The Best Commercial Truck Insurance Companies for 2026

Commercial truck insurance is coverage that protects trucking businesses, businesses that use trucks, or independent truck drivers. This guide will cover all of the information business owners and contractors should know when buying commercial truck insurance. More specifically, this guide will review how commercial truck insurance works, how much it costs, different coverage options, requirements for businesses, how to get a truck insurance quote, and the top insurance providers.

Before diving into the details, here is a preview of our top picks. Instead of providing a list of the top 10 commercial truck insurance companies, we’ve boiled our research down to the three best providers to choose from:

Best Commercial Truck Insurance

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Understanding Commercial Truck Insurance

Commercial truck insurance is a significant investment for business owners. Before signing up for a policy, it is important to understand the coverage that your business needs and to adhere to federal and state laws. This guide will first provide an overview of commercial truck insurance, including the types of coverage, costs, and legal requirements. Then we’ll review how to evaluate different providers and share some recommendations for top insurance companies that cover commercial trucks.

What Is Commercial Truck Insurance?

Commercial truck insurance refers to a series of auto insurance policies used by trucking businesses, companies that use trucks, or independent truck drivers. The purpose of this insurance is to provide financial and legal protection from bodily injury and property damage, as well as to provide coverage for specialized cargo and trucking equipment.

As a specialized subset of commercial auto insurance, commercial truck insurance is designed for heavy-duty vehicles and those used for for-hire hauling. While standard commercial auto insurance covers a broad range of service vehicles like vans and passenger cars, trucking-specific policies are necessary for vehicles that transport goods for a fee or exceed weight thresholds that require federal and state regulatory filings. These policies take into account the specific cargo being transported as well as the vehicle’s size and weight class. Coverage is available for various types of commercial vehicles, including tow trucks, cement mixers, tractors, and pickups used for professional hauling.

How Does Commercial Truck Insurance Work?

Commercial truck insurance falls under the broader category of commercial auto insurance. However, commercial trucking insurance is specifically used by truck drivers and businesses that use trucks.

Truck insurance is purchased to cover specific vehicles, and the owner of those vehicles most often purchases it. The insurance also only applies when individuals listed on the insurance policy use the vehicle for business purposes. The individuals listed on the policy will also determine the cost of the policy, as their driving record is an important factor for determining monthly premiums.

The types of businesses and individuals that buy commercial truck insurance usually fall into the following categories:

• For-hire Carriers – These are trucking companies that provide transportation services to the public or specific clients for a fee. They are responsible for maintaining their own operating authority and insuring their fleet.
• Owner-operators – These are individuals who own and operate their own trucking business. Most own their own vehicles, but some enter into “lease-purchase” agreements to lease a vehicle from a motor carrier. In these lease scenarios, the carrier typically provides the primary liability insurance while the driver is responsible for non-trucking liability and physical damage.
• Private Carriers – These are businesses that use their own commercial vehicles to transport their own goods or equipment in support of their primary business (e.g., a furniture manufacturer delivering its own products or a construction company moving heavy machinery). They do not haul freight for outside customers for compensation.

Any of these businesses can purchase commercial truck insurance. Coverage is available for a single box truck or for an entire fleet of semi-trucks. When choosing a policy, the owner must work with an insurance company to define these factors:

• Coverage – defines which damage, incidents, and expenses will be covered
• Monthly Premium – the amount of money that the policyholder must pay to retain the policy
• Deductible – the amount of money a covered company must pay toward their claim before coverage kicks in
• Policy Limit – the defined maximum that the insurer is required to pay toward claims filed on the policy

The policyholder pays a monthly premium for the coverage specified in the policy agreement. Under the terms of the agreement, the insurance company will pay for damages, repairs, and medical or legal expenses associated with a covered incident. Usually, an incident is only covered when the vehicle is listed on the policy, the driver is listed on the policy, and the incident occurs during business operation.

In the event of an incident, such as a collision, the policyholder must contact the insurance company to “file a claim,” usually within a few days. If the incident is covered under the policy, the policyholder will be responsible for all expenses incurred up to the deductible. The insurer will pay for any expenses beyond the deductible and up to the policy limit.

Insurance companies differ in how they handle expenses after an accident. Many have a network of pre-approved repair shops that policyholders must use to assess damages and fix the truck. From there, the insurance company would pay the shop in full and bill you for your portion based on the deductible. Other insurance companies might ask you to shop around for price estimates from different auto repair shops or even send their own representative to estimate the cost of repair. Keep in mind that some insurers might work on a reimbursement model, in which the policyholder will need to pay all expenses for repair up front and then be reimbursed by the insurance company for costs that exceed the deductible.

The best policy for you will depend on the level of risk of an incident, the type of policy limit you will need, and your business’s cash flow.

Requirements for Business Owners and Contractors

Businesses that operate commercial trucks between states are subject to federal laws regarding insurance. The Federal Motor Carrier Safety Administration (FMCSA) requires that commercial truck drivers carry a minimum amount of insurance coverage in the event of an accident. More specifically, Title 49, Section 387 of the United States Code of Federal Regulations lists the coverage required for a commercial truck driver based on the truck’s weight and cargo. Generally, the heavier the truck and the more dangerous the cargo, the higher the insurance requirements. This table summarizes the federal minimum liability requirement for trucks based on the different types of cargo being transported:

Commercial Truck Insurance Requirements

Type of Freight	Minimum Liability Coverage
Non-hazardous freight (in vehicles under 10,001 lbs.)	$300,000
Non-hazardous freight (in vehicles over 10,001 lbs.)	$750,000
Oil (transported by for-hire and private carriers)	$1,000,000
Hazardous material or explosives (transported by for-hire and private carriers)	$5,000,000

Motor carriers transporting household goods must also maintain cargo insurance of $5,000 per vehicle and $10,000 per occurrence. Furthermore, the policyholder’s insurance provider must file proof of insurance electronically with the FMCSA before a motor carrier (MC) number can be officially granted and activated, which permits the business to transport cargo between states.

Commercial trucks, such as semi-trucks, that transport cargo between states are subject to coverage minimums under federal law, while those that remain within state lines are subject to coverage minimums under state law. As with federal laws, the amount of liability coverage that states require will usually depend on the size of the vehicle and the type of cargo it is transporting.

In New York and California, the liability coverage minimums for intrastate commercial trucks generally align with federal guidelines for general freight and hazardous materials in vehicles over 10,000 pounds. However, there are exceptions; for instance, California requires a minimum liability limit of $600,000 for intrastate household goods carriers, compared to the $750,000 federal requirement, and New York uses different weight-based tiers for movers. Some states, like Texas, also have a lower coverage minimum for intrastate general freight ($500,000 rather than $750,000).

Many states have their own insurance filings, as well. For example, in California, commercial trucks usually require a Motor Carrier Permit and must submit an MCP-65 filing to confirm that they have the required liability insurance. Furthermore, household goods carriers in California require cargo insurance of at least $20,000 per shipment.

Similarly, business owners who operate tow trucks in Texas must submit a certificate of insurance to the Texas Department of Licensing and Regulation (TDLR) to prove they meet state liability minimums. In Florida, drivers convicted of a DUI may be required to maintain an FR 44 certificate on their personal auto policy to reinstate their driving privileges, though this is a personal licensing requirement separate from the truck’s commercial policy.

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RELATED GUIDES

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What Does Commercial Truck Insurance Cover?

This guide references the term “covered incident.” So what constitutes a “covered incident” under commercial truck insurance? That typically depends on the people covered under the policy, the people involved in an incident, the type of truck, and the nature of the incident.

Who Is Covered Under a Policy?

Even though commercial truck insurance is purchased by the business owner, it covers expenses for drivers who are named in the policy, their passengers, and individuals who were harmed in a trucking accident. Here’s a look at who is protected under the different types of coverage that typically comprise commercial truck insurance.

