Best Commercial Truck Insurance Companies β Compare Top Carriers
We compare 30+ A-rated carriers so you do not have to call each one. Use the matching tool below to find the right carrier for your operation, then see the full comparison and pricing breakdown below.
Top Commercial Truck Insurance Companies β Full Comparison
All 10 carriers listed are A-rated or better by AM Best. Carrier counts are from 603,562 active FMCSA BIPD filings (April 2026). Premium ranges are per-truck estimates for standard general freight operations with clean loss history.
| Carrier | AM Best | Carriers Insured | Best For | Est. Premium | Key Strength |
|---|---|---|---|---|---|
| Progressive | A+ | 58,000+ | Owner-operators, small fleets | $5,000 β $15,000/yr | Largest trucking insurer by carrier count. Fast quotes, broad appetite, telematics discounts |
| Great West Casualty | A+ | 43,642+ | Long-haul truckers, experienced operators | $5,500 β $16,000/yr | Trucking-only specialist since 1956. Higher average coverage ($989K). Strong loss control |
| GEICO Commercial | A++ | 28,383+ | Owner-operators, small operations | $5,000 β $14,000/yr | Brand recognition, competitive pricing for clean records, digital-first experience |
| Northland Insurance | A+ | 23,241+ | Specialty and regional operations | $7,000 β $20,000/yr | Travelers subsidiary. Tow truck and dump truck specialist. Strong local/regional focus |
| Canal Insurance | A | 11,490+ | New authority, small fleets | $6,000 β $18,000/yr | Accepts new authority carriers others won't. Competitive cargo rates, flexible underwriting |
| Sentry Insurance | A+ | 6,440+ | Small to mid-size fleets | $6,000 β $16,000/yr | Mutual company β policyholder-owned. Consistent pricing, strong claims handling |
| Acuity Insurance | A+ | 5,894+ | Midwest and regional operators | $5,500 β $15,000/yr | Top-rated claims service. Strong in Midwest states (IL, OH, WI, IN). Competitive for local/regional |
| Old Republic | A+ | 4,108+ | Established fleets, long haul | $4,000 β $9,000/unit/yr | Higher average coverage ($1.2M). Long-haul specialist, stable renewal pricing |
| National Interstate | A+ | 3,421+ | Mid-size fleets, passenger carriers | $4,000 β $10,000/unit/yr | Highest average coverage ($1.5M). Fleet discount programs, driver training, loss control |
| Berkley Casualty | A+ | 2,466+ | Owner-operators, hot shot | $6,000 β $14,000/yr | Hot shot friendly, fast bind turnaround, solid cargo coverage |
Progressive
AM Best A+- Best for
- Owner-operators, small fleets
- Min fleet
- 1 truck
- Premium
- $5,000 β $15,000/yr
- Strength
- Largest trucking insurer by carrier count. Fast quotes, broad appetite, telematics discounts
Great West Casualty
AM Best A+- Best for
- Long-haul truckers, experienced operators
- Min fleet
- 1 truck
- Premium
- $5,500 β $16,000/yr
- Strength
- Trucking-only specialist since 1956. Higher average coverage ($989K). Strong loss control
GEICO Commercial
AM Best A++- Best for
- Owner-operators, small operations
- Min fleet
- 1 truck
- Premium
- $5,000 β $14,000/yr
- Strength
- Brand recognition, competitive pricing for clean records, digital-first experience
Northland Insurance
AM Best A+- Best for
- Specialty and regional operations
- Min fleet
- 1 truck
- Premium
- $7,000 β $20,000/yr
- Strength
- Travelers subsidiary. Tow truck and dump truck specialist. Strong local/regional focus
Canal Insurance
AM Best A- Best for
- New authority, small fleets
- Min fleet
- 1 truck
- Premium
- $6,000 β $18,000/yr
- Strength
- Accepts new authority carriers others won't. Competitive cargo rates, flexible underwriting
Sentry Insurance
AM Best A+- Best for
- Small to mid-size fleets
- Min fleet
- 1 truck
- Premium
- $6,000 β $16,000/yr
- Strength
- Mutual company β policyholder-owned. Consistent pricing, strong claims handling
Acuity Insurance
AM Best A+- Best for
- Midwest and regional operators
- Min fleet
- 1 truck
- Premium
- $5,500 β $15,000/yr
- Strength
- Top-rated claims service. Strong in Midwest states (IL, OH, WI, IN). Competitive for local/regional
Old Republic
AM Best A+- Best for
- Established fleets, long haul
- Min fleet
- 5 trucks
- Premium
- $4,000 β $9,000/unit/yr
- Strength
- Higher average coverage ($1.2M). Long-haul specialist, stable renewal pricing
National Interstate
AM Best A+- Best for
- Mid-size fleets, passenger carriers
- Min fleet
- 5 trucks
- Premium
- $4,000 β $10,000/unit/yr
- Strength
- Highest average coverage ($1.5M). Fleet discount programs, driver training, loss control
Berkley Casualty
AM Best A+- Best for
- Owner-operators, hot shot
- Min fleet
- 1 truck
- Premium
- $6,000 β $14,000/yr
- Strength
- Hot shot friendly, fast bind turnaround, solid cargo coverage
Premium estimates based on standard general freight, clean 3-year loss history, and experienced operators. Your actual rate depends on your specific risk profile. Full Coverage shops all 8 carriers plus 22+ additional markets.
