Commercial vehicle insurance provides coverage for liability and property. Liability coverage includes bodily injury, property damage, legal fees, and pollution clean-up coverage. The property or physical damage components include collision coverage and damage. Comprehensive coverage includes a wide range of damages caused by natural calamities, theft, vandalism, fire, glass breakage, or falling objects. It is essential to consider the premium, customer service, customer reviews, and a company’s financial strength before deciding on an insurer.

To help you choose ideal commercial vehicle insurance, here is a list of companies that offer good coverage, best features, offer competitive rates, and good reviews:

Progressive

Progressive, present in 50 states, is one of the largest commercial auto insurance companies. They offer extensive coverage options for cars, SUVs, vans, and multiple types of trucks and tractors. Progressive is pay-as-you-drive, usage-based insurance reducing significant savings on premiums. It offers standard coverage for liability, physical damage, personal injury, underinsured/uninsured motorist coverage, and medical bill payments. In addition, it offers specialized coverage for hired, non-owned auto and rental reimbursements, and trucks. You can adjust coverage for peak and non-peak seasons if you are a fleet owner. You can avail of discounts for safe driving, full payment, or buying insurance bundles. You can change your coverage anytime without any fee or penalty. However, you cannot buy insurance online and have to go through an agent.

Nationwide

Nationwide commercial auto policy covers liability, physical damage, medical payments, collision, uninsured and comprehensive insurance. You can opt for optional features like car replacement, roadside assistance, and rental reimbursement. You can also include add-ons like medical payments, commercial gap coverage, and personal injury protection for drivers. Nationwide provides coverage for cars, different types of trucks, and cargo vans. Though you can get a quote online, you have to work with a broker to buy a policy. The company is rated high on reviews and customer service, and they operate in 48 states. You can buy insurance only through an agent. However, you can submit claims either through phones or online. Nationwide ranks high on customer satisfaction

The Hartford

The Hartford is a 200-year company and operates in 50 states and the District of Columbia. It is the best-suited policy for fleets of five or more vehicles and offers bodily injury and property damage liability, collision and comprehensive coverage, uninsured and underinsured motorist coverage, medical payments, and personal injury protection. You can also get additional free coverage like protection for non-owned, hired, leased, or loaned vehicles. You can also get glass repair deductible waivers and coverage for electronic devices. It offers discounts when you insure multiple vehicles or make full payment. You can request a quote online and can make claims throughout the day, through phone or online.

Liberty Mutual

Liberty Mutual, functional for a century and operational in 50 states and the District of Columbia, offers liability, collision, and comprehensive coverage auto plan. It also covers medical payments, personal injury protection, and uninsured and underinsured protection. Add-on coverage includes deductible funds, a new car replacement guarantee, better car replacement, roadside assistance, gap coverage, and original parts replacement. It offers discounts and rewards for safe drivers, homeowners, good students, a well-maintained vehicle, vehicles with advanced safety features, vehicles that use alternative energy and have been accident-free.

Geico

For seven decades, Geico has been in the auto insurance business for personal and commercial vehicles. It offers coverage for bodily injury, property damage, physical injury, personal injury, uninsured motorist, and collision. You can customize the coverage needs to suit your business and the number of vehicles you own. Geico offers coverage for cars, vans, and various commercial trucks, except for semi-trucks and tractors. Geico is a highly rated company, and ranks high on customer satisfaction. It offers lower rates than other companies and offers a usage-based insurance discount. They offer discounts for multi-policy, multi-vehicle, new vehicles, good drivers, military discounts, and vehicles that fit with anti-lock brakes, airbags, and anti-theft or daytime running lights.