NEXT earned our top spot for the best small business insurer for computer repair companies due to its affordability and coverage. However, we recommend comparing quotes from our other top picks, including The Hartford, Simply Business and biBerk.
Best Computer Repair Business Insurance
Updated: July 17, 2025
Advertising & Editorial Disclosure
Key Takeaways
NEXT is the best business insurance company for computer repair firms because it offers the greatest balance of affordability and coverage.
The cheapest overall commercial insurance provider for computer repair businesses is NEXT, with low monthly rates for various coverage types.
To shop for business insurance for your computer repair business, assess the risks in your industry, consult agents and other similar organizations, and compare multiple options.
Best Business Insurance for Computer Repair Companies
| NEXT Insurance | 96 | 98 | 94 |
| The Hartford | 93 | 93 | 91 |
| Simply Business | 90 | 89 | 83 |
| biBERK | 89 | 88 | 91 |
| Coverdash | 89 | 89 | 83 |
| Chubb | 88 | 86 | 87 |
| Thimble | 88 | 91 | 81 |
| Hiscox | 88 | 89 | 87 |
| Progressive Commercial | 87 | 88 | 81 |
| Nationwide | 86 | 80 | 91 |
*All scores were based on a computer-repair business with two employees across professional liability, general liability, workers' comp and BOP policies.
1. NEXT
pros
Best customer service experience
Reasonable rates for most coverage types
Large coverage selection
cons
Slower quote times than competition
Lower financial stability ratings
COMPANY HIGHLIGHTS
NEXT earned the top spot in our computer repair business insurance rankings as both the best overall provider and cheapest option for technology service companies. Despite having under a decade of experience, NEXT achieved a remarkable 4.7 out of 5.0 customer rating from over 3,000 policyholders while delivering excellent customer service and comprehensive coverage. With monthly general liability insurance starting at $20 and the lowest rates across 2 out of 4 coverage types, NEXT is an exceptional choice for computer repair businesses needing protection against technology risks at the most budget-friendly premiums available.
2. The Hartford
pros
Lowest professional liability insurance rates
Extensive experience with over 200 years in the industry
Highest financial stability ratings
cons
Less affordable for workers' comp policies
COMPANY HIGHLIGHTS
The Hartford secured the runner-up position in our computer repair business insurance rankings, delivering exceptional value through its extensive industry expertise. The company offers highly competitive rates and particularly strong professional liability insurance that addresses technology services, customer data handling, and equipment repair risks. The Hartford's superior customer service earned top ratings from over 10,000 business owners, while its A+ from AM Best ensures computer repair companies can rely on dependable claims processing when needed.
3. Simply Business
pros
Convenient online process
Can get quotes from multiple companies at once
Competitive rates for most coverage types
cons
Low customer service ratings
Claim handling done by third-parties
COMPANY HIGHLIGHTS
Simply Business secured third place in our computer repair business insurance rankings by offering a marketplace platform that connects technology service providers with multiple specialized insurers. The service helps computer repair businesses compare coverage options and rates for professional liability and data handling risks at competitive prices. However, as a marketplace rather than a direct insurer, Simply Business may involve longer processing times and less direct customer support compared to traditional insurance providers, which could be challenging for computer repair companies needing immediate assistance.
Cheapest Business Insurance for Computer Repair Firms
Based on our study of business insurance pricing, NEXT offers the cheapest overall commercial insurance for computer repair companies across most policy types. However, this applies only to computer repair 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 Computer Repair Companies
With an average monthly rate of $20, NEXT offers the lowest-cost general liability insurance for computer repair companies. Even so, consider getting quotes from the next-most-affordable insurers: Thimble and The Hartford.
| NEXT Insurance | $20 | $238 |
| Thimble | $39 | $464 |
| The Hartford | $40 | $484 |
| Hiscox | $44 | $531 |
| Coverdash | $46 | $556 |
| Simply Business | $47 | $562 |
| Progressive Commercial | $49 | $582 |
| biBERK | $50 | $605 |
| Chubb | $50 | $597 |
| Nationwide | $79 | $953 |
Cheapest Workers' Comp Insurance for Computer Repair Companies
For computer repair businesses shopping for workers' comp insurance, Thimble tops our list as the most affordable insurer, with average rates of $10 per month or $124 yearly.
However, you may find more affordable rates with Simply Business, Progressive Commercial, biBerk and NEXT.
| Thimble | $10 | $124 |
| Progressive Commercial | $11 | $134 |
| Simply Business | $11 | $138 |
| biBERK | $12 | $146 |
| Coverdash | $12 | $142 |
| Hiscox | $12 | $138 |
| NEXT Insurance | $12 | $144 |
| The Hartford | $12 | $140 |
| Nationwide | $13 | $155 |
| Chubb | $14 | $167 |
Cheapest Professional Liability Insurance for Computer Repair Companies
The Hartford offers the most affordable professional liability insurance options for computer repair companies, with low average monthly rates of $56. You may also want to compare prices from other low-cost providers like NEXT, Thimble and Progressive Commercial.
