firms In New Hampshire
The table below will provide a clear understanding of the eight insurance firms, their products, and unique selling features that have made them a household name in New Hampshire.
| Insurance Firm | Products | Key Features |
| Hiscox | General Liability, Professional Liability, Business Owner’s Policies | Personalized coverage, global coverage, outstanding support, fast online quoting and purchasing |
| Tivly | General Liability, Professional Liability, Business Owner’s Policies | Marketplace connecting businesses with 200+ top-rated carriers, flexible coverage options |
| NEXT Insurance | General Liability, Professional Liability, Workers’ Compensation, Commercial Property | Affordable customized solutions, user-friendly online platform, quick policy management |
| Thimble | General Liability, Professional Liability, Business Equipment Insurance | Short-term coverage options, mobile app for instant policy activation, flexible plans for entrepreneurs |
| InsuranceBee | General Liability, Professional Liability (Errors & Omissions), Business Owner’s Policies, Cyber Insurance, Workers’ Compensation, Management Liability | Flexible policies, 24/7 support, and a highly-rated website for easy policy booking and management |
| biBERK | Workers’ Compensation, General Liability, Professional Liability, Business Owner’s Policies, Commercial Auto, Umbrella Insurance | Direct-to-client policies, backed by Berkshire Hathaway, wide industry coverage |
| Progressive | General Liability, Commercial Auto, Workers’ Compensation, Business Owner’s Policies, Professional Liability, Cyber Insurance | Flexible policies, 24/7 support, highly-rated website for easy policy booking and management |
Top Cities in New Hampshire for Business Insurance
The following cities in New Hampshire provide the required infrastructure support and economic environments suitable for finding business insurance solutions:
- Manchester
- Nashua
- Concord
- Derry
- Rochester
- Dover
- Salem
- Merrimack
- Londonderry
- Hudson
- Keene
- Portsmouth
- Bedford
- Milford
- Goffstown
New Hampshire Government Resources for Business Insurance
You can get additional information about business insurance requirements in New Hampshire through these government resources.
- New Hampshire Insurance Department
- U.S. Small Business Administration (SBA) – New Hampshire District Office
- Small Business Health Options Program (SHOP) Marketplace
Conclusion
New Hampshire companies can protect their business with insurance that covers potential financial damages that can be caused by unexpected events and monetary risks. The leading insurance providers in the state have plans that keep firms prepared for anything.
Planning to expand your business out of New Hampshire? Check out our preferred business insurance providers from Maine and Massachusetts. Looking for investment opportunities in New Hampshire? Let these firms take care of your financial needs. You can always count on Sophisticated Investor for financial advice that helps your business grow.
Brandi is a financial writer and entrepreneur with decades of expertise covering U.S. business and financial topics. Her work has been featured on Consumer Affairs, ASBN Small Business Network, Koho and many other top financial publications.
