Commercial truck insurance is the most important thing to consider when you start your trucking business. With all the options available, you might find it difficult to find which one suits your business’ needs. But, fret not! We’ve covered you with various recommendation of the best commercial truck insurances from typestrucks.com.
Are you going to start your own trucking company? Then, commercial truck insurance is definitely something you must invest on. Commercial truck insurance is a type of coverage used to protect trucking business of any kinds. By signing up for a commercial truck insurance, you can receive coverage for your trucking business. Applying for a trucking insurance means you’ll receive legal and financial protection from property damage and also bodily injury. However, you do need to have higher coverage limits for type of trucking insurance needed for specialized trucking equipment and cargo.
With over 3.6 million truck drivers working for more than 711,000 trucking companies, you won’t find a difficulty in finding a reliable commercial truck insurance company. Understanding the type of insurance coverage in which company allow you to maximize all the benefits. Each company will also have some common and specific requirements. Without further ado, below are top 10 commercial truck insurance companies you need to know.
Among all, State Farm is probably the best commercial truck insurance provider. It’s known as the largest insurance provider for both automotive and personal in the U.S. This company’s HQ is located in Illinois and they offer the best and comprehensive truck insurance programs. Which also include coverage for the employees and the goods. They also provide insurance policy for commercile automobile. You can definitely find the best insurance policy for you. Worry not about the price, State Farm also include various discount rates to choose from.
Progressive Commercial Truck Insurance
Founded in 1937, progressive commercial truck insurance is one of the best insurance company known for its strong reputation and cost-effective choices. It’s known for the largest selections of truck policies you can choose. The company’s insurance programs have been known in all 50 states. You can find primary liability insurance programs required by the federal law here. You can also find other coverage options for non-trucking liability, motor truck cargo, general liability, trailer interchange, and more. No matter how small or big your company’s size is, you can always find the perfect commercial truck insurance here.
The Hartford Commercial Truck Insurance
Other than progressive commercial truck insurance, you can also find the best trucking insurance from The Hartford. The Hartford Commercial Truck Insurance was founded in 1810, and by that time the company provide a fire life insurance. Today, the company also include auto insurance policies for home and business. It already insures for over one million small business in all states. It’s the best option to go if you’re running a high-risk truck business. This company provide several options for commercial truck insurance to choose from. Such as, on-hook towing, motor truck cargo, livestock transit, trailer interchange, and more. You shall not worry about its reputation, as the company have been insure truck companies in States for more than 200 years.
Nationwide Commercial Truck Insurance
Nationwide is definitely one of the top 10 commercial truck companies to consider. It’s one of the oldest commercial truck insurance companies in States. Nationwide offer easy accessibility for trucking business owners who wish to use their service. You can come directly to their local office everywhere in the country. You can also find the perfect coverage that suits your business. They even provide online quote to help you to find out more about their business. Auto-specific policies the company provide is one of its best services. Unfortunately, they don’t offer coverage for tractor trailers or semi-trucks.
National Independent Truckers Insurance Company (NITIC)
NITIC is a commercial truck insurance company who have been providing business owners with insurance services for over 30 years. The company is also well renowned for its fast claims for settlement process. You can find all sorts of commercial truck insurances in fairly affordable prices. Customized options are also available along with variety of discounted rates. You’ll find the best insurance options for your trucking business with best deals here. However, you’ll have to contact the contact agents to ask about pricing details, since NITIC doesn’t provide online quotes.
Whether you need insurance coverage for personal or commercial purpose, Acuity is here to help. This insurance company have been rolling since 1925 providing various insurance products. Until today, the over 100,000 business owners all over the States have been using insurance products from this company. There are various coverage options to choose from. You can also choose various enhancements and customize it to suit your trucking business purpose.
If you’re looking for an insurance company who specialized in customized insurance products, Sentry is the perfect option. This insurance company offer various insurance products for personal or business owners. Obviously, you’ll also find selections of commercial truck insurance for all sizes fit for your business. It also received A+ Financial Strength Rating for 30 years in a row from A.M Best. Sentry also provide you with a helpful agent you can contact who will give guidance thorough the applying process.
If you own a small trucking business, or perhaps you’re a truck operator, you might find the best insurance option here in OOIDA. OOIDA is the abbreviation for Owner-Operator Independent Drivers Association. As the name implies, this international trade association doesn’t only assist independent owner-operators and professional truck drivers alike.
They also provide trucking insurance members to support fair business climate and also highway safety needed for trucking industries. You can find wide variety of coverage options designed for both owner operators and leased owner-operators. To purchase any of the insurance products or service from OOIDA, you’ll have to sign up an OOIDA membership.
Looking for the best online insurance service? You might find it in biBerk. biBerk is an insurance company under Berkshire Hathaway Insurance Group who offer insurance products for small business. You can easily find various transportation insurance coverage, and discover the ideal one for your trucking business. The best news is, you can always find more information about the products listing including its price through online quote they have provided.
Chubb is a insurance policy company who provide wide insurance options for those with unique business needs. The company is dubbed as one of the biggest market leader in commercial insurance in U.S. The company offer various insurance products designed for middle market businesses across geographies and industries. Their insurance products are the best options if you own a business with over $10 million annual revenue. You’ll find different coverages for employee health, property casualty expenses, management liability, accidents, and financial lines. Today, you can find over 48 Chubb branch offices across North America.
Finding the right commercial truck insurance will help you to provide safety and security for your business. Each company provide various insurance policy products you can choose from. Some also specialize in providing insurance for more specific purposes. Be sure to research thoroughly to find the best insurance policy for your business.