| The Hartford | $56 | $674 |
| NEXT Insurance | $58 | $695 |
| Progressive Commercial | $60 | $723 |
| Thimble | $60 | $720 |
| Hiscox | $62 | $748 |
| Simply Business | $62 | $742 |
| Coverdash | $63 | $761 |
| biBERK | $65 | $779 |
| Nationwide | $68 | $812 |
| Chubb | $73 | $880 |
Cheapest BOP Insurance for Computer Repair Companies
NEXT provides the most affordable business owner's policy (BOP) coverage for computer repair companies, with an average yearly cost of $345 for bundled general liability and property protection. That's a savings of roughly $273 annually compared to The Hartford, the second most affordable option.
| NEXT Insurance | $29 | $345 |
| The Hartford | $51 | $618 |
| Thimble | $60 | $718 |
| biBERK | $66 | $792 |
| Hiscox | $66 | $796 |
| Coverdash | $68 | $811 |
| Simply Business | $70 | $839 |
| Progressive Commercial | $73 | $872 |
| Chubb | $74 | $888 |
| Nationwide | $119 | $1,430 |
What Type of Coverage Do You Need for a Computer Repair Business?
Companies with employees need 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. You might also need a surety bond in certain industries, especially when contracts require guarantees of service or compliance.
RECOMMENDED COMPUTER REPAIR BUSINESS COVERAGE
We recommend general liability insurance for computer repair businesses, even if it's not legally required because it protects against risks like bodily injury, property damage and legal defense costs.
Professional liability insurance is also a smart option for businesses that work under client contracts or provide specialized services. This coverage becomes especially useful for companies offering specialized services or handling large contracts where the risk of disputes is higher.
How to Get the Best Cheap Business Insurance for Your Computer Repair Company
Here's a step-by-step guide to help you find the best and cheapest business insurance for your computer-repair company.
- 1
Decide on coverage needs before buying
Research average costs for your business profile and find which providers offer the cheapest rates overall. This gives you a benchmark for how much you're saving when comparing quotes and which companies to start with.
- 2
Research costs
Research average costs for your business profile and find which providers offer the cheapest rates overall. This gives 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
Read what customers say on online rating sites and forums to get a better look at company services. Also, check coverage options to make sure you're covered for the right items, both now and as your business grows.
- 4
Compare multiple quotes through different means
The best way to find a good deal is to compare multiple quotes for the same coverage. Pricing varies by your comparison method, whether with captive agents, comparison sites, company websites or independent agents.
- 5
Reassess annually
Your business will change, affecting your rates and coverage needs. Repeat these steps annually to ensure you still have the best deal.
How to Decrease Your Computer Repair Business's Liability Risk
Reducing risk helps computer repair businesses manage liability and insurance costs effectively. We've organized risk mitigation strategies by business type and risk level to help you find the best approach for your needs.
Computer Repair Business Risk Type | Included Types of Computer Repair Businesses | Risk Mitigation Tactics |
|---|---|---|
Highest | Data recovery services, server/network repairs, cybersecurity services, forensic data analysis, business-critical system repairs, cloud migration services |
|
Moderately high | Business computer services, on-site corporate repairs, laptop/mobile device repair, virus removal, system upgrades, warranty repairs |
|
Moderate | General computer repair, hardware replacement, software installation, basic troubleshooting, home computer services, peripheral repairs |
|
Moderately low | Basic software support, computer training, accessory sales, simple hardware installation, computer cleaning services |
|
Lowest | Computer consulting, IT planning, technology purchasing advice, remote support coordination, computer education services |
|
Best Insurance for Computer Repair Business: Bottom Line
NEXT is the best insurer for computer repair business insurance, while also offering the cheapest option overall. We also recommend getting quotes from The Hartford, Simply Business and biBerk. For the best deal, talk to agents, research providers and pricing, and compare multiple quotes side by side.
Computer Repair Business Insurance: FAQ
Below, we answer common questions about insurance for computer repair businesses.
Who offers the best computer repair business insurance overall?
NEXT offers the best business insurance for computer repair companies, earning a MoneyGeek score of 96 out of 100 and excelling in customer service. The Hartford follows closely with a score of 93.
Who has the cheapest business insurance for computer repair companies?
Here are the most affordable business insurance options for computer repair companies, categorized by coverage type:
- Cheapest general liability insurance: NEXT at $20 monthly
- Cheapest workers' comp insurance: Thimble at $10 monthly
- Cheapest professional liability insurance: The Hartford at $56 monthly
- Cheapest BOP insurance: NEXT at $29 monthly
What business insurance is required for computer repair organizations?
Workers' compensation insurance (if you have employees) and commercial auto insurance (if you own business vehicles) are legally required for computer repair businesses, with requirements varying by state. General liability insurance and surety bonds, while not legally mandated, are generally required by most commercial clients and property leases.
How much does computer repair business insurance cost?
Business insurance costs for computer repair businesses vary depending on the type of coverage. Below are the average monthly costs from our study:
- General liability: $46 per month
- Workers comp: $12 per month
- Professional liability: $63 per month
- BOP insurance: $68 per month
How We Chose the Best Computer Repair Business Insurance
We selected the best business insurer for computer-repair 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.