NEXT earned our top spot for the best small business insurer for candle companies due to its affordability and coverage. However, we recommend comparing quotes from our other top picks, including The Hartford, biBerk and Coverdash.
Best Candle Business Insurance
Updated: July 17, 2025
Advertising & Editorial Disclosure
Key Takeaways
NEXT is the best business insurance company for candle firms because it offers the greatest balance of customer service and affordability.
The cheapest overall commercial insurance provider for candle businesses is NEXT, with low monthly rates for various coverage types.
To shop for business insurance for your candle business, assess the risks in your industry, consult agents and other candlemakers, and compare multiple options.
Best Business Insurance for Candle Companies
| NEXT Insurance | 96 | 98 | 94 |
| The Hartford | 95 | 97 | 91 |
| biBERK | 93 | 96 | 91 |
| Coverdash | 91 | 92 | 83 |
| Nationwide | 91 | 89 | 91 |
| Thimble | 89 | 94 | 81 |
| Progressive Commercial | 88 | 92 | 81 |
| Chubb | 88 | 86 | 87 |
| Hiscox | 88 | 90 | 87 |
| Simply Business | 85 | 80 | 83 |
*All scores were based on a candle business with two employees across professional liability, general liability, workers' comp and BOP policies.
1. NEXT
pros
Cheapest general liability rates
Strong BOP affordability
Easy online quote process
cons
Limited agent-assisted options
COMPANY HIGHLIGHTS
NEXT is our top pick for candle makers thanks to its unbeatable pricing on general liability and BOP policies. It offers an average general liability premium of $37 per month—the lowest in our study—plus the most affordable BOP coverage at just $636 per year. Its digital-first model makes it especially appealing to solo entrepreneurs and home-based businesses. While it offers less personalized support than traditional carriers, NEXT’s strong reputation and customer-rated platform make it a reliable choice for small business owners.
2. The Hartford
pros
Cheapest professional liability rates
Competitive pricing across all policies
AM Best A+ financial strength rating
cons
Fewer self-serve features online
COMPANY HIGHLIGHTS
The Hartford offers the lowest professional liability insurance rates for candle companies at just $37 per month. Its pricing is consistently competitive across all major policies, and its A+ AM Best rating gives peace of mind that claims will be paid.
Candle makers looking for broad coverage, including general liability and workers’ comp, will benefit from The Hartford’s traditional underwriting strength and long-standing reliability. It’s especially suited for growing businesses that need comprehensive protection.
3. biBerk
pros
Low BOP and liability rates
Backed by Berkshire Hathaway
Clear quote breakdowns online
cons
Limited customer support channels
COMPANY HIGHLIGHTS
biBerk stands out for offering affordable coverage bundles ideal for small product-based businesses like candle makers. Its general liability and BOP pricing are among the lowest in our study, second only to NEXT. As a Berkshire Hathaway company, biBerk provides financial strength and brand credibility. The platform also simplifies coverage selection with clear, upfront pricing and minimal paperwork. However, hands-on customer support may be limited compared to traditional insurers.
Cheapest Business Insurance for Candle Firms
Based on our study of business insurance pricing, NEXT offers competitive commercial insurance rates for candle companies, winning two of the four major coverage types we analyzed. However, this applies only to candle companies with two employees, and you may find lower rates elsewhere. Below are the most affordable providers by major coverage types.
Cheapest General Liability Insurance for Candle Companies
With an average monthly rate of $37, NEXT offers the lowest-cost general liability insurance for candle companies. Even so, consider getting quotes from the next-most-affordable insurers: biBerk and The Hartford.
| NEXT Insurance | $37 | $439 |
| biBERK | $43 | $521 |
| The Hartford | $45 | $535 |
| Thimble | $46 | $553 |
| Coverdash | $53 | $633 |
| Progressive Commercial | $54 | $643 |
| Hiscox | $59 | $704 |
| Nationwide | $60 | $717 |
| Chubb | $66 | $792 |
| Simply Business | $96 | $1,156 |
Cheapest Workers' Comp Insurance for Candle Companies
For candle businesses shopping for workers' comp insurance, Thimble tops our list as the most affordable insurer, with average rates of $17 per month or $206 yearly. The next most affordable options are Hiscox, Progressive Commercial, The Hartford and Simply Business.
