The Hartford earned our top spot for the best small business insurer for trucking companies due to its affordability and coverage. However, we recommend comparing quotes from our other top picks, including NEXT, biBerk and Simply Business.
Best Trucking Business Insurance
Updated: July 17, 2025
Advertising & Editorial Disclosure
Key Takeaways
The Hartford is the best business insurance company for trucking firms because it offers the greatest balance of affordability and customer service.
The Hartford offers competitive commercial insurance rates for trucking businesses, leading in professional liability coverage.
To shop for business insurance for your trucking business, assess the risks in your industry, consult agents and other similar organizations and compare multiple options.
Best Business Insurance for Trucking Companies
| The Hartford | 96 | 98 | 91 |
| NEXT Insurance | 95 | 95 | 94 |
| biBERK | 93 | 96 | 91 |
| Simply Business | 90 | 91 | 83 |
| Coverdash | 90 | 91 | 83 |
| Progressive Commercial | 88 | 91 | 81 |
| Nationwide | 88 | 83 | 91 |
| Thimble | 86 | 88 | 81 |
| Hiscox | 86 | 87 | 87 |
| Chubb | 85 | 80 | 87 |
*All scores were based on a trucking business with two employees across professional liability, general liability, workers' comp and BOP policies.
1. The Hartford
pros
Cheapest overall rates
Extensive experience with over 200 years in the industry
Highest financial stability ratings
cons
Less affordable for workers' comp policies
COMPANY HIGHLIGHTS
The Hartford earned the top position in our trucking business insurance rankings, with competitive rates and strong customer service. For trucking operations, the company offers strong value with competitive rates across essential coverage types, while providing particularly attractive commercial auto and liability insurance that covers the unique risks of freight transportation, vehicle operations and cargo handling.
The Hartford's excellent customer service earned strong ratings from over 10,000 business owners across various industries, while its A+ from AM Best ensures trucking companies can rely on dependable claims processing when coverage is most needed for their operations.
2. NEXT
pros
Best customer service experience
Reasonable rates for most coverage types
Large coverage selection
cons
Slower quote times than competition
Lower financial stability ratings
COMPANY HIGHLIGHTS
NEXT earned the runner-up position as a business insurance provider for trucking companies, with strong customer service, competitive pricing and comprehensive coverage tailored to transportation operations. Although the company has less than a decade in the insurance industry, NEXT earned a 4.7 out of 5.0 customer rating from over 3,000 policyholders.
The insurer ranks third for affordability, with annual general liability coverage starting at $88 per month, making it an attractive option for trucking companies that need robust protection for their drivers and the complex operational risks associated with freight transportation and vehicle management.
3. biBerk
pros
Online convenience
Most affordable rates for general liability and BOP insurance
cons
Not available in every state
Online-only customer support with no phone representatives
Fewer coverage options than other insurers
COMPANY HIGHLIGHTS
biBerk earned third place in the trucking business insurance market with streamlined coverage solutions designed for transportation operations. The company offers competitive rates for essential protections like commercial auto and general liability insurance, helping trucking companies secure necessary coverage against industry-specific risks while maintaining manageable premium costs.
biBerk's straightforward digital platform appeals to trucking operators who value efficient processes and transparent pricing, making it an attractive choice for companies seeking reliable insurance coverage without unnecessary administrative complexity.
Cheapest Business Insurance for Trucking Firms
Our study shows competitive rates across providers, with different insurers leading in different coverage types. This applies to trucking companies with two employees, and you may find lower rates elsewhere.