Types of Trucks Covered

Almost any truck can be covered under a commercial truck insurance policy, but different insurance providers may only cover certain types of trucks. In addition, some “trucks” may actually be covered under a standard commercial auto insurance policy if they are not used “as a truck” or in ways that this type of coverage is intended. Here is an overview of the different types of trucks that tend to be covered under commercial truck insurance.

Pickup Trucks

Depending on its use, pickup trucks might be insured under a personal auto policy or a commercial truck policy. Construction contractors, landscapers, or any other worker who uses a pickup truck for business purposes will likely need commercial truck insurance that includes liability coverage, physical damage coverage, and uninsured or underinsured motorist coverage. For individuals who use a pickup truck as a primary personal vehicle without a business, then a personal auto policy is sufficient.

Cement Mixers

Cement mixers are vehicles that transport concrete to and from construction sites. These trucks are known for their constantly revolving drum, which holds the concrete and keeps it in liquid form. Cement mixers tend to be at high risk for incidents because they have a high center of gravity, making them more likely to tip over. The increased risk is reflected in higher coverage costs. Cement mixers should have coverage for liability, physical damage, medical payments, and uninsured or underinsured motorists.

Tow Trucks

Tow trucks are vehicles that transport other vehicles or watercraft from one place to another. Tow trucks should have liability and physical damage coverage. Tow trucks would also benefit from on-hook towing insurance, which covers expenses for repairs for the vehicles that are being towed. Some insurance providers will offer specific policies for towing companies.

Box Trucks

Box trucks, or straight trucks, are used to transport large items such as furniture. These vehicles are easily identified by their rectangular (“boxlike”) cargo hold and are typically 10 to 26 feet long. Depending on the chassis and intended use, they can weigh anywhere from 8,600 pounds (light-duty) to 33,000 pounds (heavy-duty).

In addition to primary liability and physical damage coverage, box trucks used for hire should also have motor truck cargo coverage to protect the goods themselves. Owner-operators with a permanent lease to a motor carrier may also require non-trucking liability coverage, which provides liability protection when the vehicle is driven for personal, non-business purposes.

Dump Trucks

Dump trucks are vehicles that transport loose material, such as sand and gravel, to construction sites. In addition to primary liability and physical damage coverage, dump trucks should also consider policies for non-trucking liability, motor truck cargo, and rental reimbursement/downtime.

Tractors & Semi-trucks

While most of the other vehicles on this list are units used for transporting cargo, in a commercial trucking context, a “tractor” refers specifically to the power unit that pulls a trailer. Agricultural tractors are typically covered under farmowners insurance, but for commercial motor carriers, the tractor is one of the most vital pieces of equipment to insure.

The tractor unit (often called a semi-truck or 18-wheeler) connects to a semi-trailer to haul freight. Aside from primary liability and physical damage coverage, business owners who operate tractors should also consider specialized coverage for motor truck cargo and trailer interchange.

Other Trucks

In addition to the previously mentioned vehicles, there are several other types of commercial trucks that should be insured. These include:

Types of Coverage

The different types of trucks and their applications require different types of coverage. For this reason, policies are typically structured using a variety of coverage options combined into one single policy that provides all the protection that the business or individual needs. Below is a list of the different coverage options.

Primary Liability

Primary liability policies are often provided as a combined single limit (CSL), which includes both bodily injury and property damages. Suppose a driver covered under the policy causes an accident. If the driver damages another person’s car or causes an injury during the incident, the insurance will cover the cost of the injured party’s repairs in addition to their medical expenses. However, the driver and the truck that caused the accident are not covered. This is why motor carriers also opt for medical payments coverage and physical damage coverage.

Physical Damage

While primary liability covers the cost of injury or damages to other parties, physical damage coverage pays for the costs of damage to the policyholder’s vehicles involved in an accident. Physical damage coverage encompasses both collision coverage (damage from a crash) and comprehensive coverage (non-collision losses or damage, such as theft or vandalism).

Uninsured/Underinsured Motorists

Commercial trucks are often the largest vehicles on the road. If one of your trucks gets into an accident caused by another driver, there’s a possibility that the at-fault driver does not have sufficient coverage to pay for your injuries and property damage. Uninsured/underinsured motorists coverage will cover the costs instead.

Medical Payments

Since private liability insurance only covers bodily injuries for other individuals involved in an accident in which your truck is at fault, it is also beneficial to obtain medical payments coverage, which covers medical bills for you and your passengers who may have also been injured.

Motor Truck Cargo Coverage

Motor truck cargo coverage insures the freight that a for-hire trucker transports from one place to another in the event of an incident such as a fire or collision. Truckers are legally responsible for insuring their cargo while it is in transit until it is signed for at its destination.

Only for-hire truckers who drive semis, dump trucks, tractors, trailers, box trucks, cement mixers, cargo vans, dually pick-ups, flatbeds, and car haulers are eligible for motor truck cargo coverage. Other trucking vehicles that are not eligible include garbage trucks, passenger vans, and ice cream trucks. In addition, not all types of cargo are eligible for insurance. These include art, jewelry, pharmaceuticals, tobacco, alcohol, live animals, and explosives, which would require separate coverage.

General Liability

While primary liability coverage covers injuries or damages that occur while driving the truck, motor truck general liability coverage covers injuries or property damage that a for-hire trucker or motor carrier causes that are not directly related to driving the truck. Specifically, motor truck general liability covers the following:

• Bodily Injury and Property Damage Liability – provides liability protection when a covered incident causes physical injuries to an individual or property, such as if a customer is injured in a slip-and-fall at the truck depot
• Personal Injury and Advertising Injury Liability – covers non-physical injury to a person or entity that resulted from the motor carrier’s negligence
• Medical Payments – provides payments for medical costs associated with a covered incident that causes physical injuries or death to an individual
• Products / Completed Operations – covers bodily injury or property damage that results from erroneously delivering another person’s goods
• Damage to Premises Rented to You – temporarily covers damage to premises that the motor carrier rents for seven or fewer consecutive days

This coverage can typically only be purchased in conjunction with primary liability coverage. Depending on the insurance provider, there may be restrictions on the operating radius or the types of business activities allowed. For example, some insurers may limit coverage to a 500-mile radius or restrict eligibility to businesses that focus exclusively on for-hire trucking. The following vehicles are also commonly ineligible for motor truck general liability:

• Garbage trucks
• Cement trucks
• Limos
• Hearses
• Buses
• Passenger vans
• Ice cream trucks

Non-Trucking Liability

Owner-operators with a permanent lease to a motor carrier should consider purchasing non-trucking liability (NTL) coverage in order to be insured if using the truck for a non-business purpose. For example, NTL coverage would pay for third-party medical bills and property damage if you are found at fault for an accident while driving the truck for personal reasons, such as grocery shopping.

NTL does not cover any activities that might fall under “business use,” such as hauling cargo, filling the gas tank, driving for maintenance, and washing the truck. These activities would be covered by the motor carrier’s primary liability coverage.

Rental Reimbursement with Downtime

Business owners who purchase rental reimbursement with downtime coverage are eligible to use a rental truck or receive financial compensation if their commercial truck cannot be used for business purposes after an accident. This is especially important to ensure that the trucking business still receives a steady income if a truck is temporarily out of commission.

When selecting rental reimbursement with downtime coverage, the policy limit you choose determines how much money the insurer will pay per day in the event that the truck is damaged. The insured will receive reimbursement for a maximum of 30 days to cover the cost of a rental truck. Some insurers like Progressive will also assist in finding an adequate rental truck as a temporary replacement.

