NEXT leads Nevada's workers' comp insurance market with outstanding customer service and comprehensive coverage options. Nevada business owners can also rely on The Hartford and Simply Business as strong alternatives, with both providers delivering comparable quality and service.
Workers' Comp Insurance in Nevada
NEXT is Nevada's top workers' comp insurance provider, with an overall score of 4.61 out of 5, based on our analysis.
Compare top Nevada workers' comp insurance providers and find your ideal coverage.
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Updated: September 10, 2025
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Key Takeaways
NEXT, The Hartford and Simply Business stand out as Nevada's top-rated workers' comp insurance providers based on overall performance scores.
Your business type, number of employees, previous claims and available budget will determine which workers' comp provider fits your needs in Nevada.
To find the right workers' comp coverage in Nevada, request multiple quotes, look into each provider's industry knowledge, review their service history and analyze their coverage details.
Best Workers' Comp Insurance Companies in Nevada
| NEXT Insurance | 4.61 | 1 |
| The Hartford | 4.55 | 2 |
| Simply Business | 4.53 | 3 |
| Coverdash | 4.46 | 4 |
| biBERK | 4.44 | 5 |
| Nationwide | 4.43 | 6 |
| Progressive Commercial | 4.40 | 7 |
| Thimble | 4.40 | 7 |
| Hiscox | 4.38 | 8 |
| Chubb | 4.27 | 9 |
How Did We Determine These Rates and Rankings?
These rates are estimates based on MoneyGeek's analysis of small businesses with two employees across 79 major industries. Actual rates vary based on your business location, industry risk factors, claims history, coverage limits and individual insurer underwriting criteria. Contact insurers directly for personalized quotes.
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LEARN MORE ABOUT BUSINESS INSURANCE IN NEVADA
Nevada businesses often need more than just workers' compensation insurance to stay fully protected. Understanding your coverage options is crucial for comprehensive business protection. Here are valuable resources to help you explore other types of coverage:
Best Nevada Workers’ Comp Insurance Reviews
NEXT and The Hartford distinguish themselves as the premier workers' compensation insurance providers in Nevada.
NEXT
Overall Best Provider
MoneyGeek Rating
4.6/ 5
4.4/5Affordability
4.7/5Customer Experience
4.8/5Coverage Options
Average monthly premium
$78Based on our analysis of Nevada workers' compensation ratesOur survey: Claims process
3.9/5Rating based on customer satisfaction with claims handlingOur survey: Recommend to others
4.8/5Percentage of customers who would recommend NEXT Insurance
The Hartford
Runner-Up Best Provider
MoneyGeek Rating
4.5/ 5
4.4/5Affordability
4.6/5Customer Experience
4.7/5Coverage Options
Average monthly premium
$79Based on average costs for small business coverage in NevadaOur survey: Claims process
4.5/5Rating based on customer satisfaction with claims handlingOur survey: Recommend to others
4.5/5Percentage of current customers who would recommend The Hartford
Cheapest Workers' Comp Insurance Companies in Nevada
Nevada businesses can secure cheap workers' comp insurance through NEXT at $78 monthly ($942 annually). The Hartford and Thimble provide competitive alternatives at $79 and $80 per month, respectively. The table below shows costs from all companies we analyzed:
| NEXT Insurance | $78 | $942 |
| The Hartford | $79 | $953 |
| Thimble | $80 | $960 |
| Hiscox | $81 | $968 |
| Progressive Commercial | $81 | $969 |
| Simply Business | $81 | $976 |
| Coverdash | $83 | $993 |
| biBERK | $85 | $1,021 |
| Nationwide | $92 | $1,108 |
| Chubb | $97 | $1,158 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on workers’ comp policies. Your actual premium depends on where your business is located, what industry you're in, how many employees you have, and other factors insurers consider.
Average Cost of Workers’ Comp Insurance in Nevada
Workers' compensation insurance in Nevada costs businesses an average of $84 per month ($1,005 annually). Nevada employers pay $10 more than the national monthly average of $74. Your business's actual premium depends on industry risk level, number of employees, total payroll and previous claims experience.
