NEXT Insurance (Progressive Commercial) delivers the cheapest commercial truck insurance at $41 monthly with a perfect affordability score of 5 out of 5. Three insurers price between $48 and $49 monthly. These near-lowest rates give you backup options if your first choice declines coverage.
Cheapest Commercial Truck Insurance
NEXT Insurance offers the cheapest commercial truck insurance at $41 monthly, beating biBERK's $48 and Nationwide's $49.
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Updated: October 23, 2025
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Cheap Commercial Truck Insurance: Key Takeaways
NEXT Insurance 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.
Cheapest Commercial Truck Insurance Companies
| NEXT Insurance (Progressive Commercial) | $41 | 5 |
| biBERK | $48 | 4.27 |
| GEICO | $49 | 4.22 |
| Nationwide | $49 | 4.19 |
| The Hartford | $50 | 4.04 |
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Industry
State
Cheapest Commercial Truck Insurance By Coverage Level
NEXT Insurance beats everyone on price, with state minimum coverage starting at $41 monthly and full coverage at $169. Nationwide runs a close second, especially in the Midwest, while The Hartford costs more but delivers better customer service.
Data filtered by:
$1,000,000 CSL (Combined Single Limit) Liability
| NEXT Insurance (Progressive Commercial) | $162 | $1,948 |
| Nationwide | $164 | $1,967 |
| The Hartford | $180 | $2,155 |
| GEICO | $192 | $2,301 |
| biBERK | $253 | $3,039 |
Cheapest Commercial Truck Insurance By State
Vermont has the cheapest commercial truck insurance at $284 monthly, followed by New Hampshire at $300 and Idaho at $309. NEXT Insurance offers the lowest rates in 31 states, including Pennsylvania, where rates start as low as $41 monthly for pickup trucks with state minimum coverage.
Data filtered by:
Alabama
| The Hartford | $74 | $890 |
| NEXT Insurance (Progressive Commercial) | $90 | $1,083 |
| GEICO | $90 | $1,084 |
| Nationwide | $91 | $1,096 |
Cheapest Commercial Truck Insurance By Vehicle Model
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. NEXT Insurance offers the lowest rates across all seven vehicle types.
Data filtered by:
Box Truck
| NEXT Insurance (Progressive Commercial) | $54 | $651 |
| Nationwide | $59 | $710 |
| The Hartford | $64 | $773 |
| biBERK | $65 | $776 |
| GEICO | $66 | $793 |
How To Get The Cheapest Commercial Truck Insurance
On average, commercial truck insurance costs $437 monthly, but you can reduce your premium with five proven strategies. These tactics can save you hundreds to thousands annually without cutting coverage.
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.
Low Cost Commercial Truck Insurance: Bottom Line
NEXT Insurance offers the cheapest rates, starting at $41 monthly 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. Ask about discounts for safety features and clean driving records to maximize your savings.
Affordable Commercial Truck Insurance: FAQs
Here's what truck owners ask most about affordable commercial truck insurance:
How much does the cheapest commercial truck insurance cost per month?
NEXT Insurance averages $184 monthly for state minimum coverage, with rates starting at $41 in the cheapest states. Pennsylvania drivers pay around $101 monthly, while Michigan runs 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.
What's the cheapest state for commercial truck insurance?
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.
Who offers the cheapest commercial box truck insurance in 2025?
NEXT Insurance (Progressive Commercial) 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.
What's the minimum liability coverage required for commercial trucks?
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.
Can new trucking companies get cheap commercial truck insurance?
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.
How can I lower my commercial truck insurance costs?
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%.
Do I need physical damage coverage for my paid-off truck?
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. 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.