While many insurance companies offer rental reimbursement with downtime insurance as one coverage option, other insurers offer these as two separate components. When offered separately, rental reimbursement pays for the cost of a rental truck, while downtime coverage pays for lost income if a rental truck is unavailable.

Eligibility for rental reimbursement with downtime coverage varies by insurer. Many providers require the vehicle to meet certain weight or body type criteria to qualify. For example, some common eligible vehicles include:

• Dually Pickups
• Flatbed Trucks
• Refrigerated Trucks
• Stake Trucks
• Tank Trucks
• Dump Trucks
• Front Loaders
• Roll On Vehicles
• Straight Trucks
• Tractors

Trailer Interchange

Sometimes, motor carriers haul trailers that belong to other companies under “a trailer interchange agreement.” A trailer interchange agreement is a contract that arranges the transfer of a trailer from one trucker to another to complete a shipment. Typically, the trucker in possession of the trailer is responsible for paying any damages incurred while they have the trailer. Since borrowed trailers are not covered under the motor carrier’s own physical damage insurance, they, therefore, require supplemental trailer interchange coverage to cover any physical damage due to incidents like collision, fire, theft, explosion, or vandalism.

Only tractors/semi-trucks and pickups are eligible for this coverage, and all motor carriers must also purchase primary liability coverage. Note that the availability of trailer interchange coverage can vary by state and carrier; some insurers may not offer this specific endorsement in certain states, such as Virginia, and may instead suggest an additional insurance rider to protect non-owned trailers.

What Doesn’t Commercial Truck Insurance Cover?

In addition to listing what’s covered, commercial truck insurance policies will also list exclusions. Exclusions might refer to certain types of incidents or certain types of cargo. Many exclusions for commercial truck insurance are similar to what is excluded in commercial auto policies. These include:

Intentional Damages

Insurance companies will not cover damages or injuries that result from intentional harm to another person or property. Causing intentional harm to deceive the insurance company into paying for damages constitutes insurance fraud, which can lead to financial and criminal penalties.

Property of Others

Many commercial truck insurance policies include a ‘Care, Custody, or Control’ exclusion. This means the policy will not cover damages to property, personal items, or automobiles belonging to others while that property is in your possession or under your supervision. While your liability insurance covers damage you cause to others’ property in an accident, it generally excludes the specific goods or vehicles you are being paid to transport. If your company regularly transports property or automobiles belonging to others, there are additional coverage options, such as Motor Truck Cargo insurance, you can explore.

Damages Exceeding Policy Limits

Every policy will have a maximum limit that the insurance company will pay toward claims. Any additional damages beyond the coverage limit will not be covered. Business owners may wish to add an excess liability (or umbrella) policy to extend coverage limits.

Certain Types of Cargo

Furthermore, certain types of cargo are excluded from commercial truck insurance policies. These include valuables such as money and jewelry; high-risk or restricted commodities such as alcohol, tobacco, and pharmaceuticals; contraband; live animals; property in another carrier’s possession; and explosive materials. In some cases, additional coverage options, such as Hazmat Insurance and Livestock Cargo Insurance, are available to insure these types of cargo.

Sample Policy

To get a better idea of what is included and excluded from a commercial truck insurance policy, request a sample policy from the insurance company. To see what a policy form might look like, here’s a sample Motor Carrier Coverage Form from National General. You may wish to request several samples for different types of coverage (such as primary liability and motor truck cargo coverage) to ensure that all your bases are covered.

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Commercial Truck Insurance Costs

The “cost” of an insurance policy typically refers to the annual premium, although business owners frequently pay this total through monthly installments. Higher policy limits correlate with more expensive premiums. Costs for commercial truck insurance vary significantly depending on factors such as the driving record and experience of the operators, operating radius, the type and size of the truck (e.g. semi-truck, box truck, cement mixer, etc.), deductible, type of cargo, and location.

How Much Does Commercial Truck Insurance Cost?

Commercial truck insurance costs between $3,000 to $32,000 per vehicle per year, depending on the type of truck and whether owner-operators are named under a lease or their own authority.

Progressive’s published data indicates the national average monthly cost for for-hire truck policies is $746 for specialty truckers and $954 for transport truckers. However, 2026 market benchmarks for Progressive policies typically range from $12,000 to $22,000 or more per year. For owner-operators with a permanent lease to a motor carrier, the carrier usually covers the primary insurance, meaning the owner-operator pays less out of pocket—often between $3,000 and $5,000 annually. Conversely, owner-operators under their own authority are responsible for all insurance for their trucks and drivers, which significantly increases costs. Depending on the cargo, radius, and experience, these annual costs typically range from $14,000 to $32,000.

Coming into 2026, aggressive price hikes seen in previous years have moderated, with commercial rate increases slowing to the low-single digits. Latest Consumer Price Index Data from the Bureau of Labor Statistics confirms this stabilization, showing that motor vehicle insurance rates increased by just 0.2% year-over-year as of April 2026.

Factors That Affect the Cost of Commercial Truck Insurance Policies

There are several factors that determine how much commercial truck insurance will cost. Some can be adjusted by the business owner to reduce the amount of coverage required, while others are an integral part of conducting business and cannot be changed. Below are some of the most influential factors affecting coverage:

Types of Vehicles Covered

Heavier vehicles generally incur higher insurance costs because of their increased risk of causing significant damage in an accident. In addition, newer vehicles are usually more expensive to insure because they would be more expensive to repair or replace in the event of an accident. The greater the number of vehicles in the fleet, the more the policy will cost.

Location and Operating Radius

If drivers are traveling long distances (such as throughout a region or between states, rather than locally), the insurance cost is likely to be higher. Truckers with a larger operating radius face increased risks because they spend more time on the road, leading to higher total mileage, less familiar routes, and a greater likelihood of fatigue-related incidents. In addition, individual states have vastly different commercial truck insurance rates. By 2026, these costs are driven largely by a state’s litigation environment, where frequent ‘nuclear verdicts’ (jury awards exceeding $10 million) lead to significantly higher premiums for drivers registered in those jurisdictions.

Vehicle Storage

Where you park your trucks when they are not in use can affect insurance premiums. The more secure the area, the lower the insurance cost. For example, commercial trucks that are parked in a garage or closed yard will incur lower rates than trucks parked in public areas or open lots.

Cargo

Different types of cargo carry different levels of risk. Heavier or more dangerous cargo would likely cause more damage in an accident than lighter cargo, so the price of the insurance policy will reflect that risk. Note that some types of cargo, such as explosives, pharmaceuticals, and livestock, are standard exclusions in most motor truck cargo policies and require specialized endorsements or separate coverage. Furthermore, transporting high-risk materials like explosives often requires much higher liability limits—frequently up to $5 million—to comply with federal regulations, which will significantly increase the overall policy cost.

Driving History

As with personal auto insurance, driving history has a significant impact on how much a business owner pays in commercial truck insurance premiums. However, because the stakes are higher with larger vehicles, a driver with a history of violations or accidents will have significantly higher insurance costs. In 2026, insurers also rely heavily on real-time telematics and ELD data, such as hard braking and speeding patterns, to adjust premiums. Business owners managing a fleet should look closely at both MVRs and Safety Measurement System (SMS) scores during the hiring process and may wish to invest in telematics-based safety programs to secure more competitive rates.

Amount of Coverage and Deductible

Not surprisingly, the more coverage required, the higher the monthly cost. This is particularly relevant in 2026 as the FMCSA has proposed increasing federal minimum liability limits from $750,000 to $2 million or more. Choosing a higher deductible for physical damage or cargo coverage is one way to lower the cost of monthly premiums. However, this option is not without its financial risks. Having a high deductible means that in the event of damage to your own equipment or freight, the company is responsible for paying more out of pocket before the insurance coverage applies. Note that most primary liability policies, which cover damage you cause to others, do not carry a deductible.

