The companies on this list provide various insurance coverage options, including liability, medical payments, comprehensive, collision, and uninsured/underinsured motorist protection. You may save money on your monthly premium for commercial vehicle insurance by combining it with other types of company insurance, just as you can with private passenger insurance.

Progressive Commercial

With diverse products and options, Progressive is the nation's most successful and biggest commercial vehicle insurer. There are several forms of coverage, including liability, physical damage, uninsured motorist, hired vehicle, auto, and non-owned coverage. In addition, Progressive may provide coverage for various vehicles, including commercial autos, lorries, and trailers.

Progressive's commercial auto insurance coverage allows for a great deal of personalization. Even if you need to cover more or fewer cars at different periods of the year, the firm will allow you to modify your policy to consider seasonal shifts. This is a really helpful feature.

Commercial drivers with valid CDLs are eligible for savings on Progressive's commercial vehicle insurance, as do customers who bundle several policies or make payments by electronic funds transfer. You are eligible for additional savings if you insure your business and personal vehicles with Progressive.

According to the company's website, the typical monthly cost for commercial vehicle insurance from Progressive is $205 for a business auto. The cost, on average, is $196 per month for independent freelancers. However, it is important to remember that Progressive's insurance policy rates may change depending on whether you purchase them online or over the phone with a representative.

AM is a powerful component of Progressive. The NAIC Complaint Index for commercial vehicle insurance is 0.67, below the national median. The company has the best rating possible of A+. Yet, the company's most recent rating from J.D. Power for customer satisfaction with vehicle claims is just 861 out of 1,000, much lower than the average for the industry.

Nationwide

We went with Nationwide because it provides various coverage choices, including liability coverage, comprehensive and collision coverage, and protection against uninsured and underinsured drivers. In addition, it allows you to extend your coverage with endorsements such as roadside assistance, new car replacement, coverage for auto loans or leases, and rental reimbursement.

The telematics solution that Nationwide offers to small companies is known as Vantage 360. It enables you to manage a fleet of cars and track drivers' routes and activities. Individual drivers have the opportunity to accumulate points for exemplary driving conduct, which may then be redeemed for gift cards at a later date.

A 47% reduction in the number of claims filed by drivers nationwide who utilize telematics applications. And business customers who opt into Vantage 360 may be entitled to a 10% discount on some coverages, provided that they take a recorded trip within the first 45 days of enrolling in the program. Protection is offered for various vehicles, including automobiles, lorries, and vans.

When you insure your commercial vehicles with Nationwide, you can also purchase business owners' insurance, workers' compensation insurance, general liability insurance, and umbrella insurance. We discovered that even though the firm offers an online quotation tool, you will not always get a price until you phone the company's sales staff. In a similar vein, if you wish to purchase insurance, you are required to speak with an agent.

Your insurance policy may be tailored to your specific needs with the help of Nationwide's many available alternatives. A few examples of these add-ons, which Nationwide refers to as endorsements, include:

• Extended towing and labor coverage.
• Rental reimbursement.
• Coverage for the gap in a vehicle loan or lease.

The Hartford

FleetAhead, a telematics program offered by The Hartford, is a tool for developing drivers and helps small business owners become eligible for savings on their auto insurance premiums. The program develops a baseline for drivers depending on their behavior on the road. It can provide recommendations for coaching tactics to assist drivers in improving their performance based on that baseline. Also, drivers get feedback while they are driving, which assists in the reduction of dangers in the present moment.

Hartford is among the most reputable and well-known brands in the world of insurance, and for a good reason. The insurance provider has operated for over 200 years and focuses mostly on providing coverage for commercial vehicle fleets used by businesses. It provides many services, including compensation for rented vehicles, downtime costs, and towing and roadside assistance coverage. Its network of over 1,000 auto repair shops makes it easy to take care of repairs regardless of where you are by providing convenient access to repair services.