Cheapest General Liability Insurance for Trucking Companies
With an average monthly rate of $85, biBerk offers the lowest-cost general liability insurance for trucking companies. Still, get quotes from the next-most-affordable insurers: NEXT and The Hartford.
| biBERK | $85 | $1,022 |
| NEXT Insurance | $88 | $1,055 |
| The Hartford | $88 | $1,050 |
| Coverdash | $101 | $1,217 |
| Simply Business | $101 | $1,218 |
| Progressive Commercial | $105 | $1,263 |
| Thimble | $112 | $1,348 |
| Hiscox | $115 | $1,382 |
| Nationwide | $117 | $1,406 |
| Chubb | $130 | $1,555 |
Cheapest Workers' Comp Insurance for Trucking Companies
For trucking businesses shopping for workers' comp insurance, Thimble tops our list as the most affordable insurer, with average rates of $115 per month or $1,385 yearly. However, you may find more affordable rates with Progressive Commercial, Hiscox, Simply Business and The Hartford.
| Thimble | $115 | $1,385 |
| Progressive Commercial | $124 | $1,494 |
| Hiscox | $129 | $1,547 |
| Simply Business | $129 | $1,543 |
| The Hartford | $131 | $1,570 |
| Coverdash | $132 | $1,584 |
| NEXT Insurance | $134 | $1,613 |
| biBERK | $136 | $1,631 |
| Nationwide | $145 | $1,738 |
| Chubb | $155 | $1,865 |
Cheapest Professional Liability Insurance for Trucking Companies
The Hartford offers the most affordable professional liability insurance options for trucking companies, with low average monthly rates of $99. You may also want to compare prices from other low-cost providers like NEXT, Progressive Commercial and Simply Business.
| The Hartford | $99 | $1,189 |
| NEXT Insurance | $103 | $1,234 |
| Progressive Commercial | $105 | $1,263 |
| Hiscox | $110 | $1,317 |
| Simply Business | $110 | $1,319 |
| Thimble | $111 | $1,328 |
| Coverdash | $113 | $1,350 |
| biBERK | $115 | $1,375 |
| Nationwide | $119 | $1,430 |
| Chubb | $129 | $1,547 |
Cheapest BOP Insurance for Trucking Companies
For those seeking combined general liability and property insurance in a business owner’s policy (BOP), biBerk offers the lowest average annual rate at $1,331. This is around $2 cheaper yearly than the next cheapest provider, The Hartford.
| biBERK | $111 | $1,331 |
| The Hartford | $111 | $1,333 |
| NEXT Insurance | $127 | $1,526 |
| Coverdash | $147 | $1,759 |
| Simply Business | $152 | $1,823 |
| Progressive Commercial | $157 | $1,889 |
| Hiscox | $173 | $2,071 |
| Thimble | $174 | $2,088 |
| Nationwide | $178 | $2,130 |
| Chubb | $195 | $2,339 |
What Type of Coverage Do You Need for a Trucking Business?
Companies with employees need workers' comp insurance, and businesses that use vehicles must have commercial auto coverage. Many clients or contracts also require businesses to carry general liability insurance before starting work. You might also need a surety bond in certain industries, especially when contracts require guarantees of service or compliance.
RECOMMENDED TRUCKING BUSINESS COVERAGE
We recommend general liability insurance for trucking companies because it covers common risks like bodily injury, property damage and legal defense costs. Professional liability insurance is also a smart option for businesses that work under client contracts or provide specialized services. This coverage becomes especially useful for companies offering specialized services or handling large contracts where the risk of disputes is higher.
Coverage Recommendations by Trucking Company Type
We've broken down coverage needs and risk levels by trucking business type, ordered from highest to lowest risk for claims frequency. Understanding these differences can help businesses choose the right insurance coverage to protect against potential liabilities.