How to Find Cheap Commercial Truck Insurance

Commercial truck insurance is extremely important and should not be skimped. However, there are still ways to save on insurance and find cost-effective coverage that works. Saving a few hundred or a few thousand dollars a month in insurance means that money can be used on other parts of the business. The main ways to save on commercial truck insurance are to find discounts or choose a policy with less coverage.

Multiple Price Quotes

Usually, a business can find similar coverage from different providers. This makes getting quotes from multiple truck insurance providers a worthwhile exercise. If your business needs only the required level of protection, most commercial truck insurance companies can provide the coverage you need. While some make it easier than others, all insurance companies will give a quote to potential customers. If price is the primary consideration, shop around and request price quotes from multiple companies.

Discounts

Commercial Driver’s License (CDL) Discount

For-hire truck drivers who have had a Commercial Driver’s License (CDL) for at least two years can receive a discount on their liability coverage.

Business Experience Discount

Owner-operators who have been in business for more than three years can receive a business experience discount.

Prior Insurance Savings

With some insurance companies, policyholders who have maintained continuous insurance coverage for the last 12 months can receive a discount on the next year’s insurance.

Paid in Full Discount

Some insurance companies will offer a discount to policyholders who pay their premium in a lump sum at the beginning of coverage. For example, Progressive customers can save 13% or more with this discount.

Higher Deductibles

A high deductible policy will result in lower monthly premiums but also carries a higher risk of paying a lot of money out of pocket in the event of an accident. Business owners may wish to consider a policy with a higher deductible if the drivers have a clean driving record, the cargo transported is relatively low-risk, and the business could cover the full amount of the deductible in the event of an accident.

Lower Coverage Limits

The policy limit is a factor in how much commercial truck insurance costs. Policies with lower coverage limits will incur lower monthly premiums. Business owners should consider how much coverage they will actually need—rather than automatically choosing the high policy limit offered.

Less Coverage

More coverage results in higher monthly costs, and less coverage results in lower monthly costs. For example, business owners may not need specialized insurance for cargo or may not need rental reimbursement because there are many trucks in the fleet. Sticking with the bare bones of state or federal requirements without any add-ons can save money, too.

The Cheapest States for Commercial Truck Insurance

Though you probably won’t relocate for a lower commercial truck insurance premium, it is interesting to note which states have the lowest commercial truck insurance rates. Quotes from different insurance companies may vary, but based on recent industry-wide pricing data, the top 10 states with the lowest commercial truck insurance rates for interstate liability coverage are:

1. Mississippi
2. Wyoming
3. Nebraska
4. Iowa
5. Idaho
6. South Dakota
7. North Dakota
8. Wisconsin
9. Vermont
10. Montana

For trucks only being used locally (within state borders), the top 10 states with the lowest commercial truck insurance premiums as of 2026 are:

1. Mississippi
2. Arkansas
3. Iowa
4. Nebraska
5. North Dakota
6. Montana
7. Kansas
8. South Dakota
9. Arizona
10. Idaho

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Finding the Best Commercial Truck Insurance Company

Many companies offer commercial truck coverage, but making an apples-to-apples comparison can be tricky. That is why it can be helpful to enlist the help of a broker or agent. You can also do your own research online to find which provider would be best for you.

Where to Get a Quote: Broker vs. Agent vs. Online

Insurance brokers represent the interests of the policyholder and are well-versed in the specifics of various companies’ policies for commercial truck insurance. They help clients find the best insurance for their situation, though it is worth noting that the total cost might be higher due to broker fees. Using a broker can save business owners significant research time and result in the best coverage for the budget, which many clients believe is well worth the investment.

Insurance agents, by contrast, are representatives of insurance companies. They can be captive, representing a single insurer, or independent, representing multiple providers. Captive agents are a good choice if you have already narrowed your selection to one company, while independent agents can offer quotes from several different insurers to help you compare options before making a decision.

Individuals can also forgo the help of a broker or agent and purchase a policy online. In general, this option is best for those who are already familiar with insurance policies or who have conducted extensive research to determine the coverage that their trucking business requires. Business owners can usually sign up directly on an insurance company’s website, although some insurers will also confirm the purchase over the phone.

Comparing Commercial Truck Insurance Providers

Coverage Options

When choosing an insurance provider, the coverage options are one of the main factors to consider. While most insurance companies will likely offer basic general liability and property damage insurance, your business needs might require additional coverage, such as trailer interchange or non-trucking liability. In those cases, choosing a provider that offers all the types of coverage you need is vital. In addition, it helps to understand each company’s policy limits and terms of coverage so you can choose the best plan for you. Also, keep in mind that not all insurance companies offer the federal filings required for long-haul travel. Business owners with interstate operations must ensure their provider is authorized to make federal filings, such as the BMC-91X, which provides the necessary proof of financial responsibility to operate across all states where you conduct business.

To conduct independent research on different insurance coverage options, the best way to go is to read guides like this one to narrow down a list of your top options. Next, speak with a representative from each company.

Company Reputation

Once you’ve figured out which insurance companies offer your desired coverage, another thing to consider is the company’s reputation. A few trustworthy sources to consult for insurance companies’ reputations include J.D. Power and the Better Business Bureau (BBB).

Every year, J.D. Power publishes its U.S. Small Commercial Insurance Study, which compiles ratings from small business customers to give an overview of an insurer’s products, business practices, and customer satisfaction. Similarly, the Better Business Bureau provides customers with a public platform to share complaints and see how companies resolve issues. When evaluating providers, it is important to check these ratings individually, as even major national carriers can have varied rankings. Our recommended insurance providers are well-regarded in the industry and maintain strong financial standing, though customer satisfaction scores can fluctuate by year and region.

Financial Strength

Commercial truck insurance is designed to cover incidents that would otherwise result in high out-of-pocket costs. With larger and heavier vehicles, the economic damage from trucking incidents is more significant than with a personal vehicle or smaller commercial automobile. As a result, business owners should always evaluate an insurer’s financial strength since that will determine the insurer’s ability to pay expensive claims. If you want to research on your own, public insurance companies are required to make their financial documents publicly accessible. However, to make a direct comparison of different insurance companies, it helps to reference ratings from major credit rating agencies, most notably AM Best, which specializes in the insurance industry. While some larger national providers may also hold ratings from Moody’s or S&P, a strong rating from AM Best is the industry standard for verifying a carrier’s ability to pay expensive claims. The insurance providers that we recommend are well-regarded by these agencies.

Cost

As previously discussed, price quotes vary a lot based on factors such as driving history, location, and the types of trucks. J.D. Power’s insurance industry studies offer some perspective on customer satisfaction with policy pricing and product offerings. Still, these studies are somewhat limited because they evaluate satisfaction with a provider’s overall commercial portfolio rather than breaking down ratings for specialized trucking coverages like bobtail or cargo insurance. Because there is so much variation in how these specialized risks are priced, you will usually need to request a quote from each company to compare costs effectively.

Commercial Truck Insurance for New Drivers & Companies

It can be challenging for first-time truck insurance buyers to get a reasonable rate because insurers have no track record of safe driving to reference. Especially if the individual is young, the premiums can be much higher than for experienced drivers. New businesses may face similar challenges in finding affordable truck insurance.

For this reason, new drivers and companies should look for commercial truck insurance providers with already affordable rates, as well as numerous discounts that can lower the cost of the policy. Based on our research, the best commercial truck insurance company for new drivers and new authorities is Progressive, as it is one of the only major carriers that provides coverage for all vehicle types to operators without an established track record. Nationwide is a strong alternative for those with prior experience driving light or medium-duty trucks, but it generally does not cover tractor-trailers or drivers with less than two years of experience. Read detailed reviews of each company below.