Average Cost of Workers' Comp in Nevada by Industry
In Nevada, workers' compensation insurance costs vary by industry risk level. Monthly premiums range from $7 for speech therapists to $948 for roofing contractors. This substantial difference reflects the varying workplace injury risks across different professions in Nevada.
| Accountants | $23 | $280 |
| Ad Agency | $18 | $218 |
| Auto Repair | $174 | $2,083 |
| Automotive | $135 | $1,614 |
| Bakery | $61 | $729 |
| Barber | $16 | $195 |
| Beauty Salon | $17 | $200 |
| Bounce House | $46 | $552 |
| Candle | $45 | $546 |
| Cannabis | $96 | $1,147 |
| Catering | $83 | $999 |
| Cleaning | $55 | $663 |
| Coffee Shop | $53 | $634 |
| Computer Programming | $32 | $385 |
| Computer Repair | $27 | $326 |
| Construction | $208 | $2,491 |
| Consulting | $35 | $415 |
| Contractor | $189 | $2,271 |
| Courier | $257 | $3,086 |
| DJ | $16 | $193 |
| Daycare | $15 | $182 |
| Dental | $13 | $153 |
| Dog Grooming | $74 | $886 |
| Drone | $31 | $366 |
| Ecommerce | $25 | $300 |
| Electrical | $65 | $782 |
| Engineering | $44 | $527 |
| Excavation | $122 | $1,464 |
| Florist | $69 | $832 |
| Food | $48 | $574 |
| Food Truck | $52 | $622 |
| Funeral Home | $30 | $365 |
| Gardening | $53 | $642 |
| HVAC | $71 | $856 |
| Handyman | $107 | $1,283 |
| Home-based | $11 | $138 |
| Hospitality | $79 | $948 |
| Janitorial | $55 | $660 |
| Jewelry | $34 | $414 |
| Junk Removal | $159 | $1,908 |
| Lawn/Landscaping | $43 | $516 |
| Lawyers | $60 | $717 |
| Manufacturing | $67 | $799 |
| Marine | $170 | $2,042 |
| Massage | $17 | $199 |
| Mortgage Broker | $16 | $189 |
| Moving | $300 | $3,600 |
| Nonprofit | $36 | $431 |
| Painting | $159 | $1,905 |
| Party Rental | $42 | $505 |
| Personal Training | $28 | $341 |
| Pest Control | $81 | $968 |
| Pet | $35 | $420 |
| Pharmacy | $7 | $87 |
| Photography | $19 | $232 |
| Physical Therapy | $8 | $93 |
| Plumbing | $73 | $877 |
| Pressure Washing | $95 | $1,139 |
| Real Estate | $34 | $410 |
| Restaurant | $72 | $866 |
| Retail | $40 | $481 |
| Roofing | $948 | $11,374 |
| Security | $60 | $718 |
| Snack Bars | $49 | $591 |
| Software | $30 | $359 |
| Spa/Wellness | $20 | $238 |
| Speech Therapist | $7 | $81 |
| Startup | $15 | $178 |
| Tech/IT | $31 | $377 |
| Transportation | $260 | $3,125 |
| Travel | $8 | $96 |
| Tree Service | $252 | $3,023 |
| Trucking | $307 | $3,680 |
| Tutoring | $11 | $137 |
| Veterinary | $22 | $269 |
| Wedding Planning | $32 | $389 |
| Welding | $132 | $1,585 |
| Wholesale | $46 | $551 |
| Window Cleaning | $239 | $2,869 |
How Much Workers' Comp Insurance Do I Need in Nevada?
In Nevada, businesses must carry workers' compensation insurance as soon as they hire their first employee. This insurance ensures coverage for medical expenses and lost wages if workers get injured or sick due to their job.
Employers who fail to provide workers' compensation coverage face administrative fines up to $15,000, and authorities can shut down their business. Willful violations may result in criminal charges.
Sole proprietors
Business owners operating as sole proprietors can typically opt out of workers' comp coverage for themselves while still maintaining coverage for any employees.
Corporate officers
Executive officers owning at least 25% of company stock can elect to exclude themselves from coverage by filing a written waiver with the state.
Independent contractors
Workers classified as legitimate independent contractors under state guidelines are generally exempt from mandatory coverage requirements.
Real estate agents
Licensed real estate professionals working on commission are typically considered independent contractors and exempt from workers' comp requirements.
Domestic workers
Household employees working fewer than 40 hours per week or earning under the state threshold may be exempt from coverage requirements.
Agricultural workers
Small farms with limited payroll or seasonal workers often qualify for exemption from mandatory coverage rules.
Part-time workers
Employees working fewer than 20 hours per week or earning below the minimum threshold may not require coverage under state law.
Family members
Certain relatives working in family businesses, such as children under 18 or spouses, can be exempt from mandatory coverage requirements.