Trucking Company Type | Coverage Types Recommendation | Most Common Insurance Claims | Most Common Reasons For Litigation |
|---|---|---|---|
Long-Haul/OTR Trucking | Commercial Auto Liability ($1M+ federal minimum), Cargo Insurance, Physical Damage, General Liability, Workers' Comp, Motor Truck Cargo, Bobtail/Deadhead, Umbrella Policy ($5M+) | Multi-vehicle highway accidents, cargo theft/damage, jackknife accidents, driver fatigue-related crashes, weather-related accidents, load securement failures, equipment breakdowns | Catastrophic accident wrongful death suits, cargo damage class actions, driver fatigue negligence claims, load securement violation lawsuits, nuclear verdicts from severe accidents, Hours of Service violation penalties |
Hazmat Transportation | Commercial Auto Liability (high limits), Hazmat Coverage, Environmental Liability, Pollution Liability, General Liability, Workers' Comp, Cargo Insurance, Emergency Response, Umbrella Policy ($25M+) | Hazmat spills during transport, chemical exposure incidents, transportation accidents with dangerous goods, environmental contamination, driver chemical burns, emergency response costs | Environmental contamination class actions, toxic exposure lawsuits, hazmat accident wrongful death suits, cleanup cost recovery litigation, regulatory enforcement (DOT/EPA), neighboring property damage claims |
Local Delivery/LTL | Commercial Auto Liability, Cargo Insurance, Physical Damage, General Liability, Workers' Comp, Garage Liability, Customer Property Coverage, Umbrella Policy ($2M+) | Urban traffic accidents, delivery driver injuries, package theft/damage, backing accidents, slip/fall at delivery locations, cargo handling injuries, customer property damage | Urban accident injury lawsuits, cargo damage disputes, delivery driver injury claims, customer property damage suits, pedestrian accident litigation, backing accident liability |
Flatbed/Heavy Haul | Commercial Auto Liability (high limits), Cargo Insurance, Physical Damage, General Liability, Workers' Comp, Specialized Equipment Coverage, Crane/Loading Coverage, Umbrella Policy ($10M+) | Load securement failures, oversized load accidents, crane/loading accidents, equipment damage from heavy cargo, driver injuries from load handling, permit violation incidents | Load shift accident lawsuits, oversized load collision litigation, crane accident wrongful death suits, equipment damage claims, load securement violation penalties, infrastructure damage lawsuits |
Refrigerated Transport | Commercial Auto Liability, Cargo Insurance (temperature-sensitive), Physical Damage, General Liability, Workers' Comp, Temperature Control Coverage, Spoilage Coverage, Umbrella Policy ($5M+) | Temperature control failures causing spoilage, refrigeration unit breakdowns, foodborne illness from temperature excursions, cargo contamination, driver injuries from equipment, fuel spills | Temperature excursion class actions, foodborne illness lawsuits, spoilage damage claims, refrigeration failure litigation, food contamination suits, supply chain disruption damages |
Auto Haulers | Commercial Auto Liability, Cargo Insurance (vehicle-specific), Physical Damage, General Liability, Workers' Comp, Garagekeepers, Loading/Unloading Coverage, Umbrella Policy ($10M+) | Vehicle damage during loading/unloading, car carrier accidents, theft of high-value vehicles, loading equipment failures, driver injuries from loading operations, multi-vehicle cargo damage | High-value vehicle damage lawsuits, car carrier accident litigation, vehicle theft liability claims, loading accident injury suits, luxury vehicle damage disputes, dealership property damage claims |
Owner-Operators | Commercial Auto Liability, Physical Damage, Cargo Insurance, Bobtail/Deadhead, Non-Trucking Liability, Occupational Accident, General Liability, Umbrella Policy ($2M+) | Single-truck accidents, cargo damage claims, equipment breakdowns, driver medical emergencies, personal injury from loading, theft of truck/cargo, breakdown coverage needs | Single-truck accident lawsuits, cargo damage disputes, equipment failure claims, driver injury liability, theft recovery litigation, lease agreement violation suits |
How to Get the Best Cheap Business Insurance for Your Trucking Company
Follow the steps below to find the best and cheapest business insurance for a trucking business.
- 1
Decide on coverage needs before buying
Think about what could go wrong in your trucking business, get advice from similar businesses, talk to agents and research the types of business insurance. This helps you understand your coverage needs and prevents you from buying excessive coverage.
- 2
Research costs
Research average costs for your business profile and find which providers offer the cheapest rates overall. This gives you a reference point for how much you're saving when comparing quotes and which companies to start with.
