We evaluated Florida's top commercial auto insurers for affordability, customer service and coverage quality. NEXT Insurance ranks first with a 4.78 score and perfect 5.0 ratings for affordability and coverage.
Best Commercial Auto Insurance in Florida
Florida businesses pay 34% to 39% above the national average for commercial auto insurance. NEXT Insurance offers the lowest rates.
Compare top commercial auto insurance quotes now.
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Updated: November 13, 2025
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Key Takeaways
NEXT Insurance offers the lowest rates among the five major insurers we surveyed in Florida, saving businesses $400 to $2,600 annually.
Average annual costs of commercial auto insurance in Florida are $6,920 for $1M CSL, $6,202 for 100/300/100 and $2,485 for state minimum.
The Hartford offers superior customer service (4.65 rating) and coverage quality (5.0) but costs 3% to 8% more than NEXT.
Best Commercial Auto Insurance Companies in Florida
| NEXT Insurance (Progressive Commercial) | 4.75 | 5.00 | 4.27 | 4.86 | 1 |
| The Hartford | 4.47 | 4.17 | 4.64 | 4.99 | 2 |
| biBERK | 4.37 | 4.19 | 4.36 | 4.80 | 3 |
| Nationwide | 4.36 | 4.19 | 4.44 | 4.66 | 4 |
| GEICO | 4.25 | 4.19 | 4.20 | 4.44 | 5 |
NEXT Insurance offered the lowest rates across all categories among the five major insurers we surveyed in November 2024.
Find the Best Commercial Auto Insurance in Florida
Compare rates from Florida's top-rated insurers and save up to 37% on your premium.
Industry
State
NEXT
Best for Affordability
MoneyGeek Rating
4.8/ 5
5/5Affordability
4.3/5Customer Experience
4.9/5Coverage Points
Average Cost of Full Coverage
$349/monthlyOur Survey: Claims Process
4.4/5Our Survey: Likely to Recommend to Others
4.4/5
The Hartford
Best for Customer Experience
MoneyGeek Rating
4.5/ 5
4.2/5Affordability
4.6/5Customer Experience
5/5Coverage Points
Average Cost of Full Coverage
$417/monthlyOur Survey: Claims Process
4.8/5Our Survey: Likely to Recommend to Others
4.7/5
Cheapest Commercial Auto Insurance Companies in Florida
NEXT Insurance delivers the lowest commercial auto rates in Florida across all industries and vehicle types. With rates starting at $2,589 annually for financial services, NEXT beats The Hartford, Nationwide, GEICO and biBERK consistently across every business category we analyzed.
| NEXT Insurance (Progressive Commercial) | $839 | $70 | 1 |
| Nationwide | $982 | $82 | 2 |
| GEICO | $992 | $83 | 3 |
| The Hartford | $1,003 | $84 | 4 |
| biBERK | $1,005 | $84 | 5 |
Average Cost of Commercial Auto Insurance by Industry
Your industry directly affects what you'll pay for commercial auto insurance in Florida. Financial services businesses pay the lowest rates at $3,026 annually for $1M CSL coverage, while transportation companies pay $11,448. Construction, manufacturing and trucking face the highest premiums due to greater accident risk.
Retry
| Financial Services | $3,026 | $2,710 | 1065 |
| Professional Services | $3,166 | $2,791 | 1143 |
| Medical/Healthcare | $3,283 | $2,388 | 964 |
| Retail | $3,580 | $3,135 | 1239 |
| Cleaning/Janitorial | $3,730 | $2,847 | 1129 |
| Restaurants and Food Delivery | $5,183 | $4,505 | 1832 |
| Agriculture/Farming | $5,481 | $4,327 | 1745 |
| Contractors/Construction | $7,035 | $5,945 | 2388 |
| Manufacturing | $9,865 | $8,094 | 3199 |
| Transportation/Trucking | $11,448 | $11,628 | 4676 |
Note: 100/300/100 rates include comprehensive and collision coverage with $1,000 deductibles, which is why they may exceed CSL-only rates for some industries.
