The 4 Best Commercial Auto Insurance Providers
Although just about every business insurance company out there offers commercial auto policies, not all providers are created equal. The best commercial auto insurers offer comprehensive coverage for all kinds of business vehicles, from small passenger cars to huge trucks. These insurers offer many special policy options, including coverage for trailers, for customer vehicles in your care, for vehicles owned by your employees but used for some business activities, and for vehicles you rent or borrow for business use. The best insurers also deliver expertise in the federal and state regulations that govern certain types of commercial vehicles, ensuring you get the coverage you need to meet all legal requirements in your area.
Progressive offers full-featured commercial auto policies for virtually every type of road-worthy vehicle out there. From buses to street sweepers and front loaders to bucket trucks, Progressive has the policies and coverage options you need to keep your business on the road. The company also delivers a full selection of discounts to help you keep your costs down. If you have a general liability policy or a business owner’s policy from any insurer, you’re eligible for up to 15% in savings on your Progressive commercial auto policy. Save up to 5% more on your policy premium if your business is at least three years old. If you pay your full policy premium in advance you earn up to 15% additional savings. Progressive serves businesses of all kinds in cities and towns across the country, ranking as the second-largest commercial auto insurer by market share. Note that Progressive does not write general liability and business owner’s policies so, if you’re looking for an all-in-one solution to your business insurance needs, you’ll have to consider other companies.
Nationwide Insurance is a terrific all-around choice for your business insurance needs. The company offers comprehensive, customized policies for many different kinds of common business vehicles, from passenger vans to delivery trucks. If you operate a specialized service vehicle or transport vehicle, like a tow truck or box truck, for example, contact a Nationwide agent to learn more about the coverage options in your state. Most Progressive commercial auto policies include essential policy options like non-owned auto liability endorsements and coverage for rented and borrowed vehicles. Nationwide Insurance also ranks among the very best general business liability and property insurers in the country, offering a comprehensive selection of business insurance options to help you protect all aspects of your business from top to bottom.
GEICO offers comprehensive commercial auto insurance options for all kinds of business vehicles, from passenger cars to tractor trailers. All standard commercial auto coverage options are available in addition to add-on liability endorsements and specialty coverages required for certain types of businesses in certain jurisdictions. As a GEICO policyholder, you get access to top-notch customer support and convenient online account tools around the clock. Much like Progressive, GEICO does not write general business liability or property insurance policies. Rather, GEICO partners with Hiscox Insurance to help you get the all-around coverage you need to protect all aspects of your business.
Although available in only 11 Eastern and Midwestern states and Washington, D.C., Erie Insurance is a quality alternative for comprehensive commercial auto coverage. Get a personalized policy to cover a single business car or a fleet of service trucks, including policy options for non-owned autos, hired vehicles, and certain types of trailers. All Erie commercial auto policies include the company’s Xtra Protection features, which cover lost earnings, lawyer fees, and other expenses associated with a vehicle accident. Erie Insurance operates in Illinois, Indiana, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wisconsin, as well as Washington, D.C.