What Is the Best Insurance Company for Commercial Trucks? If you own or operate a commercial truck in the United States, you know that finding the right insurance isn’t just a box to check—it’s a lifeline for your business.
With rising costs, complex regulations, and the ever-present risk of accidents, choosing the best commercial truck insurance company can make all the difference between smooth sailing and a costly breakdown.
So, which insurer truly stands out in 2025? Let’s break it down in plain English, with real data, expert insights, and a focus on what matters most to truckers and fleet owners like you.
Why Commercial Truck Insurance Matters More Than Ever?
The commercial trucking industry is the backbone of the American economy, moving over 70% of the nation’s freight. But with great responsibility comes great risk.
The average cost of a large-truck accident is a staggering $120,000, and if a fatality is involved, that number skyrockets to $4.8 million . Insurance isn’t just a legal requirement—it’s your shield against financial disaster.
But here’s the catch: premiums are rising fast. In 2024, commercial truck insurance premiums jumped by 9–15%, and physical damage coverage alone saw increases of up to 25%.
With claim severity and “nuclear verdicts” (those eye-popping jury awards) on the rise, choosing the right insurer is more important—and more challenging—than ever.
What Makes a Great Commercial Truck Insurance Company?
Before we name names, let’s talk about what separates the best from the rest. Here’s what savvy truckers and fleet managers look for:
Comprehensive Coverage: Liability, physical damage, cargo, non-trucking liability, and more—tailored to your operation.
Financial Strength: You want a company that can pay claims, no matter how big. Look for top ratings from AM Best and Moody’s.
Fast, Fair Claims Handling: When your truck is down, every hour counts. The best insurers have 24/7 claims support and a reputation for quick payouts.
Competitive Pricing & Discounts: Transparent premiums, flexible deductibles, and discounts for safe driving or using telematics can save you thousands.
Regulatory Know-How: Your insurer should help you stay compliant with federal and state rules, not leave you guessing.
Customer Satisfaction: Real-world reviews, low complaint levels, and high ratings from independent agencies matter.
Digital Tools: Online quotes, policy management, and instant proof of insurance make life easier.
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The Top Commercial Truck Insurance Companies in the US (2025)
Let’s get to the heart of the matter. Based on market share, customer satisfaction, financial strength, and industry reputation, here are the top contenders for the best commercial truck insurance company in the United States:
1. Progressive Commercial
Why it stands out:
Progressive is the largest and most popular commercial truck insurer in the US, especially among owner-operators and small to mid-sized fleets . They offer customizable policies, 24/7 claims support, and a suite of digital tools that make managing your policy a breeze.
Progressive is also known for competitive rates and a wide range of discounts, including savings for safe driving and using electronic logging devices (ELDs) .
Customer satisfaction:
Progressive consistently earns high marks for customer service, fast claims handling, and financial stability (A+ rating from AM Best). Their Snapshot ProView and Smart Haul programs reward safe drivers with lower premiums .
Coverage options:
– Primary liability
– Physical damage
– Motor truck cargo
– Non-trucking liability (bobtail)
– Trailer interchange
– General liability
– Roadside assistance
Best for:
Owner-operators, small fleets, and anyone who values digital convenience and customizable coverage.
2. The Hartford
Why it stands out:
The Hartford is a powerhouse for larger fleets and businesses that need specialized support. They offer deep industry expertise, risk management services, and 24/7 claims lines.
Their FleetAhead program and catastrophe support are especially valued by larger operations .
Customer satisfaction:
Hartford is praised for its comprehensive coverage, risk management resources, and strong financial ratings. They’re a go-to for businesses that want more than just a policy—they want a partner .
Coverage options:
– Auto liability
– Physical damage
– Cargo
– General liability
– Workers’ compensation
– Trailer interchange
Best for:
Large fleets, businesses with complex needs, and those seeking robust risk management.
3. Nationwide
Why it stands out:
Nationwide is a top-tier insurer with a broad national footprint and a reputation for flexibility. Their Vantage 360 Fleet telematics program helps reduce claims and improve driver safety, with discounts up to 10% for safe driving .
Customer satisfaction:
Nationwide’s On Your Side Claims Service offers written guarantees on repairs and a network of pre-qualified shops. They’re especially recommended for new drivers and small fleets .
