The best insurance companies for trucking business
Mar 03, 2023 in Insurance 101Semi-trucks are essential to the economy and are used to transport goods across the country. With the high cost of semi-trucks and the goods they carry, it is important to have reliable insurance coverage. In this blog post, we will discuss the best semi-truck insurance companies that can provide you with comprehensive coverage. Unlike personal insurance, semi-truck insurance companies will often not sell direct but only through selected agents. Coverages vary widely so working with a qualified agent is strongly recommended.
- Progressive Commercial Insurance: Progressive is one of the best semi-truck insurance providers that offers customized coverage options for semi-trucks. With Progressive, you can get coverage for collision, liability, cargo, and even downtime. They also offer discounts for safe driving and fleet size, making it an affordable option for many trucking businesses. Progressive is the largest semi-truck insurance company by number of filings with the FMCSA.
- Nationwide Commercial Insurance: Nationwide is another great option for semi-truck insurance. They provide customizable coverage options for commercial vehicles, including semi-trucks. They offer coverage for collision, liability, cargo, and even workers' compensation.
- Great West Insurance Company: Great West is a well-known insurance provider that also offers commercial insurance coverage for semi-trucks. They provide coverage for collision, liability, and cargo, and offer discounts for safe driving and multiple vehicles. Great West also has a 24/7 claims service, making it easy to get the assistance you need.
- Northland Insurance Company: Northland is a trusted insurance provider that offers commercial insurance coverage for semi-trucks. They provide coverage for collision, liability, and cargo, and a range of additional coverage options. Northland also offers discounts for safe driving and multiple vehicles. Northland’s deluxe coverage endorsement offers one of the most complete coverages for trucking companies.
- Berkley: Berkley is a leading insurance provider that offers commercial insurance coverage for semi-trucks. They provide coverage for collision, liability, and cargo, and offer additional coverage options such as trailer interchange and rental reimbursement.
Other excellent companies to consider:
National Indemnity
AIG
Sentry
In conclusion, the best semi-truck insurance companies provide customizable coverage options and discounts for safe driving and multiple vehicles. They also have a user-friendly online platform and 24/7 claims service to provide you with the assistance you need. By choosing one of these insurance providers, you can ensure that your semi-truck and its cargo are protected in the event of an accident.