Commercial Truck Insurance for High-Risk Drivers

Drivers with accidents or moving violations on their record may be deemed “high-risk” by insurance companies and, thus, find it challenging to find a fair, affordable rate for commercial truck insurance. Insurance companies can be especially restrictive toward drivers who have hit-and-run or driving-under-the-influence convictions on their record. Even if the history of “high-risk” driving track record is from years ago, it can still affect insurance rates today.

Drivers who might be considered high-risk should look for companies with generally low premiums. Furthermore, companies that offer discounts for things unrelated to driving history can help high-risk drivers save: multi-policy, up-front payment, and multi-vehicle or fleet discounts are all commonly available and are effective ways to reduce costs, though the final premium will still be heavily influenced by the driver’s history. Some companies will also give additional price breaks as the policyholder’s driving record improves over time or as they implement safety measures on their vehicles or processes.

With all this in mind, many experts consider Progressive to be the top choice for high-risk commercial truck drivers due to their broad acceptance of non-standard risks. While The Hartford offers excellent discounts and a focus on safety for established fleets, they have more restrictive underwriting and do not insure owner-operator semitrucks directly, making them better suited for lower-risk business operations. Notably, Progressive found its early success by focusing on the non-standard market, insuring high-risk drivers who had difficulty getting policies with other providers. That, along with their great pricing, discount options, and strong reputation, makes them a great choice for high-risk drivers. Read complete reviews of both The Hartford and Progressive below.

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Commercial Truck Insurance Company Reviews

Progressive Commercial Truck Insurance (Best Overall)

Progressive was founded in 1937 and is headquartered in Mayfield Village, Ohio. According to data from S&P, Progressive is consistently the largest commercial vehicle insurer in the U.S. With such a prominent presence in the commercial truck insurance market, it should be no surprise that Progressive is one of the best-regarded providers out there.

Progressive is well-regarded for commercial trucking insurance due to its breadth and depth of policy options. The company insures owner-operators, motor carriers, and private carriers in all 50 states. Progressive offers not only the primary liability insurance required by federal law but also trucking-specific coverage options such as motor truck cargo, motor truck general liability, non-trucking liability, rental reimbursement with downtime, on-hook towing, and trailer interchange. Their variety of policy options makes Progressive a one-stop shop for all commercial trucking insurance needs, regardless of your company’s size, location, or specialty.

As one of the largest auto insurers in the U.S., Progressive enjoys a strong national reputation. In J.D. Power’s 2025 U.S. Insurance Shopping Study, Progressive scored 645 out of 1,000 in overall customer satisfaction, which was below the study average of 667. Progressive currently has a B- rating with the Better Business Bureau and is not accredited. Their market share sits in the top spot for commercial auto, recently accounting for approximately 15.2% of the total market.

Progressive has received high marks across the board for financial strength. AM Best has given Progressive an A+ (Superior) rating, which is the second-highest rating on its scale, as of 2026. Similarly, Moody’s has rated Progressive with an Aa2 and S&P gave Progressive an AA, both of which indicate that the company has a very low credit risk and a strong capacity to meet financial requirements.

According to Progressive’s website, the national average monthly cost for a new commercial for-hire truck insurance policy (primary liability and physical damage) ranges from $746 for specialty truckers to $954 for other transportation truckers. For more specific information for your needs, Progressive makes it easy for businesses and drivers to get price quotes over the phone or online.

Progressive also offers a variety of discount programs, including a Business Experience Discount for businesses that have been around for more than three years, a Commercial Driver’s License (CDL) Discount, and the Smart Haul® Program for drivers who use an electronic logging device (ELD) and grant access to the truck’s driving data.

We highly recommend Progressive due to its combination of financial strength, variety of insurance options, and strong reputation. The discounts available also make Progressive a cost-effective choice for many business owners. Overall, these qualities make Progressive our top pick as the Best Commercial Truck Insurance Company.

The Hartford Commercial Truck Insurance (Best for High-Risk Drivers)

Founded in 1810 as a fire insurance company, The Hartford has since expanded its portfolio to include business, home, and auto insurance policies. Today, The Hartford is a Fortune 500 company with particularly strong offerings in commercial insurance, providing coverage to more than 1.5 million small businesses, including commercial truck and auto policies.

The Hartford has a strong selection of coverage options for commercial truck policies. In addition to typical coverages like liability, property, and uninsured and underinsured motorist coverage, The Hartford has a number of other coverages useful to commercial trucks. These include coverages for motor truck cargo, on-hook towing, trailer interchange, property in transit, livestock transit, and more. This means that The Hartford’s coverages can be customized to particular features of your business or industry that might require specialized insurance coverage for your vehicles.

With more than 200 years in business, The Hartford has an exceptional and longstanding reputation as an insurance provider. The Better Business Bureau currently gives The Hartford an A+ rating, however they are not accredited. The Hartford is often recognized as a top-performing national insurer for its digital experience and claims handling. In the J.D. Power 2026 U.S. Property Claims Satisfaction Study, the company ranked second with a score of 756, and it has been named the top digital small business insurer by Keynova for seven consecutive years. Together these factors indicate that The Hartford does well in serving its customers.

The Hartford performs well on measures of financial strength. The company maintains exceptional financial strength ratings, including an A+ from AM Best, an AA- from Standard & Poor’s, and an Aa3 from Moody’s. These high marks assure customers that The Hartford is well-positioned to meet its financial obligations and pay out claims.

The Hartford allows small business owners to obtain commercial insurance quotes online, often in as little as 10 minutes. While some specialized truck policies may require a final conversation with an agent to bind coverage, the initial quoting process can be started digitally. Once you reach out, you can work with an agent to identify the right coverages for your business and the vehicles you use and get a quote on cost.

One noteworthy feature of The Hartford’s coverage is its FleetAhead program, which uses devices installed in vehicles to report real-time data on driver safety and performance. This is beneficial both because it can help fleet managers improve the efficiency of their drivers and because The Hartford can use that data to more accurately gauge risk and potentially save policyholders money when they have safe drivers.

More so than some of its competitors, The Hartford offers an impressive variety of coverages that are specifically tailored to different types of businesses that might require commercial truck insurance. The customizability of its policies combined with an emphasis on improving safety make The Hartford our choice as Best Truck Insurance for High-Risk Drivers.

Great West Casualty Company (Best for Long-Haul Trucking Operations)

Founded in 1956, Great West Casualty Company has built its entire business around serving the trucking industry. The company is headquartered in South Sioux City, Nebraska, and is one of the few insurers in the U.S. that focuses almost exclusively on motor carriers. It offers both primary and excess liability coverage and works directly with trucking agents and fleet managers to customize insurance programs for long-haul and regional operations.

Great West offers a comprehensive set of coverages tailored to the needs of long-haul motor carriers. In addition to core policies, the company provides trucking-specific options including motor truck cargo, trailer interchange, hired and non-owned auto, downtime coverage, and occupational accident insurance. Flexible deductible and retention structures are also available for fleets that participate in loss-sensitive programs or maintain high self-insured retentions.

Policyholders also gain access to integrated safety services, such as driver training programs, DOT compliance resources, and risk control support. These services are designed to reduce claim frequency and can be used to inform underwriting over time.

Great West is well-regarded within the trucking industry, particularly among long-haul fleets and the agents who serve them. The company partners with experienced transportation specialists who understand the operational and regulatory needs of motor carriers. Its underwriting and claims teams focus exclusively on trucking, which allows for faster quoting, clearer policy design, and more responsive support.

Great West is not rated by J.D. Power, but it holds an A+ rating from the Better Business Bureau, and it receives few complaints through the NAIC. Its in-house adjusters work closely with policyholders and agents to handle claims efficiently and consistently—an important advantage for carriers managing high-value equipment and tight delivery schedules.

