Simply Business Insurance Review: A Comprehensive Analysis

Simply Business is an online insurance broker founded in 2005 that connects small business owners with insurance coverage through partner companies. The company has offices in Boston and London and is owned by Travelers, a major U.S. business insurance provider.

Pros of Simply Business

1. Multiple Carrier Options
   Simply Business works with various top-rated insurance carriers, allowing customers to compare quotes from different providers.
2. Wide Industry Coverage
   The platform caters to a broad range of industries, making it suitable for many types of small businesses.
3. User-Friendly Online Experience
   Customers can easily compare quotes and purchase policies online through a streamlined process.
4. Same-Day Certificates of Insurance
   Simply Business offers quick access to proof of insurance through online accounts.
5. Competitive Pricing
   Many users report finding affordable coverage options through the platform.

Cons of Simply Business

1. Limited Customer Support Hours
   The company does not offer 24/7 customer service, with support unavailable on weekends except for limited Saturday hours.
2. No Direct Claims Processing
   As a broker, Simply Business does not handle claims directly. Customers must work with the underwriting insurance company for claims.
3. Limited Coverage Options
   Some types of business insurance, like commercial auto, may not be available through Simply Business.
4. No Mobile App
   The company lacks a mobile app for business customers, which may inconvenience some users.

Coverage Options

Simply Business offers various insurance products, including:

1. General Liability Insurance
2. Professional Liability Insurance
3. Business Owner’s Policy (BOP)
4. Workers’ Compensation
5. Tools and Equipment Insurance

Why Consider BizSelectInsurance.com as an Alternative

While Simply Business offers a convenient platform for small business owners, BizSelectInsurance.com provides several unique advantages:

1. Advanced Technology Platform: BizSelectInsurance leverages Commercial Insurance Center’s cutting-edge platform to connect clients with a broad network of top-rated insurance carriers.
2. Comprehensive Coverage Options: BizSelectInsurance offers a wide range of insurance solutions, including Business Owner’s Policy (BOP), Commercial Auto Insurance, Commercial Flood Insurance, Cyber Liability Insurance, and more.
3. Expert Guidance: BizSelectInsurance aims to help businesses navigate the complexities of commercial insurance, providing expert assistance in finding the right coverage.
4. Customized Solutions: The platform focuses on matching businesses with the most suitable insurance options for their specific needs and industry.
5. Potential for Better Pricing: By comparing offers from various top-rated insurers, BizSelectInsurance may help businesses find more competitive rates.

Conclusion

Simply Business offers a user-friendly platform for small business owners to compare and purchase insurance policies. However, BizSelectInsurance.com presents a compelling alternative, leveraging advanced technology and a wide network of carriers to provide comprehensive, customized insurance solutions. Before making a decision, it’s advisable to carefully review the offerings of both platforms to ensure you find the coverage that best meets your specific business needs.