ERGO NEXT offers the cheapest commercial truck insurance at $41 monthly, beating biBerks' $48 and Nationwide's $49.
Compare quotes from multiple insurers to find your best rate.
Updated: February 1, 2026
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ERGO NEXT rates start at $41 monthly and average $402 across all coverage levels, beating competitors by $35 per month, based on MoneyGeek's analysis.
Your truck type, state and driving record affect premiums. Pickup trucks cost $209 monthly, while tanker trucks with HAZMAT cargo average $959.
You can get cheap commercial truck insurance by increasing your deductible, bundling multiple vehicles and maintaining a clean driving record.
ERGO NEXT offers the cheapest commercial truck insurance at $293 monthly for state minimum coverage. The Hartford and Nationwide follow at $315 and $324 monthly.
State minimum policies meet legal requirements but expose you to major liability costs. Compare minimum and comprehensive coverage quotes to balance affordability with protection for your trucking business.
| ERGO NEXT | $293 | $3,511 |
| The Hartford | $315 | $3,785 |
| Nationwide | $324 | $3,885 |
| GEICO | $327 | $3,922 |
| biBERK | $367 | $4,401 |
Note
Rates shown represent average monthly and annual premiums for state minimum commercial truck insurance based on MoneyGeek's 2025 analysis. Your actual costs vary based on truck type, cargo, driving record, coverage limits and location. Compare quotes from multiple insurers for accurate pricing specific to your trucking operation.
Select your industry and state to get a customized quote.
ERGO NEXT offers the lowest rates for commercial truck insurance, starting at $387 monthly. Nationwide and The Hartford follow at $428 and $417 monthly. Compare quotes from multiple insurers since rates vary by 30% or more based on your truck's use, driving record and location. Businesses with clean safety records qualify for the best rates.
| GEICO | $432 | $5,184 |
| ERGO NEXT | $387 | $4,639 |
| Nationwide | $428 | $5,139 |
| The Hartford | $417 | $5,004 |
| biBERK | $488 | $5,857 |
Note
Rates shown represent average monthly and annual premiums for commercial truck insurance based on MoneyGeek's 2025 analysis. Your actual costs will vary based on your truck type, cargo, driving history, coverage limits and location. Compare quotes from multiple insurers for accurate pricing.
Vermont has the cheapest commercial truck insurance at $284 monthly, followed by New Hampshire at $300 and Idaho at $309. ERGO NEXT offers the lowest rates in 31 states, including Pennsylvania, where rates start as low as $41 monthly for pickup trucks with state minimum coverage.
| Alabama | The Hartford | $74 | $890 |
| Alaska | ERGO NEXT | $139 | $1,673 |
| Arizona | ERGO NEXT | $74 | $890 |
| Arkansas | The Hartford | $80 | $961 |
| California | ERGO NEXT | $96 | $1,149 |
| Colorado | ERGO NEXT | $78 | $939 |
| Connecticut | ERGO NEXT | $98 | $1,171 |
| Delaware | The Hartford | $68 | $816 |
| Florida | ERGO NEXT | $104 | $1,251 |
| Georgia | ERGO NEXT | $83 | $991 |
| Hawaii | ERGO NEXT | $50 | $598 |
| Idaho | ERGO NEXT | $62 | $743 |
| Illinois | ERGO NEXT | $86 | $1,037 |
| Indiana | ERGO NEXT | $80 | $965 |
| Iowa | Nationwide | $54 | $644 |
| Kansas | Nationwide | $79 | $946 |
| Kentucky | The Hartford | $82 | $988 |
| Louisiana | The Hartford | $79 | $951 |
| Maine | ERGO NEXT | $112 | $1,347 |
| Maryland | GEICO | $95 | $1,135 |
| Massachusetts | ERGO NEXT | $94 | $1,129 |
| Michigan | ERGO NEXT | $145 | $1,745 |
| Minnesota | ERGO NEXT | $82 | $985 |
| Mississippi | ERGO NEXT | $81 | $970 |
| Missouri | ERGO NEXT | $91 | $1,097 |
| Montana | The Hartford | $71 | $852 |
| Nebraska | Nationwide | $76 | $908 |
| Nevada | ERGO NEXT | $81 | $977 |
| New Hampshire | ERGO NEXT | $69 | $825 |
| New Jersey | GEICO | $97 | $1,164 |
| New Mexico | ERGO NEXT | $66 | $796 |
| New York | ERGO NEXT | $92 | $1,101 |
| North Carolina | ERGO NEXT | $88 | $1,051 |
| North Dakota | The Hartford | $72 | $860 |
| Ohio | ERGO NEXT | $82 | $989 |
| Oklahoma | The Hartford | $78 | $942 |
| Oregon | ERGO NEXT | $79 | $951 |
| Pennsylvania | ERGO NEXT | $41 | $492 |
| Rhode Island | ERGO NEXT | $99 | $1,190 |
| South Carolina | ERGO NEXT | $84 | $1,002 |
| South Dakota | Nationwide | $90 | $1,080 |
| Tennessee | The Hartford | $74 | $885 |
| Texas | ERGO NEXT | $105 | $1,258 |
| Utah | ERGO NEXT | $80 | $962 |
| Vermont | Nationwide | $54 | $652 |
| Virginia | ERGO NEXT | $89 | $1,071 |
| Washington | ERGO NEXT | $75 | $905 |
| West Virginia | The Hartford | $82 | $978 |
| Wisconsin | Nationwide | $63 | $754 |
| Wyoming | The Hartford | $79 | $945 |
Note
Rates shown represent average monthly premiums for commercial truck insurance by state based on MoneyGeek's 2025 analysis. Your actual costs vary based on truck type, cargo, driving record, coverage limits and local regulations. State averages don't reflect individual circumstances. Compare quotes from multiple insurers licensed in your state for accurate pricing.