| Thimble | $17 | $206 |
| Hiscox | $19 | $230 |
| Progressive Commercial | $19 | $222 |
| The Hartford | $19 | $234 |
| Simply Business | $19 | $230 |
| biBERK | $20 | $243 |
| Coverdash | $20 | $236 |
| NEXT Insurance | $20 | $240 |
| Nationwide | $22 | $259 |
| Chubb | $23 | $278 |
Cheapest Professional Liability Insurance for Candle Companies
The Hartford offers the most affordable professional liability insurance options for candle companies, with low average monthly rates of $37. You may also want to compare prices from other low-cost providers like NEXT, Progressive Commercial and Thimble.
| The Hartford | $37 | $447 |
| NEXT Insurance | $39 | $470 |
| Progressive Commercial | $40 | $480 |
| Simply Business | $41 | $496 |
| Thimble | $41 | $489 |
| Coverdash | $42 | $503 |
| Hiscox | $42 | $499 |
| biBERK | $43 | $517 |
| Nationwide | $45 | $540 |
| Chubb | $49 | $585 |
Cheapest BOP Insurance for Candle Companies
NEXT provides the most affordable business owner's policy (BOP) coverage for candle companies, with an average yearly cost of $636 for bundled general liability and property protection. That’s a savings of roughly $37 annually compared to biBerk, the second most affordable option.
| NEXT Insurance | $53 | $636 |
| biBERK | $56 | $673 |
| The Hartford | $57 | $683 |
| Thimble | $71 | $848 |
| Coverdash | $76 | $918 |
| Progressive Commercial | $81 | $974 |
| Hiscox | $87 | $1,049 |
| Nationwide | $89 | $1,072 |
| Chubb | $99 | $1,184 |
| Simply Business | $145 | $1,739 |
What Type of Coverage Do You Need for a Candle Business?
Most companies with employees are legally required to carry workers' comp insurance, and businesses that use vehicles must have commercial auto coverage. Many clients or contracts also require businesses to carry general liability insurance before starting work. Some industries also require surety bonds, particularly when contracts need service guarantees or compliance assurance.
RECOMMENDED CANDLE BUSINESS COVERAGE
General liability insurance is strongly recommended for candle companies because it covers common risks like bodily injury, property damage, or legal defense costs, even when not legally required. Professional liability insurance is also a smart option for businesses that work under client contracts or provide specialized services. It’s particularly helpful for candle businesses with commercial contracts or high-risk jobs, like technical, legal, or customized services.
How to Get the Best Cheap Business Insurance for Your Candle Company
Here's a step-by-step method for finding the best and cheapest business insurance for your candle company.
- 1
Decide on coverage needs before buying
Consider risks specific to your business for claims, get advice from similar businesses, talk to agents and research the types of business insurance. This will give you a balanced perspective on your coverage needs and prevent you from being convinced to get excessive coverage.
- 2
Research costs
Research average costs for your business profile and find which providers offer the cheapest rates overall. This will give you a benchmark for how much you're saving when comparing quotes and which companies to start with.
- 3
Look into company reputations and coverage options
Research average costs for your business profile and find which providers offer the cheapest rates overall. Research coverage options to match your current and future needs so you're covered for the right situations.
- 4
Compare multiple quotes through different means
Compare multiple quotes for identical coverage to find the best deal. Pricing differs by your comparison method, whether with captive agents, comparison sites, company websites or independent agents.
- 5
Reassess annually
Your business situation will change, influencing your rates and coverage needs. Repeat these steps annually to keep getting the best deal.
How to Decrease Your Candle Business's Liability Risk
Reducing liability risk helps candle businesses keep insurance costs manageable. Below, you'll discover tailored risk mitigation strategies organized by your business type or risk tier, helping you safeguard your operations.