How We Ranked These Carriers
These are not paid placements or affiliate rankings. Every carrier on this list is one we actively place business with. Here is what we evaluate:
Financial Strength (AM Best Rating)
AM Best rates carriers on their ability to pay claims. We only place business with A-rated or better carriers. An A+ rating means the carrier has a superior ability to meet ongoing insurance obligations β critical when you have a six-figure cargo loss or a serious accident claim.
Appetite Breadth
Some carriers write only large fleets. Others specialize in specific commodity types or regions. A carrier with a broad appetite for your operation type will compete harder for your business and decline fewer endorsement requests throughout the policy year.
Claims Service
Fast, fair claims handling is worth more than a lower premium at renewal. We track how each carrier handles claims for our clients β response times, adjuster quality, dispute rates β and that directly influences which markets we prioritize.
Pricing Competitiveness
We track carrier pricing across hundreds of submissions per year. We know which markets are currently competitive for owner-operators, which are aggressive for new authority, and which offer the best fleet discounts. This data makes our recommendations more accurate than any comparison site.
Technology and Telematics
Carriers with telematics-based discount programs reward safe operators. Programs that integrate with your ELD data or dash cameras can reduce premiums by 8-15% and provide documentation that helps in the event of a disputed claim.
Types of Coverage You Need
A complete commercial truck insurance program covers more than just liability. Here are the eight coverage lines most trucking operations need, with links to detailed breakdowns on each.
Primary Liability (BIPD)
Bodily injury and property damage to third parties. Federally required for all for-hire carriers. Minimum $750K for general freight, $1M-$5M for hazmat.
Motor Truck Cargo
Protects the freight you haul. Required by most shippers and load brokers. Limits from $100K to $1M+ depending on commodity type.
Physical Damage
Comprehensive and collision coverage for your truck and trailer. Covers accidents, theft, fire, and weather damage. Required by lenders.
General Liability
Covers your business operations off the road β premises, advertising injury, completed operations. Required by many shippers and facility contracts.
Bobtail / Non-Trucking Liability
Covers your tractor when operating without a trailer or outside of dispatch. Fills the gap left by primary liability for owner-operators leased to carriers.
Workers Compensation
Mandatory in most states for carriers with employees. Covers medical expenses and lost wages for work-related injuries to drivers and staff.
Umbrella / Excess Liability
Additional liability limits above your primary policy. With nuclear verdicts in trucking regularly exceeding $10M, most fleets carry $1M-$10M in excess coverage.
Occupational Accident
Covers independent contractor drivers for on-the-job injuries where workers comp does not apply. Widely used by fleets with leased owner-operators.
How Much Does Commercial Truck Insurance Cost?
Commercial truck insurance ranges from under $5,000 to over $20,000 per truck per year. Here is what to expect by operation type, and the main factors that move your rate up or down.
Typical Annual Premium by Operation Type
Factors That Affect Your Rate
Authority age
New authority pays 30-60% more
Driving record
Violations raise rates significantly
Cargo type
Hazmat can double standard rates
Operating radius
Local routes often cheaper than OTR
CSA scores
High scores can trigger surcharges or declinations
Loss history
Claims in the past 3-5 years directly affect pricing
Equipment age and value
Newer, financed trucks cost more to insure
Fleet safety programs
Cameras and ELDs can reduce rates 8-15%
How to Reduce Your Premium
- Install forward-facing and driver-facing dash cameras β most carriers offer 8-12% discounts
- Maintain a formal written safety program and document driver training annually
- Monitor your CSA scores monthly and address violations before they affect your BASIC percentiles
- Consider higher deductibles on physical damage if your fleet has significant equity
- Bundle physical damage and liability with the same carrier when the pricing is competitive
- Submit loss runs with every renewal β clean history is your strongest negotiating tool
- Shop your renewal 90 days out β last-minute submissions limit your market options
Why Use a Broker Instead of Going Direct?