Great West Casualty Company is rated A+ by AM Best, A2 by Moody’s, and A+ by S&P. These ratings reflect the company’s strong financial position, conservative underwriting practices, and consistent ability to pay claims.

As a subsidiary of Old Republic International Corporation—one of the largest shareholder-owned insurance groups in the United States—Great West is supported by a financially stable parent company. According to Old Republic’s 2025 Annual Review, the group reported $29.86 billion in total assets as of December 31, 2025. This financial foundation reinforces Great West’s ability to serve the long-term insurance needs of established motor carriers operating across state lines.

Great West does not offer online quotes, and its policies are sold exclusively through independent agents. Pricing is highly customized and varies based on fleet size, operating radius, safety record, and coverage structure. Serving carriers of all sizes—including small and newly formed trucking businesses—Great West is known for offering competitive rates relative to the level of claims support, underwriting flexibility, and risk management services provided.

Great West Casualty Company is best for long-haul trucking operations that need more than just basic coverage. Its exclusive focus on the trucking industry, specialized in-house teams of in-house claims and underwriting staff, and strong financial position make it a reliable partner for motor carriers with complex, multistate operations. With specialized coverage options for both single-unit owner-operators and large-scale fleets, Great West remains a top choice for carriers seeking tailored risk management, responsive claims support, and long-term insurance stability.

Northland Insurance (Best for Small Fleets and For-Hire Carriers)

Northland Insurance, founded in 1948, is a long-established provider of commercial trucking insurance and operates as a wholly owned subsidiary of Travelers—the second largest U.S. commercial auto insurance company by marketshare. Unlike many generalist insurers, Northland focuses almost entirely on for-hire transportation, offering tailored coverage options and claims handling designed specifically for trucking businesses. The company has a strong presence in the long-haul segment and works through a dedicated network of agents who specialize in commercial motor carriers.

Northland offers a broad range of coverages tailored to trucking businesses. These include auto liability, physical damage, motor truck cargo, general liability, trailer interchange, and excess liability. Additional options such as non-trucking liability, uninsured/underinsured motorist, hired and non-owned auto, and personal injury protection are available depending on business needs.

Its policies are built around the operational realities of long-haul and regional trucking—making Northland a dependable choice for for-hire carriers transporting goods across state lines. Coverage is available in most states, with policies written and managed by agents experienced in transportation insurance.

Northland does not appear in mainstream customer satisfaction surveys, but it holds a strong reputation within the commercial trucking sector. Its claims services are staffed by adjusters who handle only transportation claims, and the company offers 24/7 support for time-sensitive events. Many independent agents consider Northland a go-to market for trucking accounts that require dependable underwriting and service.

Northland carries an A+ rating from the Better Business Bureau (though it is not accredited) and maintains a low complaint volume with the NAIC, consistent with its industry reputation for reliability.

Northland is a wholly owned subsidiary of Travelers Companies, Inc., one of the top commercial insurance groups in the U.S. Northland Insurance Company receives strong financial ratings, including an A++ (Superior) from A.M. Best and an AA from Fitch Ratings. Its parent company, Travelers, also maintains a stable AA rating from Standard & Poor’s and an Aa2 rating from Moody’s.

These ratings affirm Northland’s ability to meet high-limit claims obligations—an important consideration for trucking businesses operating across state lines or under federally mandated insurance requirements.

Northland does not offer online quotes. Pricing is issued through appointed agents based on underwriting variables such as cargo type, fleet size, driver history, and geographic territory. While pricing is not always the lowest in the market, it is often competitive for businesses with established operations and clean safety records. The company also supports flexible policy structures to accommodate larger fleets or fleets with evolving needs.

Northland Insurance is best suited for small fleets and for-hire carriers that need dependable long-haul coverage backed by trucking expertise. With targeted underwriting, specialized claims service, and the financial stability of Travelers, Northland offers reliable protection for businesses that operate across state lines.

Sentry (Best Personalized Customer Experience)

Sentry is a mutual insurance company founded in 1904. They offer specific and specialized insurance products for individuals and businesses. This includes commercial trucking insurance with a variety of coverage options for trucking businesses of all sizes.

Sentry’s coverage options for trucking insurance include standard options such as commercial auto, general liability, physical damage, and motor truck cargo insurance. They also offer more specialized coverage options, including:

• Non-trucking liability insurance: Provides coverage for owner-operators driving their trucks for non-business-related purposes
• Cyber liability insurance: This coverage protects your business from losses in the event of a cyber security breach that compromises customer data

In addition to the coverage that Sentry provides, they also offer safety resources that can help you learn how to manage your risk and decrease the likelihood that you’ll need to file a claim for your business.

Sentry offers trucking insurance only through agents who are specialized and experienced in the trucking industry. They also provide clients with claims adjusters that specialize in trucking risks and will have the knowledge to assist you well during the claims handling process. Sentry currently insures over 50,000 truck drivers.

According to the NAIC Complaint Index, Sentry has no reported commercial auto complaints. Their overall complaint index for all policy types is 0.35, which indicates fewer complaints than the national index of insurance companies. In addition to its positive NAIC Complaint Index report, Sentry also has an A+ rating with the Better Business Bureau (BBB); however, they are not currently accredited by the BBB. The market share for Sentry is 1.39% as of 2024.

Sentry has earned an A+ rating from AM Best for 34 years in a row. This rating denotes superior financial stability, as well as superior ability to meet claims-paying obligations. This consistent rating can give customers confidence that approved claims will be paid in full without difficulty.

Because you must find an independent agent or broker to purchase insurance, the cost of insuring your business may vary. Other factors that may influence the cost of trucking insurance through Sentry are the size of your business, your industry, and your business’s risk of an incident. Online reviews indicate that their pricing is similar to other providers on the market.

One perk of being insured through Sentry are discounts with partnering vendors on products such as safety training, criminal background checks, drug and alcohol testing, and cargo theft prevention. To get a quote from Sentry, you can search for agents or submit a contact form.

Sentry has a variety of coverage options, strong financial ratings, and a positive company reputation. Sentry only offers policies through local Sentry agents, who can help you make an informed decision. Additionally, the expertise of their trained in-house claims team can take some of the stress out of the claims-handling process. So, we recommend them as the best trucking insurance provider for a personalized customer experience.

Acuity (Best for Custom Trucking Insurance Policies)

Acuity has been providing a variety of insurance products since 1925, including both personal and commercial lines. Today, the company is trusted by over 125,000 business clients.

Acuity offers trucking insurance suitable for a range of business sizes, from small owner-operators to large trucking companies. Its policy offerings include standard commercial auto insurance coverage, general liability coverage, and cargo insurance. They also offer the following additional specialized coverage options:

• Deadhead or bobtail coverage: Protects owner-operators who operate their tractor with an empty trailer, or without a trailer at all
• Trailer interchange: Protects against losses when you are pulling a trailer that isn’t your property, but you are responsible by contract for any incidents that may occur
• Combined truck/trailer/cargo deductible: Enhances coverage by not requiring a separate deductible to be met for each component of your truck affected by an incident

• Loan/lease gap coverage: Provides coverage when the amount owed on a loan for your vehicle is greater than the actual cash value (ACV) received in the event of a total loss
• Rental reimbursement: Covers transportation costs (such as a rental car) while your vehicle is being repaired
• Tow coverage following a loss: Provides coverage for the cost of a tow truck often up to a certain mileage limit

In addition to providing coverage, Acuity will complete required state and federal motor carrier filings for your business.

Acuity has over 50 years of experience in the trucking insurance industry, protecting more than 300,000 commercial vehicles. They also report 96% claims satisfaction from their customers, providing a single point of contact throughout the entire claims handling process.