Candle Business Risk Type | Included Types of Candle Businesses | Risk Mitigation Tactics |
|---|---|---|
Highest | Manufacturers using open flame, chemical-based additives, or commercial-scale equipment | Install fire suppression systems and regularly inspect equipment. Train staff on OSHA fire safety and chemical handling. Maintain compliance with local fire codes and ventilation standards. Secure product liability insurance with high limits. |
High | Small-batch artisans, private label producers, ecommerce brands shipping nationwide | Use certified non-toxic ingredients and lab-tested fragrance oils. Keep detailed batch records for traceability. Use fire-safe packaging and comply with flammability labeling rules. Purchase product liability coverage and recall expense endorsements. |
Moderate | Farmers market vendors, pop-up shop operators, regional boutique brands | Conduct in-person product safety demos and follow local regulations for selling handcrafted goods. Carry general liability and tools & equipment coverage. Monitor candle curing and transport temps to prevent product failures. |
Low | Subscription box businesses, gift basket assemblers, home-based Etsy shops | Use insured shipping partners and pack items to prevent breakage or leaks. Post clear safety instructions with each candle sold. Maintain accurate inventory records and use bonded carriers when possible. |
Best Insurance for Candle Business: Bottom Line
NEXT is the best insurer for candle business insurance, and it also offers the most affordable coverage overall. We also recommend getting quotes from The Hartford, biBerk and Coverdash. For the best deal, talk to agents, research providers and pricing and compare multiple quotes side by side.
Candle Business Insurance: FAQ
Below, we answer common questions about business insurance for candle companies.
Who offers the best candle business insurance overall?
NEXT stands out as the best provider for candle business insurance due to a stellar MoneyGeek score of 96 and high marks in customer service. The Hartford follows closely, offering competitive plans.
Who has the cheapest business insurance for candle companies?
Here are the cheapest business insurance companies for candle makers by coverage type:
- Cheapest general liability insurance: NEXT Insurance at $37 monthly
- Cheapest workers' comp insurance: Thimble at $17 monthly
- Cheapest professional liability insurance: The Hartford at $37 monthly
- Cheapest BOP insurance: NEXT Insurance at $53 monthly
What business insurance is required for candle organizations?
Workers' compensation insurance (if you have employees) and commercial auto insurance (if you own business vehicles) are legally required for candle businesses, with requirements varying by state. While not legally mandated, general liability insurance and surety bonds are effectively required by most commercial clients and property leases.
How much does candle business insurance cost?
Business insurance costs for candle companies vary depending on your coverage needs and business structure. Below we’ve broken down the average monthly costs for commonly purchased policies:
- General liability: $56 per month
- Workers comp: $20 per month
- Professional liability: $42 per month
- BOP insurance: $81 per month
How We Chose the Best Candle Business Insurance
We selected the best business insurer for candle companies based on the following criteria:
- Affordability (50% of score): The lower a company's costs compared to the competition based on our base profile for four core coverage types, the better it performs.
- Customer service (30% of score): We scored providers on overall customer satisfaction using industry studies, customer review forum ratings and public forum sentiment analysis from sites like Reddit.
- Coverage (15% of score): We scored business insurance for this category based on the flexibility, payment and actual coverage options.
- Financial stability (5% of score): Using financial stability industry ratings from companies like AM Best and Moody's, we created an overall rating to judge how likely a company is to pay out claims compared to the competition.
All pricing in this article is based on the following base profile to represent the vast majority of small businesses in all states:
- Three-person business with two employees
- Coverage: $1 million per occurrence and $2 million total per year for all but BOP, which includes the same coverage plus $5,000 of business property coverage
- $150,000 in payroll
- $300,000 annual revenue
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.
sources
- AM Best. "Hartford Fire Insurance Company." Accessed June 16, 2025.
- NEXT. "Customer Reviews." Accessed June 16, 2025.