Helcim vs NEXT Insurance: which one fits your business?
Side-by-side comparison of Helcim and NEXT Insurance — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: NEXT Insurance wins on our scorecard (8.1/10 vs 7.7/10).
| Scored on | Helcim | NEXT Insurance |
|---|---|---|
| Right fit for small biz | 8 | 8 |
| Ease of use | 6 | 9 |
| Fees & pricing | 9 | 9 |
| Customer support | 7 | 6 |
| Features | 8 | 8 |
| Monthly Subscription | $0 | — |
| Annual Fee | $0 | — |
| PCI Compliance Fee | $0 | — |
| In-person Margin (Average) | 0.40% + 8¢ | — |
| Online Margin (Average) | 0.50% + 25¢ | — |
| Monthly Premium | — | Varies by risk |
| COI Fees | — | $0 (Unlimited) |
| Down Payment | — | Often $0 |
Helcim in one paragraph
Helcim is the most honest payment processor for growing businesses that have outgrown flat-rate 'convenience' pricing.
Skip it if: Skip it if you process less than $2,000 per month or need to start taking payments in the next 10 minutes.
NEXT Insurance in one paragraph
NEXT Insurance is the fastest way for a solo contractor to get covered and on the job in minutes, though it lacks the personal touch required for complex claims.
Skip it if: You have a high-risk business or more than 20 employees and need a dedicated agent to manage complex liability exposures.
Frequently asked questions
Which is better, Helcim or NEXT Insurance?
On our five-axis scorecard, NEXT Insurance scores higher (8.1/10 vs 7.7/10). NEXT Insurance is the fastest way for a solo contractor to get covered and on the job in minutes, though it lacks the personal touch required for complex claims.
Who should skip Helcim?
Skip it if you process less than $2,000 per month or need to start taking payments in the next 10 minutes.
Who should skip NEXT Insurance?
You have a high-risk business or more than 20 employees and need a dedicated agent to manage complex liability exposures.