Auto insurance is the law. This applies to personal vehicles, and it also applies to cars, vans, and trucks that are used for commercial purposes.
Commercial auto usage typically entails greater risk than personal use, so separate policies are required for personal and commercial coverage.
It’s important to note that this is true for both dedicated commercial vehicles such as delivery trucks and for personal cars that are sometimes used to conduct company business.
A range of standard auto insurance protections are available, and commercial trucking policies typically provide the same kind of coverage so businesses can meet state requirements and mitigate their financial risk.
These policies typically provide liability protection for property damage and bodily injury, as well as uninsured and underinsured motorist, medical payment, collision, and comprehensive coverage. Several companies offer special protections for commercial truck fleets.
To help you pick the best commercial truck insurance company to meet your needs, we’ve reviewed the following top organizations. We rated companies based on financial strength, customer service, and extent of coverage.
Commercial truck insurance prices are highly variable, but we’ve also been on the search for discounts specific to this type of policy.
Top 10 Commercial Truck Insurance Companies
Here are the 10 best providers of commercial truck insurance in 2020:
- Travelers Insurance
- State Farm
- Farmers Insurance
- Liberty Mutual
- The Hartford
- Mercury Insurance
In addition to personal insurance, Progressive offers commercial policies, and they claim to be the country’s top insurer of commercial vehicles, including trucks. Customers can shop for business owners’ policies and other products from the Progressive website.
To apply for commercial truck insurance from Progressive, visit their website, enter your ZIP code, and select the “Commercial Auto” option from the drop-down menu.
The online form will ask you a couple questions about your business and the kinds of vehicles you use, what they haul, how far they travel, and who drives them. Progressive will then give you a quote, which you can use to apply for a policy. You can also call (888) 806-9598 or use the website to find an agent in your area and work directly with them.
Progressive commercial truck insurance is available in all 50 U.S. states, and there are policies for owner-operators, motor carriers, and private carriers. Coverage options unique to trucking include protections for motor truck cargo and trailer interchanges as well as insurance for motor truck general liability, non-trucking liability, and rental reimbursement.
Progressive also offers state and federal filing for commercial trucking customers. According to recent numbers, Progressive says that some policies ranged in price from $561 to $795.
As one of the largest insurance companies in the country, Travelers Insurance is an international enterprise that writes its own personal policies and insures businesses and commercial assets. Small, large, and multinational businesses alike are customers of Travelers.
There’s a wide variety of insurance coverage options and requirements for commercial trucking. To establish your needs and request a quote, locate an independent agent in your area by using the Travelers website. Search by location or agency. You can work then with them to decide what kind of coverage from Travelers might best suit you. After you get a quote, you will be able to apply and enroll.
Standard coverage from Travelers includes liability, uninsured and underinsured motorist, and physical damage protection. Specialized Travelers divisions include services for public-sector organizations, companies in the oil and gas industry, and Northland Trucking, which supports truckers and public auto businesses.
Founded in San Francisco in 1999 and currently a subsidiary of Allstate, Esurance offers auto, homeowners, renters, and motorcycle insurance in 43 states. Their commercial auto insurance policies are offered in partnership with Commercial Insurance.NET.
Get a commercial truck insurance quote from Esurance by submitting a form online. You’ll be asked to fill in some personal information and details about your organization, as well as the kind of business insurance you need.
You’ll then submit a referral, and an insurance agent will contact you with a policy suggestion and next steps. You could also call (855) 299-0007 between 7 a.m. and 5 p.m., Central time, Monday through Friday.
Esurance and Commercial Insurance.NET policies provide coverage for your equipment, employees, and substitute vehicles. You’ll also receive liability protection.
State Farm is a large national insurance company that sells auto policies as well as other property and casualty plans. Through a network of exclusive agents and subsidiary companies, State Farm offers services to its customers. Commercial auto insurance is available through State Farm Mutual Automobile Insurance Company.
In addition to insurance, State Farm sells investment and banking products.
To apply for a commercial trucking policy from State Farm, you’ll need to call (844) 242-1899 to receive a quote or work directly with a State Farm agent to figure out what kind of policy will meet your needs. You can then locate a nearby agent online.
Coverage options for commercial auto insurance purchased through State Farm includes liability for bodily injury and property damage, personal injury and medical payments protection, collision and comprehensive plans, and uninsured and underinsured motorist insurance.
An Illinois-based insurance company that offers services throughout the U.S. and Canada, Allstate also provides financial planning products and wealth transfer services. This company has offered auto policies since 1947 and claims to insure more than 100,000 small and medium-sized businesses.
If you want to apply for a commercial truck insurance plan from Allstate, you can start by getting a quote online. Select “Business Insurance” for your policy category, identify your industry and the services you offer, then select “Commercial Auto” in addition to any other business plans you’re interested in. You’ll then have to enter more information about your business as well as some personal information. Once you receive a quote, you’ll be ready to apply and enroll. Alternatively, you can use Allstate’s website to find an agent in your area who can walk you through the process.
Commercial auto insurance from Allstate provides liability protection, collision and comprehensive coverage, and protection from uninsured motorists. Plans that protect borrowed vehicles are available, too.