- 3
Look into company reputations and coverage options
Research what customers say on online rating sites and forums to get a better look at company services. Also, check coverage options to make sure you're covered for the right items, both now and as your business grows.
- 4
Compare multiple quotes through different means
The best way to find a good deal is to compare multiple quotes for the same coverage. Pricing changes based on your comparison method, whether with captive agents, comparison sites, company websites or independent agents.
- 5
Reassess annually
Your business will change, affecting your rates and coverage needs. Repeat these steps annually to ensure you still have the best deal.
How to Decrease Your Trucking Business's Liability Risk
Reducing liability risks helps manage insurance costs in the trucking industry. We've organized practical risk mitigation strategies by business type and risk level to help you navigate your options effectively.
Trucking Business Risk Type | Included Types of Trucking Businesses | Risk Mitigation Tactics |
|---|---|---|
Highest | Hazardous materials transport, oversized/overweight loads, long-haul interstate operations, petroleum/chemical hauling, refrigerated transport, livestock transport |
|
Moderately high | Regional freight transport, construction equipment hauling, food/beverage distribution, furniture/appliance delivery, auto transport services |
|
Moderate | Local delivery services, moving companies, small package delivery, retail supply transport, construction materials delivery |
|
Moderately low | Light cargo delivery, courier services, same-day delivery, non-commercial transport, owner-operator services |
|
Lowest | Transportation consulting, freight brokerage, logistics planning, trucking dispatch services, fleet management consulting |
|
Best Insurance for Trucking Business: Bottom Line
The Hartford is the best insurer for trucking business insurance, offering both top-rated coverage and the most affordable rates. We also recommend getting quotes from NEXT, biBerk and Simply Business. For the best deal, talk to agents, research providers and pricing and compare multiple quotes side by side.
Trucking Business Insurance: FAQ
Below, we answer common questions about trucking business insurance.
Who offers the best trucking business insurance overall?
The Hartford tops the list for trucking business insurance with its outstanding customer service and an overall MoneyGeek score of 96 out of 100. NEXT Insurance follows closely with a score of 95.
Who has the cheapest business insurance for trucking companies?
Here are the most affordable business insurance options for trucking companies by coverage type:
- General liability insurance: biBerk at $85 monthly
- Workers' comp insurance: Thimble at $115 monthly
- Professional liability insurance: The Hartford at $99 monthly
- BOP insurance: biBerk at $111 monthly
What business insurance is required for trucking organizations?
Workers' compensation insurance (if you have employees) and commercial auto insurance (if you own business vehicles) are legally required for trucking businesses, with requirements varying by state. While not legally mandated, general liability insurance and surety bonds are effectively required by most commercial clients and property leases.
How much does trucking business insurance cost?
Business insurance costs for trucking businesses vary depending on the type of coverage. Below are the average monthly costs from our study:
- General liability: $104 per month
- Workers comp: $133 per month
- Professional liability: $111 per month
- BOP insurance: $153 per month
How We Chose the Best Trucking Business Insurance
We selected the best business insurer for trucking companies based on the following criteria:
- Affordability (50% of score): The lower a company's costs compared to the competition based on our base profile for four core coverage types, the better it performs.
- Customer service (30% of score): We scored providers on overall customer satisfaction using industry studies, customer review forum ratings and public forum sentiment analysis from sites like Reddit.
- Coverage (15% of score): We scored business insurance for this category based on the flexibility, payment and actual coverage options.
- Financial stability (5% of score): Using financial stability industry ratings from companies like AM Best and Moody's, we created an overall rating to judge how likely a company is to pay out claims compared to the competition.
All pricing in this article is based on the following base profile to represent the vast majority of small businesses in all states:
- Three-person business with two employees
- Coverage: $1 million per occurrence and $2 million total per year for all but BOP, which includes the same coverage plus $5,000 of business property coverage
- $150,000 in payroll
- $300,000 annual revenue
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!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- AM Best. "Hartford Fire Insurance Company." Accessed June 16, 2025.
- NEXT. "Customer Reviews." Accessed June 16, 2025.