How to Get the Best Workers' Comp Insurance in Nevada
While workers' comp requirements in Nevada might feel complex, affordable coverage options are available to protect your team and maintain reasonable business insurance costs.
- 1
Check coverage requirements
Nevada law requires most businesses with employees to carry workers' comp insurance. Even hiring one part-time worker typically triggers this requirement.
- 2
Collect business details
Prepare accurate payroll records, employee counts, and job classifications. These details affect your premium rates and help prevent costly audit surprises.
- 3
Get multiple insurance quotes
Contact at least three insurance carriers for quotes.
- 4
Find industry-specific experience
Select insurers who understand your industry's unique risks and local regulations. This expertise ensures proper coverage and compliance with Nevada safety standards.
- 5
Review provider performance
Examine each insurer's claim processing speed and complaint history. See if they offer workplace safety programs and injury prevention resources.
- 6
Examine policy details
Review coverage limits and exclusions. Consider flexible payment options, including pay-as-you-go.
- 7
Schedule annual reviews
Review your coverage yearly as business changes affect premium costs.
Nevada Workers’ Comp: Bottom Line
Nevada businesses have access to several strong workers' compensation insurance providers. Our analysis shows NEXT Insurance, The Hartford and Simply Business lead Nevada's market. Consider getting quotes from these insurers to find the best fit for your industry, company size and financial requirements.
Nevada Workers' Comp Insurance: FAQ
Find clear answers to your most common questions in our comprehensive FAQ guide below.
Is workers' comp insurance required for all Nevada businesses?
Nevada law requires employers to carry workers' compensation insurance as soon as they hire their first employee. Notable exemptions include sole proprietors without employees, independent contractors and elected corporate officers. Businesses that fail to maintain coverage face fines up to $15,000, potential criminal penalties and may be ordered to close operations.
How much does workers' comp insurance cost in Nevada?
NEXT offers the lowest-priced workers' compensation insurance in Nevada at $78 per month ($942 annually). Your actual premium will depend on your industry risk level, number of employees, payroll size and claims history.
What does workers' comp insurance cover in Nevada?
Nevada workers' comp insurance covers medical expenses and lost wages for work-related injuries or illnesses. Benefits include unlimited medical care, temporary or permanent disability payments, and death benefits. The coverage protects employers from lawsuits and applies to employees but not independent contractors.
Which workers' comp insurance company is best in Nevada?
NEXT Insurance leads Nevada's workers' comp providers with a 4.61 overall score, excelling in customer service (4.70) and coverage options (4.80). The Hartford follows at 4.55, known for consistent service quality, while Simply Business ranks third with 4.53, offering the highest coverage score (4.90). Choose based on what matters most: service quality, reliability or coverage breadth.
What happens if I don't have workers' comp insurance in Nevada?
Operating without workers' compensation insurance in Nevada is illegal. Employers face fines up to $15,000, potential criminal penalties and immediate business closure. The Nevada Workers' Compensation Section can also require uninsured employers to pay all employee medical costs and lost wages out of pocket if workplace injuries occur.
Do sole proprietors need workers' comp insurance in Nevada?
Sole proprietors in Nevada are exempt from workers' compensation requirements since they're not considered employees. However, certain contractors and high-risk industries must carry coverage by law. Some sole proprietors opt to purchase workers' comp voluntarily for personal injury protection.
How do I choose the right workers' comp insurance company in Nevada?
Get quotes from at least three workers' comp insurance companies in Nevada to compare rates and coverage options. Select carriers with proven experience in your industry, particularly for high-risk fields like construction. Review each insurer's claims process, customer satisfaction scores and complaint records with Nevada's Division of Insurance before making your decision.
How We Scored the Best Workers' Comp Insurance Companies in Nevada
- Affordability (50%): Cost drives every small business insurance decision in Nevada's expensive market. We compared monthly premiums across all companies, since even comprehensive policies won't help if you can't afford them.
- Customer experience (30%): When your employee gets hurt, you'll need an insurer that handles claims quickly and treats injured workers fairly. We used J.D. Power ratings, Nevada Department of Insurance complaint data and independent reviews.
- Coverage options (15%): We evaluated each company's policy flexibility, add-on options and coverage limitations for specific Nevada industries and regulatory requirements.
- Financial strength (5%): Premium savings don't matter if your insurer struggles financially. We checked AM Best ratings to ensure recommended carriers can deliver on their promises.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.