When you call Progressive direct, you get Progressive's rate. When you call Canal direct, you get Canal's rate. To find the best price, you would need to contact every carrier separately, re-enter your information each time, and then compare policies that may not have the same coverage terms. That process takes days and most people give up after two or three calls.
A commercial truck insurance broker submits your risk to every market at once. One application, one broker, 30+ quotes. Because brokers bring volume, carriers compete aggressively for broker-placed business β you often get better pricing through a broker than going direct to the same carrier.
Beyond the initial quote, a broker handles mid-term changes (adding drivers and equipment, updating filings, issuing certificates), manages your renewal, and advocates for you when a claim gets complicated. When something goes wrong at 2 AM in a different state, you call one number.
Full Coverage is licensed in 47 states and has access to 30+ carriers that write commercial truck insurance. We do not have production commitments or carrier quotas. Our only job is finding the right coverage at the right price for your operation, and making sure it stays that way at every renewal.
We write fleet accounts, hot shot operators, semi-truck owner-operators, and everything in between. If you operate in Texas, check our Texas commercial truck insurance page for state-specific information.
30+
A-rated carriers compared
47
States we are licensed in
24-48 hrs
Typical quote turnaround
Commercial Truck Insurance FAQ
Which truck insurance company is cheapest?
There is no single cheapest carrier β the lowest rate depends on your fleet size, cargo type, operating radius, driving record, and authority age. Progressive Commercial and Canal Insurance are consistently competitive for owner-operators and new authorities. National Interstate and Protective deliver the best per-unit pricing for mid-size and large fleets. A broker who shops 30+ carriers at once will find the lowest rate for your specific situation β which is exactly what Full Coverage does.
Can I get truck insurance with no experience?
Yes. New authority operators β those with less than 2 years in business β can get commercial truck insurance. Canal Insurance, Progressive Commercial, and Berkley One actively write new authority accounts. Expect to pay 30-60% more than an experienced operator with clean records. Rates improve significantly after 2 years of clean operation. We help new authorities find the most competitive markets and structure coverage correctly from day one.
How long does it take to get a truck insurance quote?
Standard quotes take 24-48 hours once we have your complete information β DOT number, driver list with CDL numbers, equipment schedule with VINs, and loss runs if applicable. New authorities with no prior insurance can often be quoted same-day. Fleet accounts with 10+ trucks may take 2-3 business days for full market submissions.
Do I need cargo insurance?
Most for-hire carriers are required to carry motor truck cargo insurance. Many shippers and brokers require a minimum of $100,000 in cargo coverage before they will tender loads. Cargo insurance protects the freight you haul β it is separate from your liability coverage. If you haul regulated commodities, high-value goods, or temperature-sensitive freight, you likely need higher limits.
What is the minimum insurance for a trucking company?
FMCSA requires a minimum of $750,000 in BIPD (bodily injury and property damage) liability for general freight carriers operating interstate. Hazardous materials carriers need $1,000,000 to $5,000,000 depending on the commodity. Most professional operations carry $1,000,000 regardless of minimum requirements, because jury awards in trucking accidents regularly exceed federal minimums.
How do CSA scores affect my insurance rates?
CSA scores are reviewed by every underwriter when quoting your policy. High percentile scores in Unsafe Driving, Hours of Service, or Vehicle Maintenance signal elevated risk and result in higher rates or declinations from preferred carriers. Scores above the 65th percentile in any BASIC put you in a non-standard market. We monitor our clients' CSA scores and consult on how to address violations before they affect your renewal.
Can I switch truck insurance companies mid-policy?
Yes, you can switch at any time β not just at renewal. Your current policy can be cancelled and you receive a pro-rated refund for unused premium. The main considerations are ensuring zero coverage gap, updating FMCSA filings (BMC-91), and notifying any lessors or shippers who hold certificates. We handle all of this when we move your account.
What documents do I need for a truck insurance quote?
To get a complete quote we need: your DOT number, complete driver list with CDL numbers and dates of birth, equipment schedule with year/make/model/VIN for each truck and trailer, estimated annual mileage, and 3-5 years of loss runs if you have prior insurance. New authorities without loss runs use personal driving records instead.
Get Your Commercial Truck Insurance Quote Today
Tell us about your operation. We shop 30+ carriers, present the best options side by side, and handle everything from filing to certificates. Most quotes are ready within 24-48 hours.