Best Cheap Car Insurance Company That Accepts Company Cars (2021)

Are you looking for auto insurance companies that accept company cars? Car insurance companies that accept company cars and trucks provide commercial car insurance.

Sometimes commercial auto insurance is known as fleet insurance, which is essential for company cars. But which auto insurance companies have the best coverage?

Don’t worry – we’re here to help. Read our guide to learn which car insurance companies provide coverage for company cars.

Once you learn everything about car insurance companies that accept company cars, use our free online quote tool above to compare multiple companies near you.

What are the best car insurance companies that accept company cars?

If you want to find reliable company vehicle auto insurance, start with the top insurance companies in the United States.

Check out this list of the top car insurance companies by market share:

• State Farm – 16%
• GEICO – 14%
• Progressive – 13%
• Allstate – 9%
• USAA – 6%
• Liberty Mutual – 5%
• Farmers Insurance – 4%
• Nationwide – 2%
• American Family – 2%
• Travelers – 2%

Each of these insurance companies provides personal and commercial auto insurance products.

But some companies are better at providing commercial car insurance despite their market share.

Which car insurance companies don’t accept company cars?

Some auto insurance companies don’t carry car insurance for company vehicles.

Here’s a list of car insurance companies that don’t accept company cars.

• Esurance
• Good2Go
• Dairyland

Small, local-level insurance companies usually provide personal auto insurance. But some insurance companies specialize in commercial car insurance.

Where can I find the best car insurance companies that accept company trucks?

Although trucks are motor vehicles, you can find unique insurance products just for commercial trucks, like semis.

Let’s look at a list of the best insurance companies that provide commercial truck coverage:

• Progressive
• Nationwide
• Farmers
• GEICO
• Travelers

Progressive may not have the highest market share in the auto insurance industry, but it’s one of the top insurance companies for insuring trucks.

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How much is commercial car insurance?

Like all insurance companies, commercial auto insurance varies for each company. However, insurance for company cars is based on car types.

Car insurance companies that accept company vehicles base their rates on vehicle type, also. So let’s review the average monthly rates of several car types.

• Cab – $417/month per vehicle
• Car – $50/month per vehicle
• Cargo or Delivery Van – $275/month per vehicle
• Limousine – $333/month per limo
• Semi-Truck – $667/month per truck

Semi-trucks are the most expensive vehicle type to insure at commercial auto insurance companies.

Passenger cars like sedans and compact SUVs are cheaper to insure. But you should shop around until you find a price that works for you.

How is commercial car insurance cost determined?

Let’s examine the characteristics that impact commercial car insurance for company vehicles:

• Traffic tickets or accidents in the previous three years
• Cars with more than 10,000 lbs. in overall weight
• Driving radius (how far your fleet travels)
• Quick delivery times

Your coverage area is also a factor. For example, rural areas are less populated, but they usually have longer commute times. Meanwhile, urban areas have longer commutes and higher frequencies of filing claims.

Can I get car insurance discounts for company vehicles?

The short answer is yes. First, however, you’ll need to ensure that you get the best drivers.

Here are six ways you can access commercial car insurance discounts:

• Hire experienced drivers
• Confirm clean driving records with your insurance company
• Show employment history of drivers to the car insurance company
• Choose a higher deductible
• Buy the latest model year vehicles
• Use safer driving routes

If you use one or more of these methods, you can save up to 20% on commercial car insurance.

What are the available car insurance coverage types for company cars?

Commercial auto insurance is a package policy. In other words, it contains the same benefits as personal car insurance, but it carries a much higher coverage limit.

These are the standard coverages for car insurance for company vehicles:

• Bodily Injury Liability
• Property Damage Liability
• Medical Payments
• Uninsured Motorist Coverage
• Underinsured Motorist Coverage
• Collision Coverage
• Comprehensive Coverage
• Roadside Assistance

It’s not uncommon for commercial auto insurance companies to carry rental car reimbursement.

For example, some businesses buy hired non-owned liability and auto physical damage coverage options, which pay for liability and collision damages to vehicles rented by a business.

How to Find Car Insurance Companies That Accept Company Cars

The top auto insurance companies have various products, and commercial auto insurance is the best for company cars. But if you want to secure a reliable policy, then you’ll need to shop for policies that fit your business.

Now that you know more about car insurance companies that accept company cars, enter your ZIP code in the free online quote tool below to compare insurance companies in your area.

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Frequently Asked Questions: Car Insurance Companies That Accept Company Cars

Do you want to learn more? Check out some answers to frequently asked questions for more details:

#1 – How can I find the best car insurance for company vehicles?

Shop around with multiple insurance companies using our free online comparison tool.

#2 – What’s the best commercial car insurance company?

The best commercial car insurance company is State Farm, but Progressive is the best commercial truck insurance company.

#3 – Is commercial car insurance required?

The answer is yes. Businesses are required by law to have proof of financial responsibility.