According to the NAIC, Acuity consistently maintains a complaint index well below the national average of 1.0, reflecting its strong commitment to customer service as it grows to over 400,000 total policyholders. In addition to its outstanding complaint record with NAIC, Acuity is BBB accredited with an A+ rating. Its customer reviews have also earned the company 4.5 out of 5 stars on its BBB profile. Acuity also has a 4.4 out of 5 star rating on Trust Pilot. The market share for Acuity is 1.3% as of 2024.

In 2026, AM Best affirmed Acuity’s A+ (Superior) financial strength rating for the 24th consecutive year, while the company also maintains an A+ rating from Standard & Poor’s (S&P), reaffirmed in late 2025. Both of these ratings can give clients confidence in Acuity’s claims-paying abilities.

The cost of trucking insurance through Acuity varies depending on business size and industry, as well as the additional optional coverages included. However, some online reviewers have noted that Acuity auto insurance policies are more expensive when compared to similar providers. You can get a quote directly on the Acuity website, or work with a local agent who will be able to help you determine exactly what coverage options are right for you.

Acuity has a positive company reputation and strong financial health, and they provide a variety of options and enhancements so that you can create a policy that best suits your business’s industry and size. So, we recommend Acuity as the best for custom truck insurance policies.

National Independent Truckers Insurance Company (Best for Settling Claims; Best Customer Service)

NITIC has been providing specialized trucking insurance for approximately 25 years, having been founded in 2001. While it is a niche provider—focused on owner-operators and small fleets—and not one of the industry’s massive conglomerates, it is highly regarded for its specialized expertise and fast claims settlement process. NITIC offers coverage for all types of trucks at reasonable prices, including customized options and a variety of discounted rates.

NITIC offers one of the broadest sets of coverage options for trucks in the industry. From primary liability and non-trucking insurance to refrigeration breakdown and trailer interchange, NITIC offers all types of commercial truck insurance options under one roof. They provide coverage for a number of vehicles including dump trucks, hotshot trucks, box trucks, tow trucks, and many more. Customers can easily modify their vehicle coverage according to their business needs.

NITIC is considered one of the most reliable truck insurance providers in the U.S. They have a team of experienced professionals that help customers navigate the whole process—from setting up policies to handling claims—and customers are generally highly satisfied with the services they receive. Having approximately 25 years of experience in providing insurance solutions, NITIC has gained a large and supportive client base. Their excellent online reviews across Google, Facebook, Yelp, and other platforms speak to their high level of customer service.

NITIC enjoys a B++ (Good) rating from AM Best, most recently affirmed in 2025. This indicates that the insurance provider has the ability to meet its ongoing insurance obligations. NITIC is also renowned for its fast claims processing with an A+ rating from the BBB and an excellent reputation on Google, where it has received hundreds of 5-star customer reviews.

NITIC offers a variety of discount options on various trucking coverages. Customers can see big savings if they insure multiple fleets or bundle together multiple policies. A potential limitation for some users is that NITIC’s online quote tool provides initial estimates, but final custom pricing may still require a consultation with an agent to account for specific operating radiuses, driving records, and exact coverage levels.

While not as big as some of the other insurers on this list, NITIC has carved out its place in the commercial trucking insurance space. The insurer has strong financials, excellent customer service and claims handling, and receives some of the best reviews of any company in the industry. For these reasons, we recommend NITIC as the Commercial Trucking Insurance Company With the Best Customer Service.

OOIDA (Best Truck Insurance for Small Businesses/Owner-Operators)

Owner-Operator Independent Drivers Association (OOIDA) is an international trade association for professional truck drivers and independent owner-operators. This organization advocates for a fair business climate and highway safety for the trucking industry, and they also offer trucking insurance to members.

Coverage included in OOIDA’s trucking insurance for owner-operators with authority includes primary liability, general liability, physical damage, motor truck cargo, and passenger accident. For leased owner-operators, OOIDA offers non-trucking liability, unladen liability, bobtail liability, physical damage coverage, and passenger accident coverage.

While you must be a member to purchase trucking insurance with OOIDA, a one-year membership is just $45. This additional cost may be worth it to be insured by an organization like OOIDA.

OOIDA has an NAIC complaint index of 0.00, which is well below the national average. They have zero confirmed complaints recorded by the NAIC in the most recent reporting year. They also have an A+ rating with the Better Business Bureau, but they are not currently BBB accredited. While these factors indicate a positive reputation among OOIDA members, the lack of an AM Best rating means some brokers and shippers may not accept their policies, which is a critical consideration for independent drivers.

The cost of insurance through OOIDA will vary depending on your insurance needs. While you do not need to be a member to request an insurance quote, you must join the association to purchase a policy. A one-year membership is $45 annually. For more information on membership and insurance pricing, you can contact the organization online or by phone.

OOIDA trucking insurance is designed with its members in mind: independent owner-operators. They also provide services and benefits for their members, including life and health benefits, discounts and rebates, and business services. As such, we recommend them as the Best Trucking Insurance for Small Businesses.

Best Commercial Truck Insurance Options for Local and Regional Construction Businesses

Many construction businesses rely on pickups, box trucks, service vehicles, and utility trucks to move tools, equipment, and crews between job sites. These fleets are essential to day-to-day operations, but they don’t require the same insurance structure as long-haul or for-hire carriers. Instead, they need commercial auto coverage designed for business-owned vehicles operating within a single state or regional territory.

Several major insurers offer policies built for this use case. Coverage typically includes liability, physical damage, uninsured motorist protection, and medical payments. These policies are designed to cover a wide range of business vehicles, including heavy-duty dump trucks and semi-tractors used for hauling construction equipment. While they are well-suited for construction firms engaged in regional interstate travel as private carriers, they typically do not include FMCSA-required filings or specialized for-hire endorsements such as trailer interchange or motor truck cargo. They are not intended for DOT-authorized for-hire freight operations.

For construction firms running internal fleets without long-haul exposure, these providers offer dependable coverage, strong financial backing, and broad availability across most U.S. markets.

biBERK (Best Online Experience)

biBERK, an insurance company within Berkshire Hathaway Insurance Group, specializes in small business insurance. They offer a variety of transportation insurance coverage options ideal for trucking businesses and more.

biBERK, a small business insurance company founded in 2015, offers transportation coverage including workers’ compensation, general liability, cyber insurance, business owner’s policies (BOP), and commercial auto insurance. These coverage options can be tailored for trucking businesses, as well as other sectors of the transportation industry, such as delivery, towing, and logistics services.

Berkshire Hathaway’s companies are generally known for excellent customer service, and biBERK is not an exception. Despite being a relatively young company, biBERK is a BBB-accredited business with an A+ rating. Its customers give it a 3.94 out of 5-star rating based on their experience. When compared to other insurers, biBERK scores particularly well in this regard. BiBERK also has a 4.6 out of 5 star rating from Trustpilot.

Most biBERK policies are underwritten by Wellfleet Insurance Company, Berkshire Hathaway Direct Insurance Company, National Liability & Fire Insurance Company, or Wellfleet New York Insurance Company. This means that one of these companies will accept claims-paying responsibility for most biBERK policies. As of 2026, all of these companies maintain an A++ rating from AM Best, indicating a superior ability to meet financial obligations. The market share for biBERK in the commercial auto insurance segment reached 3.67% in 2024.

The cost of transportation/trucking insurance through biBERK will vary depending on the size and industry of your business, as well as the type of policies that your business will need. Some transportation businesses may only require commercial auto and workers’ compensation insurance, while others may require additional and more specific types of coverage. biBERK allows you to get a quote online, and they claim to help you save up to 20% on your insurance policies compared to other companies.

biBERK has strong financial backing, a positive company reputation, and specialized experience in small business insurance. Because they are a modern insurance company, biBERK’s online services allow you to get a quote, submit claims, and manage your policy entirely online. We recommend biBERK for the best online experience, which is ideal for business owners looking for simplified insurance that they can manage digitally.