Coverage options:
– Liability
– Physical damage
– Cargo
– Uninsured motorist
– Trailer interchange
Best for:
New trucking companies, small fleets, and those who want telematics-driven savings.
4. OOIDA (Owner-Operator Independent Drivers Association)
Why it stands out:
OOIDA is beloved by small trucking companies and owner-operators. They underwrite policies in-house, making the process fast and tailored to the unique needs of small businesses .
Customer satisfaction:
High satisfaction, especially for personalized service and advocacy for drivers.
Coverage options:
– Liability
– Physical damage
– Cargo
– Non-trucking liability
– Occupational accident
Best for:
Owner-operators and small fleets who want a company that truly understands their world.
5. Lancer Insurance
Why it stands out:
Lancer is known for its 24/7/365 claims reporting, low complaint volume, and unique coverage enhancements like free towing after covered incidents .
Customer satisfaction:
Customers rave about Lancer’s responsive service and specialized support for trucking businesses.
Coverage options:
– Liability
– Physical damage
– Cargo
– General liability
– Towing and roadside assistance
Best for:
Fleets and owner-operators who value top-notch customer service and fast claims.
Other Notable Providers
– Berkshire Hathaway (biBERK, GUARD, National Indemnity): Financial strength and comprehensive coverage .
– State Farm: Personalized, agent-based service and competitive rates.
– Sentry Insurance: Trucking specialization and strong safety programs.
– Great West Casualty Company: Exclusively serves the trucking industry .
– Chubb: Custom solutions for larger businesses .
What Coverage Do You Really Need?
Every trucking business is different, but here are the must-have coverages most companies should consider:
– Liability Insurance: Required by law; covers damage to others if you’re at fault.
– Physical Damage: Protects your truck and trailer from accidents, theft, or disasters.
– Cargo Insurance: Covers the goods you haul.
– Non-Trucking Liability (Bobtail): For when you’re driving your truck off the clock.
– General Liability: For accidents that happen off the road.
– Workers’ Compensation: If you have employees, this is a must.
– Specialized Coverages: Such as trailer interchange, occupational accident, and roadside assistance .
The best insurers let you bundle and customize these coverages to fit your operation—and offer discounts for doing so .
What Do Real Customers Say?
Customer satisfaction is more than just a number—it’s about real experiences. Here’s what truckers and fleet owners value most:
– Fast, fair claims handling: “I can’t afford to have my truck off the road for weeks while waiting for a claim to be processed.”
– Responsive customer service: “I need a certificate of insurance immediately to secure a new contract, but my agent is slow to respond.”
– Affordable, predictable pricing: “My insurance premium went up 30% after a single minor claim.”
– Digital convenience: “I wish my insurer offered more advice on how to reduce my risk and lower my premiums.”
Progressive, The Hartford, Nationwide, OOIDA, and Lancer consistently receive high marks for these factors, with low complaint levels and strong independent ratings .
Key Industry Trends and Stats (2024–2025)
– Premiums are rising: Average increases of 9–15% in 2024, with physical damage up 20–25%.
-Claims are getting bigger: The average cost per large-truck crash is $120,000; fatal crashes average $4.8 million.
– Driver shortages and higher wages: The industry faces a shortage of 60,000–82,000 drivers, pushing up costs and risk.
– Technology matters: Insurers reward fleets that use telematics and ELDs with discounts and better rates.
– Customer service is king: Fast claims, 24/7 support, and digital tools are now must-haves, not nice-to-haves.
Conclusion: Which Company Is Best for You?
There’s no one-size-fits-all answer, but here’s the top line:
Progressive is the best all-around choice for most owner-operators and small to mid-sized fleets, thanks to its market leadership, customizable coverage, digital tools, and strong customer satisfaction .
If you run a larger fleet or need specialized risk management, The Hartford is a top pick. For new drivers or those who want telematics-driven savings, Nationwide is a strong contender. And if you’re an owner-operator who values personal service, OOIDA and Lancer are hard to beat.
The best insurance company for your commercial truck is the one that fits your unique needs, offers the right coverage at a fair price, and stands by you when it matters most. Take the time to compare quotes, read reviews, and ask questions—your business depends on it.
Ready to hit the road with confidence? Start with these top-rated insurers, and you’ll be well on your way to safer, smarter trucking in 2025 and beyond.
Looking for a quote or more personalized advice? Reach out to one of these providers or consult with an independent insurance agent who specializes in commercial trucking. Safe travels!