Pickup trucks cost the least to insure at $209 monthly on average, with rates starting as low as $41 for state minimum coverage. HAZMAT tankers run $959, nearly five times more. ERGO NEXT offers the lowest rates across all seven vehicle types.
| ERGO NEXT | $54 | $651 |
| Nationwide | $59 | $710 |
| The Hartford | $64 | $773 |
| biBERK | $65 | $776 |
| GEICO | $66 | $793 |
Note
Rates shown represent average monthly and annual premiums by vehicle model based on MoneyGeek's 2025 analysis. Your actual costs vary based on truck age, condition, mileage, cargo type, driving record, coverage limits and location. Vehicle model is one of many factors insurers consider. Compare quotes from multiple insurers for accurate pricing.
You can reduce your commercial truck insurance quote with five proven strategies.
Compare at least three quotes to find rates ranging from $200 to $500 monthly. Companies like Progressive Commercial and GEICO price identical coverage differently based on their risk models.
Keep your driving record clean for three years. Just one accident can raise your commercial truck insurance by 20% to 40%, while a spotless record qualifies you for safe driver discounts.
Raise your deductible to $1,000 or higher to cut your monthly premium by 10% to 25%. If you file a claim, you'll pay more, but the annual savings can reach $1,500 or more.
Bundle your policies with one insurer. Adding cargo coverage or general liability to your truck insurance can save 10% to 15% compared to buying separate policies.
Pay annually instead of monthly to save 13% or more. A $10,000 policy costs $8,700 when paid upfront, saving you $1,300 yearly with many insurers.
ERGO NEXT offers the most affordable rates, starting at $41 per month for state minimum coverage and averaging $402 across all coverage levels.
Commercial truck insurance protects your business by covering vehicle repairs, medical expenses and liability claims after accidents. Inquire about discounts for safety features and a clean driving record to maximize your savings.
Answers to questions about affordable commercial truck insurance:
ERGO NEXT averages $184 monthly for state minimum coverage, with rates starting at $41 in the cheapest states. Pennsylvania drivers pay around $101 monthly, while Michigan has the highest at $382. Owner-operators running under their own authority pay $1,167 to $1,833 monthly, compared to $300 to $400 for those leased to carriers.
For state minimum coverage, Pennsylvania has the cheapest commercial truck insurance at $101 monthly. Hawaii ranks second at $107, followed by Vermont at $111 and Iowa at $117. Across all coverage types, Vermont is the cheapest at $284 monthly. Michigan is the most expensive at $382 monthly, with Alaska second at $330 and Florida third at $281.
ERGO NEXT offers the cheapest commercial truck insurance at $184 monthly with a 4.60 overall score, based on MoneyGeek's analysis. The Hartford ranks second at $200 monthly with a 4.55 score, followed by Nationwide at $204 monthly. GEICO averages $207 monthly for commercial truck coverage.
The FMCSA requires a minimum liability of $750,000 for non-hazardous cargo over 10,001 pounds. Non-hazardous freight under 10,001 pounds needs just $300,000. Oil transport requires $1 million, while hazardous materials need $5 million. Most brokers require $1 million coverage regardless of cargo type.
New authorities pay $12,000 to $18,000 annually, compared to $9,000 to $15,000 for established owner-operators. You'll save by operating as the driver and maintaining 12 to 24 months of claims-free history. Most insurers limit new ventures to one truck in the first year.
Bundle policies with one provider for 10% to 20% discounts. Install telematics or dash cams to save 10% to 15%. Pay annually instead of monthly to save 13% to 15%, and raise your deductible from $1,000 to $2,500 to cut premiums by 10% to 15%.
Physical damage coverage isn't legally required once you own your truck outright, but experts recommend keeping it. Your truck represents your livelihood, and coverage protects against theft, fire, weather damage and accidents. Combined physical damage insurance costs $1,000 to $3,000 annually.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in 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.