Ohio-based Nationwide claims to be the country’s largest insurer of farms and ranches. With commercial and personal business divisions, this national insurance company provides a wide range of policies as well as financial products like retirement savings, investing services, banking products, and loans.
Potential Nationwide customers can start the insurance application process by submitting information online to receive a quote. Select “Commercial Auto” alongside any other business policies you may need, then continue. You’ll have to share business and personal information to proceed, followed by answering more in-depth questions. Once you receive a quote, you can apply and enroll. Instead of requesting a quote online, you can call (888) 490-1549 or locate a local agent to assist you.
Nationwide’s commercial auto insurance plans protect policyholders from a range of financial risks, including auto liability and medical payments. Their plans also provide comprehensive, collision, and uninsured and underinsured motorist coverage. Plans are available for both owned or rented vehicles.
Farmers Insurance products and services are available across the country through a network of independent and exclusive agents. In addition to providing personal and small business insurance, Farmers Insurance offers investment and savings opportunities for its customers.
People who are thinking about purchasing a commercial auto policy from Farmers Insurance can request a quote online. After you enter your ZIP code, you’ll share your industry, select whether your number of employees is less or greater than 25, and input some additional information about yourself and your business. After you get a quote, you can apply and enroll. You could also use the Farmers Insurance website to find an agent near you. Then, you could talk through your commercial trucking insurance needs in person.
In addition to standard business auto coverage like liability, uninsured, and underinsured motorist protection, Farmers Insurance offers additional support, like GPS tracking, towing, rentals, and loss of use. Additional features help protect contractors and food trucks.
Liberty Mutual Insurance
Liberty Mutual is an internationally known insurance company that provides consumer insurance products and a range of group disability and life insurance policies. Their commercial insurance policies protect businesses of all sizes. Liberty Mutual has been in operation for more than 100 years.
To apply for commercial auto insurance from Liberty Mutual, you should contact a local agent or talk to your existing broker. The Liberty Mutual website will help you find and contact an agent who will work with you to establish your commercial trucking policy needs and give you a quote.
Commercial auto policies from Liberty Mutual can be customized to handle your specific needs. In addition to standard coverages like liability, uninsured, and underinsured motorist protection, Liberty Mutual offers unique services to help your drivers operate safely and special products to help you get back on your feet quickly. Some of these special solutions include Decision Driving® courses, Managing Vital Driving Performance analytics, the Liberty Mutual Expedite™ customer service app, and access to the Guaranteed Repair Network, where Liberty Mutual customers have priority access to vetted mechanics.
As a recipient of the Ethisphere Institute’s “World’s Most Ethical Company” designation for multiple years, The Hartford is a highly respected insurance and financial services company based in Connecticut. The company offers group policies as well as personal insurance through brokers and agents based all over the country. In addition to selling their own products, they underwrite some policies that are sold through AARP.
To apply for commercial truck insurance through The Hartford, you may have to speak to an agent in person. Use the company website to locate an agent near you. You’ll enter your address or search by agency name. Results will be returned with the agency’s name, address, and phone number. You can reach out to the agent directly or send them a message through The Hartford’s website. Your agent will help you receive a quote, apply, and enroll.
Commercial and specialized truck insurance solutions from The Hartford protect vehicles as varied as refrigerator trailers, snowplows, dump trucks, fire trucks, and ambulances. Standard protections include general liability insurance as well as property and commercial auto coverage. You can also select from many specialized coverage options like dealer plates and loss-of-use coverage.
Mercury Insurance products are available in California, Arizona, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas, and Virginia. Based in Los Angeles, this company claims to be one of the largest private passenger automobile insurers in California. Through a network of local, independent agents, Mercury Insurance also offers homeowners, mechanical protection, and business insurance products, including commercial truck coverage.
To get a quote and apply for commercial truck coverage from Mercury Insurance, you should call (866) 589-1568 or search for an agent near you using the company’s website. Select the “Business Auto” category, enter your ZIP code, and you’ll receive a list of local agencies you can call directly. Alternatively, you can also submit a quote request online through the agent’s page. You’ll enter personal information and answer questions about your vehicles, who drives them, and other details. After you receive your quote, you can apply and enroll.
Customizable plans from Mercury Insurance are tailored to fit your commercial trucking coverage needs. Insurance is available for business autos in industries like service contracting, catering, construction, pest control, retail, wholesale, and, depending on the area, farming. You can insure flatbeds, stake trucks, box trucks, and refrigerator and utility trucks, as well as others. Standard protections include liability, collision, comprehensive, medical, and uninsured and underinsured motorist protection.
Which Commercial Truck Insurance Company is For You?
As with any business insurance policy, the kind of coverage you need, and the best business insurance company for you, will depend on a multitude of unique factors.
While we’ve pointed out companies that we believe are worthy of your consideration, your business will ultimately need to determine for itself, in combination with its other policies, which commercial trucking insurance plan is right for you.
Be sure to consult directly with agents and review multiple quotes and coverage plans from several companies to decide on the right solution for your organization.
*While we make every effort to keep our site updated, please be aware that “timely” information on this page, such as quote estimates, or pertinent details about companies, may only be accurate as of its last edit day. Huntley Wealth & Insurance Services and its representatives do not give legal or tax advice. Please consult your own legal or tax adviser.