To operate legally on the road, drivers require truck insurance. But finding the best commercial truck insurance provider is tough.
Undoubtedly trucking business is difficult to carry out and be successful in it. The hassle of transporting valuable cargo via commercial truck is something that can only be understood by people who are into this business.
If we talk about the recent federal data, there are more than 4 lakh crashes where commercial trucks were involved in the United States. Almost 30% of collisions happened due to drivers’ negligence or mistakes. This made getting commercial vehicle insurance even harder for other truckers as well.
This policy coverage is essential for several reasons. It protects truck owners and drivers when an accident results in property damage or cargo loss. Moreover, to adhere to state law, this requisite is non-optional for the trucking business. If you operate trucks to make money, then you have to have a cover with you, especially when on the road.
We are well aware of the significance of truck insurance for owners and drivers. But the question is whom to choose as your insurance provider? If you search it on the internet, you will find a number of insurance companies that offers coverage to heavy vehicles. Don’t worry! To save you from this puzzling situation, we have stewed our research down to the best five insurance providers in the US.
Which are the top insurance providers for commercial vehicles in the US?
The freedom to pick the insurance provider is exciting and confusing at the same time. And if you are a first-time buyer, then gauging the market and choosing the best fit can be nerve-wracking. To help our readers and eliminate their confusion, we have shopped multiple carriers and pulled out the best trucking insurance companies in the following list.
1. Progressive
Founded in 1937, Progressive enjoys the largest market share when we talk about trucking insurance in the United States. It covers a variety of commercial trucks, including tow trucks, dump trucks, box trucks, delivery trucks, garbage trucks, ice cream trucks, and cement trucks. Being the top truck insurance provider, they offer free federal and state filings. It is providing policy coverage to over 12% of the market.
This insurance company offers flexible payment options and good customer support to their clients. They provide the following truck insurance to their customers:
- General liability
- Comprehensive coverage
- Medical payments
- Trailer interchange
- Bobtail coverage
- Rental reimbursement
2. National Independent Truckers Insurance Company, RRG.
NITIC is counted among the most reliable and trusted insurance companies in the US. They offer customized truck insurance at unbeatable affordable rates for over 30 years. They have a great customer support wing that helps their clients with a fast claiming process round the clock. They ensure a variety of trucks, including tractor trailers or semi-trucks, box trucks, hot shots, dump trucks, and tow trucks.
NITIC helps people in filing their insurance as well as handling their claims. They offer customized insurance coverage to new trucking businesses as well. They cover the following commercial truck insurance:
- Commercial auto liability
- Physical damage insurance
- Motor truck cargo insurance
- Non-trucking insurance
- General liability
- Garage liability
- Reefer breakdown
3. Sentry
Many insurance companies offer policy coverage for businesses having multiple trucking fleets, but sentry is an insurer that mostly focuses on single truck owners. Founded in 1904, this company provides highly personalized service and expertise for businesses and owner-operator, and even businesses with one truck only. Sentry offers flexible policy options and mainly specializes in insuring owner-operator. This company has knowledgeable staff who understand every core of trucking.
They have insured over 37000 haulers and offer the following cover:
- Motor cargo truck
- Non-trucking for personal use
- Comprehensive
- Collision
- Physical damage
4. CoverWallet
CoverWallet is not an individual commercial insurance carrier but helps many customers to purchase truck insurance in a couple of minutes. You can easily get quotes online and buy them instantly if it fits your need. It offers coverage for a range of trucks and also has specific plans for people with bad credit scores or unimpressive past driving records.
This insurer mainly focuses on making the policy purchasing process easier for truckers and business owners. You can instantly get quotes for:
- Physical damage
- Dump trucks
- Box trucks
- Log trucks
- Food trucks
- Car carriers
5. Hartford
Founded in 1810, Hartford offers special discounts and programs in various commercial truck insurance. If you have multiple fleets of vehicles in your business, then this insurance provider is a good choice for your insurance requirement.
Hartford provides many complimentary insurance coverages in more than 50 states. They also offer engineering services for vehicles. You can buy general liability, workers comp, umbrella, property, and additional liability coverage for your commercial vehicles.
This insurance provider covers the following vehicles:
- Fire trucks
- Dump trucks
- Refuse trucks
- Refrigerated trailers
- Trailer manufacturer
- Ambulances
Let’s compare insurers with the key benefit each one of them offers:
| Insurance company | Picked for | Main benefit |
| Progressive | Overall | Free federal & state insurance claims. |
| NITIC | Overall & affordability | Unfailing customer support and customizable policies. |
| Sentry | Single trucks | Highly personalized service. |
| CoverWallet | Affordability | Instant quotes online. |
| Hartford | Multiple fleets | High discounts. |
Wrapping up
Carrying commercial truck insurance is a non-negotiable aspect when you use your vehicle for business purposes, as this is one of the requirements by law. The rules for obtaining this policy vary from state to state. But any truck which is used for transporting goods, people, equipment, or any cargo needs to have insurance coverage.
Always remember that a good insurer will offer flexible coverage options at an affordable rate.
Your trucking needs also change when your company grows. Revaluate your requirements every year if you want comprehensive protection for your commercial vehicles.
You will find many highly rated insurance providers online whenever you look for options. In such a situation, getting confused with many alternatives is natural.
Therefore to help you make an informed decision, we have mentioned the best insurance company in the US. So, pick one insurer who will help you in meeting your truck requirement and protects your vehicle from all the possibilities.
