Best Commercial Truck Insurance of 2024
Pros:
Coverage for a wide variety of trucks and trucking companies
Free state/federal insurance filings
Does business in all 50 states
Cons:
Limits to travel radius may apply
Cannot purchase policy online; must work with agent
Progressive is one of the largest insurers of commercial trucking in the U.S., offering coverage for a range of vehicles and businesses, from tractor rigs and flatbeds to pickups and dump trucks. The insurer also offers specialized optional coverage, such as garagekeeper’s legal liability for tow truck operators, as well as more common add-ons like heavy truck roadside assistance. Additionally, Progressive says it will file any and all required state and federal proof-of-insurance certificates on behalf of policyholders free of charge. Progressive also boasts that it is the only insurer with a fully in-house team of claims adjusters. All of these factors are why we’ve named Progressive the best commercial truck insurer overall.
There are some potential drawbacks with Progressive, however. The company doesn’t offer primary liability insurance in Alaska, Hawaii, Louisiana, or New York to owner-operator “super regional” truckers, who cover a radius of more than 500 miles. And although Progressive’s website offers much more detail about its policy offerings than many competitors, you’ll still have to work with an agent in order to complete the quote process and purchase coverage.
Pros:
Coverage for a wide variety of trucks and trucking companies
Free state/federal insurance filings
Does business in all 50 states
Cons:
Limits to travel radius may apply
Cannot purchase policy online; must work with agent
Progressive is one of the largest insurers of commercial trucking in the U.S., offering coverage for a range of vehicles and businesses, from tractor rigs and flatbeds to pickups and dump trucks. The insurer also offers specialized optional coverage, such as garagekeeper’s legal liability for tow truck operators, as well as more common add-ons like heavy truck roadside assistance. Additionally, Progressive says it will file any and all required state and federal proof-of-insurance certificates on behalf of policyholders free of charge. Progressive also boasts that it is the only insurer with a fully in-house team of claims adjusters. All of these factors are why we’ve named Progressive the best commercial truck insurer overall.
There are some potential drawbacks with Progressive, however. The company doesn’t offer primary liability insurance in Alaska, Hawaii, Louisiana, or New York to owner-operator “super regional” truckers, who cover a radius of more than 500 miles. And although Progressive’s website offers much more detail about its policy offerings than many competitors, you’ll still have to work with an agent in order to complete the quote process and purchase coverage.
Specs:
Coverage types:
- Liability (bodily injury/property damage)
- Uninsured/underinsured motorist
- Medical payments
- Collision
- Comprehensive
- Motor truck cargo
- Motor truck general liability
- Non-trucking liability
- Heavy truck roadside assistance
- Rental reimbursement with rental
- Trailer interchange
- Garagekeeper’s legal liability
- On-hook towing insurance
Coverage types:
- Liability (bodily injury/property damage)
- Uninsured/underinsured motorist
- Medical payments
- Collision
- Comprehensive
- Motor truck cargo
- Motor truck general liability
- Non-trucking liability
- Heavy truck roadside assistance
- Rental reimbursement with rental
- Trailer interchange
- Garagekeeper’s legal liability
- On-hook towing insurance
Pros:
Specializes in commercial car and truck insurance
Nationwide availability
Cons:
Limited information about coverage available on insurer website
No option to purchase policy online
Unlike some companies Sentry only offers commercial insurance, and it specializes in trucking coverage. The company says it works with agents nationwide that only cater to truckers, and all of its in-house claim adjusters are trucking specialists, according to the insurer’s website. That kind of expertise could be a real plus for customers who prefer to work with a representative. But people who prefer an online approach may find that the Sentry website isn’t as detailed as those of some competitors.
Pros:
Specializes in commercial car and truck insurance
Nationwide availability
Cons:
Limited information about coverage available on insurer website
No option to purchase policy online
Unlike some companies Sentry only offers commercial insurance, and it specializes in trucking coverage. The company says it works with agents nationwide that only cater to truckers, and all of its in-house claim adjusters are trucking specialists, according to the insurer’s website. That kind of expertise could be a real plus for customers who prefer to work with a representative. But people who prefer an online approach may find that the Sentry website isn’t as detailed as those of some competitors.
Specs:
Coverage types:
- Motor carrier insurance (rented vehicles, bodily injury/physical damage, loss-of-use expenses due to theft)
- Physical damage insurance (collision, comprehensive, named perils)
- Motor truck cargo insurance
- Non-trucking liability (use for non-business purposes)
- General liability (medical expenses, legal expenses, physical damage)
Coverage types:
- Motor carrier insurance (rented vehicles, bodily injury/physical damage, loss-of-use expenses due to theft)
- Physical damage insurance (collision, comprehensive, named perils)
- Motor truck cargo insurance
- Non-trucking liability (use for non-business purposes)
- General liability (medical expenses, legal expenses, physical damage)
Pros:
Quotes available online or through an agent
Works with multiple insurers to find cheapest coverage
Covers a wide range of trucks and drivers in multiple industries
Cons:
Not an insurance company; does not underwrite the policies it offers
May not be able to buy coverage online
CoverWallet isn’t an insurance company, it’s a digital insurance brokerage that works with 10 third-party insurers to find customers the best policy for their particular needs. Insurers represented include Hiscox, Chubb, Travelers, and Progressive, all of which are included in our rating of the best small business insurance companies. CoverWallet could be a good option for owner-operators because the insurers represented offer a number of specialized coverages, such as hot shot truck insurance (for freelance drivers who haul loads on short-notice basis) as well as traditional owner-operator insurance.
Unlike other companies, you may be able to get a quote online and purchase coverage without having to speak to an agent, though some companies may require working with a representative in order to complete the transaction. Also, some customers may prefer working directly with an insurance company, rather than going through an intermediary like CoverWallet.
Specs:
Coverage types:
- Box Truck
- Bobtail
- Hot Shot Truck
- Motor Truck Cargo
- Refrigerated Truck
- Semi Truck
- Car Hauler
- Dump Truck
- Flatbed Truck
- General Liability for Truckers
- Owner Operator Insurance
- Log Truck
- Non-Trucking Liability
- Trailer Interchange
- Commercial Trailer
- Truck Driver
- Long Haul Trucking
Commercial Truck Insurance
At U.S. News 360 Reviews, our editors consulted a number of expert sources to conduct this review. We narrowed down our selection with additional research, paying particular attention to policy ad-ons, discounts, and offerings for a variety of people and businesses from large fleets to individual owner-operators and for-hire drivers. We also took the company’s financial strength into account. Overall, we found that the best policy is one that combines affordability with sufficient protection for your needs, whether you drive for a ride-sharing service or own a cross-country shipping line.
WHY SHOULD YOU TRUST US?
Our contributors and editors have years of experience researching, testing, and reviewing products. Scott Nyerges, the author of this piece and a senior editor for 360 Reviews, has more than a decade of consumer news and product review experience in insurance, health and fitness, shopping, travel, and food. He has worked for Consumer Reports, ThoughtCo, and ConsumerSearch