Average Cost of Commercial Auto Insurance in Florida
Florida commercial auto insurance costs rank among the nation's highest. Businesses pay 34% to 39% above the national average, with state minimum liability showing the steepest increase at 39%. High uninsured driver rates, mandatory PIP coverage and frequent hurricanes drive these premiums.
| $1,000,000 CSL (Combined Single Limit) Liability | $577 | $6,920 | -37% |
| 100/300/100 Liability Insurance With $1,000 deductible For Comp and Collision | $517 | $6,202 | -34% |
| State Minimum Liability | $207 | $2,485 | -39% |
Note: Insurance rates vary by location within Florida and are subject to state insurance regulations. Individual quotes may differ significantly based on specific business circumstances, driving records and other rating factors. Some rating factors may be restricted by Florida state law.
How Much Commercial Auto Insurance Do I Need in Florida?
Florida requires just $10,000 in Personal Injury Protection (PIP) and $10,000 in Property Damage Liability. Unlike most states, bodily injury coverage isn't required at the minimum level. One serious accident could exceed these limits, leaving your business liable for the difference.
Most Florida businesses choose higher coverage:
$1 Million CSL
Pays up to $1 million per accident. Average cost: $6,920 annually.
100/300/100 Split Limits
Caps at $100,000 per person, $300,000 per accident, $100,000 property damage. Average cost: $6,202 annually.
State Minimum
Meets legal requirements at $2,485 annually but offers minimal protection.
Vehicles over 26,000 pounds and those carrying hazardous materials or passengers for hire face higher minimums.
How to Choose the Best Commercial Auto Insurance in Florida
Compare quotes from at least three providers. Get rates from NEXT Insurance, The Hartford and one other insurer. Our Florida analysis shows rates vary by $2,000 or more annually for identical coverage.
Gather your business insurance details before shopping.
Have ready: industry type, vehicle information (make, model, year), annual mileage, number of drivers and your claims history from the past five years.
Prioritize coverage over price alone.
The cheapest policy won't help if it excludes critical coverages. Balance affordability with protection for your specific business risks.
Check financial strength ratings.
Choose insurers with A- or better AM Best ratings to ensure they can pay claims. NEXT, The Hartford and Nationwide all maintain strong financial ratings.
Consider agent access vs. digital-only.
NEXT and GEICO offer lower rates with app-based service. The Hartford and Nationwide cost more but provide local agents for complex claims.
Save with these discounts:
- Dashcams: 5% to 15% savings
- GPS tracking: 5% to 10% savings
- Safety training: 5% to 10% savings
- Bundle policies: 10% to 15% savings
- Multi-vehicle: 5% to 25% savings
- $1,000 deductible: 10% to 15% savings
Commercial Auto Insurance in Florida: Bottom Line
Florida's competitive commercial auto insurance market makes comparison shopping essential. Start with NEXT Insurance for the lowest rates, then get quotes from The Hartford if you value premium service and dedicated claims support. Compare at least three providers since your industry and coverage level can create rate differences of thousands of dollars annually.
Commercial Auto Insurance in Florida: FAQ
Here are the most common questions about commercial auto insurance in Florida:
How much does commercial auto insurance cost in Florida?
Florida commercial auto costs $6,920 annually for $1M CSL, $6,202 for 100/300/100 and $2,485 for state minimum. Financial services averages $3,026 while transportation averages $11,448. NEXT Insurance offers rates 12% to 17% below these averages.
Why is Florida commercial auto insurance expensive?
Over 20% of drivers lack insurance, mandatory PIP adds $800 to $1,500 annually, frequent hurricanes increase comprehensive claims and tourist-heavy areas see higher accident rates. These factors push premiums 34% to 39% above the national average.
Which company offers the cheapest commercial auto insurance in Florida?
NEXT Insurance offers the lowest rates among major insurers, saving $400 to $2,600 annually depending on your industry. Transportation saves $1,642, manufacturing saves $1,485, contractors save $995 and taxi businesses save $2,634.
Do I need commercial auto insurance in Florida?
You need commercial coverage if vehicles are business-registered, used for deliveries or service calls, transport goods for profit, operate as taxis or rideshares or display business signage. Personal auto policies won't cover you if you're driving for work.
How can I lower commercial auto insurance costs in Florida?
Dashcams and telematics cut your rates by 10% to 20%. Safety training programs, clean driving records and raising your deductible to $1,000 also reduce costs. Bundling your commercial policies typically saves 10% to 15%, and paying annually instead of monthly saves another 5% to 10%.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.