Nationwide Commercial Truck Insurance (Best for New Drivers & Companies)

Nationwide was founded in 1926, making it one of the oldest auto insurance companies in the U.S. And with approximately 24,000 employees in offices around the country, Nationwide lives up to its name, making it easy for customers to find local offices, request quotes, and find coverage that works for them no matter where their business is located.

Nationwide’s coverages are comprehensive, including auto liability, medical payments, collision and comprehensive insurance, and uninsured and underinsured motorist insurance. Furthermore, business owners can purchase additional coverage options for their trucking company, including motor truck cargo liability insurance. Covered vehicles include box trucks, pickup trucks, and utility trucks, and Nationwide offers an additional specific coverage for farm truck insurance. However, semi-trucks and tractor trailers are not covered by Nationwide’s commercial vehicle policies. For semi-truck insurance, you will need to go with a different provider.

One drawback for Nationwide is its reputation with consumers compared to competing insurers. In J.D. Power’s 2025 U.S. Insurance Shopping Study, Nationwide was rated a 671 out of 1,000 for customer satisfaction, which was lower than several of the other insurers evaluated. However, in the 2025 Auto Claims Satisfaction Study—one specific to vehicle insurance—Nationwide performed well, scoring 729 out of 1,000, which was significantly above the study average. Additionally, Nationwide has received an A+ rating from the Better Business Bureau and has been BBB accredited since 1955. This means that the BBB has judged Nationwide to meet its highest standards for fair and ethical business practices. Nationwide’s market share is 1.08% as of 2025.

Nationwide has a longstanding history of financial strength and carries excellent ratings with the major credit rating agencies. Nationwide has an A(Excellent) from AM Best in 2024, enjoys an A+ rating from S&P, along with an A2 rating from Moody’s in 2025. Together, this means that Nationwide customers can be assured of the company’s ability to pay claims in the event of an incident.

Nationwide has a convenient online system that allows you to enter information about your business to begin the quoting process. While the form allows you to select additional coverages that your business may need, you will typically need to speak with a Nationwide agent to receive a final estimate and secure a commercial trucking policy. This is also helpful because Nationwide offers discounts for customers who bundle or purchase multiple policies with Nationwide. Nationwide also provides discounts for customers who pay their annual balance in full or install anti-theft devices on their vehicles, and offers some of the best rates for newer drivers and companies.

Nationwide offers a variety of benefits that make it a good choice for commercial truck insurance. While its customer satisfaction ratings are occasionally low, Nationwide has solid discounts and lower costs for newer drivers, which make it our recommendation for The Best Commercial Truck Insurance Company for New Drivers and Companies.

State Farm (Runner-Up)

State Farm is one of the largest personal auto insurers in the United States and a major provider of small business coverage, including commercial auto insurance. Its policies apply to vehicles used in business operations, such as pickups, vans, and light-duty trucks—common across many construction trades. Contractors, subcontractors, and service crews often use State Farm to insure trucks that transport tools, building materials, and equipment within a local territory. The company offers standard coverages like auto liability, collision, comprehensive, and medical payments, often bundled into broader business insurance packages.

State Farm does not underwrite long-haul trucking policies. It does not cover semi-trucks or tractor-trailers, and it does not provide FMCSA-required filings such as Form MCS-90. Its commercial auto policies exclude key endorsements needed for regulated carriers, including motor truck cargo, trailer interchange, and non-trucking liability. As a result, it cannot meet the requirements of businesses that haul freight across state lines or operate under DOT authority.

The company holds an A+ (Superior) financial strength rating from AM Best and an AA rating from Standard & Poor’s. It consistently scores well in customer satisfaction for personal auto coverage and maintains a strong reputation among small business policyholders.

State Farm is best suited to construction businesses operating in a single state with light-duty commercial vehicles used for internal operations. It is not a viable option for motor carriers, leased vehicle operations, or contractors engaged in long-haul or for-hire transportation.

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Trucking Industry Statistics

The statistics presented below are from the 2026 Commodity Flow Survey, produced by the U.S. Census Bureau and Bureau of Transportation Statistics. These statistics, released in their final form in early 2026, are used by trucking and transportation professionals as well as public policymakers who need to better understand facts about the freight industry.

Shipments by Mode of Transport

Trucks are responsible for the lion’s share of goods shipped in the U.S. each year. Based on the most recent available data, trucks account for an astonishing 90.5% of total shipment value (among shipments with a single mode of transport). This figure represents $13.2 trillion in value annually.

Truck Shipments by Weight

Shipments between 10,000 and 49,999 pounds are the most common size shipments in the U.S. when looking at all modes of transport as well as for trucks specifically. This size shipment accounts for roughly 29% of the total shipment value across all modes of transport and 38% of the total shipment value for goods transported by truck. When ranked by total shipment value, the next most common weight class consists of shipments weighing between 1,000 and 9,999 pounds.

Truck Shipments by Commodity

Electronics and electrical equipment account for the largest share of total value when considering all modes of transport, while mixed freight is the top commodity for trucks. There are approximately $1.7 trillion in mixed freight shipments transported by truck annually, which is about 13% of total truck shipments. Motorized vehicles take the second spot for truck shipments by value. The total value of motorized vehicles shipped by truck each year is approximately $1.2 trillion, or roughly 9% of the total.

Truck Shipments by Owner Type

The Census Bureau data also highlights how important small businesses are to the U.S. trucking and transportation industry. Nationally, only about one-fourth of total truck shipments (by value) are transported in company-owned trucks. The remaining three-fourths are transported by for-hire trucking companies, many of which are small businesses.

These values vary widely by state, though, as shown in the map below. Overall, states in the Appalachian Region of the U.S. tend to have more for-hire trucking activity. For example, roughly 80% of all trucking activity in Mississippi, Ohio, Kentucky, and Tennessee is done by for-hire trucking companies. On the other hand, a majority of trucking activity is carried out by company-owned trucks in Hawaii, Alaska, Maine, and Connecticut.

The states that report the most for-hire trucking activity overall are California, Texas, Illinois, Ohio, Pennsylvania, and Michigan.

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Frequently Asked Questions

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References

1. Better Business Bureau. https://www.bbb.org/.
2. Progressive. https://www.progressivecommercial.com/.
3. J.D. Power. https://www.jdpower.com/.
4. The Hartford. https://www.thehartford.com/.
5. Nationwide. https://www.nationwide.com/.
6. Texas DMV. https://www.txdmv.gov/motor-carriers/txdmv-number.
7. Federal Motor Carrier Safety Administration (FMCSA). Insurance Filing Requirements. https://www.fmcsa.dot.gov/registration/insurance-filing-requirements.
8. California Public Utilities Commission (CPUC). https://www.cpuc.ca.gov/.
9. Owner-Operator Independent Drivers Association (OOIDA). https://www.ooida.com/.
10. California DMV. https://www.dmv.ca.gov/portal/.
11. AM Best. Guide to Best’s Credit Ratings (GBCR). https://www.ambest.com/ratings/index.html.
12. Moody’s Ratings. Rating Symbols and Definitions. https://ratings.moodys.com/rating-definitions.
13. S&P Global. S&P Global Ratings. https://www.spglobal.com/ratings/en.
14. NITIC. https://www.truckinsurancenitic.com/.
15. U.S. Census Bureau. Commodity Flow Survey. https://www.census.gov/programs-surveys/cfs.html.
16. Acuity. Trucking Insurance. https://www.acuity.com/business/commercial-truck-insurance.
17. Sentry. Trucking Insurance. https://www.sentry.com/who-we-serve/trucking-insurance.
18. BiBerk. Insurance for Transportation Companies. https://www.biberk.com/who-we-insure/commercial-truck-insurance.