Cheapest Commercial Auto Insurance

Progressive Commercial ranks as the cheapest commercial auto insurer for the widest range of business types in MoneyGeek's analysis. Transportation, wholesale and hospitality businesses see the strongest savings with the company with savings of up to 31% depending on your specific industry area. Those who operate food trucks, taxis and limos also see substantial over 25% compared to their vehicle type averages.

Cheapest commercial auto insurance for these business profiles:

• General industries most often cheapest for: Childcare Services, Cleaning Services, Construction & Contracting, Education, Food & Beverage, Hospitality, Travel & Tourism, Manufacturing, Nonprofit & Associations,, Other Professional Services, Pet Care Services, Repair & Maintenance, Retail & Product Rental, Transportation & Logistics, Wholesale & Distribution
  • Sub-Industries With Exceptional Savings (Over 30%): In-Home Daycare, Electronics Assembly, Auto Parts Shop, Grocery Store (Small/Independent), Private School, Circus, Ambulance Services
    Ice Cream Truck, Party bus, Specialty Food Store, Charter Bus Service, Homeless Shelter, Youth Sports League, Window Treatment Store, Paramedic, Film/Video Production, EMT, E-commerce (With Warehouse), Mobile Dog Grooming, Furniture Store, Daycare Center, Florist Shop, Hardware Store, Antique Store, Food Bank, Hood Cleaning Service, Catering Service, Liquor Store, Brewery/Microbrewery, Window Cleaning, Bakery Manufacturing, Carpet Cleaning, Mobile Catering, Appliance Repair, Funeral Home, Air Duct Cleaning, Hotel, Gutter Cleaning, Pressure Washing, Vending Machine Service, Metal Fabrication, Drain Cleaning Service, Chimney Sweep
• Vehicle types most often cheapest for: Taxis, Limos, Food Trucks, Vans, Pickup Trucks
• States/Regions most often cheapest in:
  • Northeast: Maine, New Hampshire, Vermont, West Virginia
  • Southeast: Alabama, Kentucky, Mississippi, Tennessee
  • South: Arkansas, Louisiana, Oklahoma, Texas
  • Midwest: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin
  • West: Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, Wyoming

White-collar and service businesses see the strongest rate advantage with GEICO. Financial service saves the most with rates 21% lower compared to industry averages, with consulting, marketing and wellness categories also pricing well below national averages. The company also offers exceptional rates for shuttle services with savings of around 31% compared to competitive benchmarks.

Cheapest commercial auto insurance for these business profiles:

• General industries cheapest for: Consulting Services, Financial Services, Healthcare & Medical, Marketing & Communications, Recreation & Sports
  • Sub-Industries With Exceptional Savings (Over 25%): Shuttle Service, Basketball Player/Coach/Club, Pottery Studio, Shoe Store, Hostel, Community Center, Pharmacy Technician, Podiatry Practice, Lash Artist, Staffing Agency, Accounting Firm, Esthetician Services, Sporting Goods Store, HR Consultant, Physician Assistant, Marketing Consultant, Payroll Services, Psychiatrist, Tire Shop, Office Stationery/Supply Store, Oil Change/Quick Lube, Plant Nursery
• Vehicle types cheapest for: Sedans, SUVs and farm tractors
• States/Regions cheapest in:
  • Northeast: CT, MA, NJ, NY, PA, RI
  • South: DC, FL, MD, VA
  • West: CA, WA

Nationwide doesn't win for any specific area of business for our general categories or in particular states and primarily earned its third-place spot for consistently mid-tier pricing. However, when examining the sub-industry level, baseball clubs, locksmithing services and clothing stores can take advantage of pricing that is 29% or more lower than national averages.

Cheapest commercial auto insurance for these business profiles:

• Sub-Industries cheapest for: Baseball Club, Clothing Store, Locksmith Services, Football Player/Coach/Club, Pet Supply Store, Electronics Store, Laundromat, Clothing Manufacturing, Motel, Bicycle Shop, Ice Cream Shop, First Aid and CPR Instructor, Event Planning, Computer Repair Shop, Deli/Sandwich Shop, Nightclub

biBERK is a pricing specialist for very specific industry areas, sporting the best savings for tech, beauty and fitness related organizations (up to 25% in savings). Their rates are also very competitive in the arts/media, agriculture and real estate/property service spaces. Past these areas, their low pricing performance steeply falls off.

Cheapest commercial auto insurance for these business profiles:

• General industries cheapest for: Agriculture & Natural Resources, (Arts, Media & Entertainment), (Beauty, Body & Wellness Services), Fitness Services, Real Estate & Property Services, Tech/IT
  • Sub-Industries with excellent savings (Over 25%): Non-Emergency Medical Transport, Recording Studio, Art Gallery, Baloon Artist/Twister, Holistic Health Practice, Photography, Artist Studio, Nail Salon, Cosmotologist, Travel Agent, Dance Instructor, Independent Publisher, Yoga Studio/Instructor, Tattoo Shop, Music Store, Tanning Salon, Aeorobics Class/Instructor, Gym/Fitness Center, Aerial Yoga Studio/Instructor Insurance, Small Museum, Pilates Class/Instructor, Massage Therapy, Boxing Gym, Indoor Rock Climbing, Dry Cleaners, Spa/Day Spa, Beauty Salon, Henna, Paintball Field, Parkour Gym, Driving Range, Book Store

The Hartford is the most expensive company on our list and is not the cheapest provider for the vast majority companies. Even so, their performance is better in the northeast and central regions, and they have the lowest rates for a single industry (Dietary Supplement Manufacturing) with savings up to 19% being possible.