Introduction
Commercial truck insurance is a necessary investment for anyone operating in the transportation and logistics industry. Whether you’re an owner-operator or manage a growing fleet, the cost of insurance can eat into your profits quickly — especially with rates rising nationwide in 2025.
The good news? You don’t have to sacrifice protection to save money.
In this guide, we’ll compare 2025’s cheapest commercial truck insurance providers based on pricing, coverage options, customer service, and more — helping you find the best policy at the lowest possible cost.
Let’s break it down.
Why You Still Need Full Coverage — Even When Shopping Cheap
Before we dive into the comparisons, here’s a quick reminder:
Just because you’re looking for the cheapest truck insurance doesn’t mean you should go for the bare minimum.
A good commercial truck insurance policy should protect you from:
- Accidents and vehicle damage
- Cargo theft or loss
- Bodily injury and legal claims
- Weather-related destruction
- Roadside breakdowns
In 2025, with higher repair costs, increasing cargo theft, and strict FMCSA regulations, having proper insurance isn’t optional — it’s essential.
How We Chose the Cheapest Commercial Truck Insurers
Our comparison is based on:
- Average premium cost for owner-operators and small fleets
- Types of coverage offered
- Discount opportunities
- Customer reviews and claims reputation
- Availability across U.S. states
Let’s dive into the top 6 cheapest truck insurance providers in 2025, starting with the most affordable.
1. Progressive Commercial – Most Affordable Overall
Average Annual Premium:
- Owner-Operator: $9,000 – $13,000
- Small Fleet (3–5 trucks): $25,000 – $40,000
Why it’s cheapest:
- Offers major bundle discounts
- Flexible deductibles
- Big discounts for ELD usage, clean driving, and paying annually
Coverage Options:
- Primary liability
- Physical damage
- Motor truck cargo
- Trailer interchange
- Bobtail/Non-trucking liability
- Rental reimbursement
Pros:
✅ Instant online quotes
✅ Easy mobile app management
✅ 24/7 customer support
Cons:
❌ Claims process can be slower in some states
❌ Limited discounts for high-risk drivers
Best For: Independent drivers and small fleet owners who want affordability + coverage flexibility.
Website: progressivecommercial.com
2. OOIDA Insurance – Best for Leased Owner-Operators
Average Annual Premium:
- Leased Owner-Operator: $3,000 – $5,000
- With Own Authority: $8,500 – $11,000
Why it’s cheapest:
- Designed by truckers for truckers
- Lower base costs for leased drivers
- Discounted premiums for association members
Coverage Options:
- Liability
- Cargo
- Physical damage
- Bobtail/NTL
- Occupational accident
Pros:
✅ Deep industry knowledge
✅ Member discounts
✅ Easy claims process
Cons:
❌ Not ideal for large fleets
❌ Fewer online tools than other providers
Best For: Leased-on drivers or OOIDA members looking for personal service and low premiums.
Website: ooida.com
3. Sentry Insurance – Best for Growing Fleets
Average Annual Premium:
- Small Fleet: $22,000 – $38,000 (3–10 trucks)
Why it’s cheapest:
- Fleet-based pricing
- Offers risk management training for lower premiums
- Personalized policy packages
Coverage Options:
- Auto liability
- Physical damage
- Cargo insurance
- General liability
- Workers’ comp (optional)
Pros:
✅ High customer satisfaction
✅ Custom quotes based on safety programs
✅ Great for regional fleets
Cons:
❌ No instant online quote
❌ More suitable for fleets than solo drivers
Best For: Small-to-mid-size fleets focusing on safety and cost control.
Website: sentry.com
4. CoverWallet (by Aon) – Best Online Comparison Platform
Average Annual Premium:
- Owner-Operator: $10,000 – $14,000
- Small Fleet: $28,000 – $45,000
Why it’s cheapest:
- Allows users to compare quotes from multiple providers
- Custom plans for different truck types and uses
- Policy bundling through Aon-backed partners
Coverage Options:
- Liability
- Cargo
- Physical damage
- Trailer interchange
- Inland marine
Pros:
✅ Digital platform
✅ Transparent quote comparison
✅ Policy management in one dashboard
Cons:
❌ Quotes aren’t always instant
❌ Support is mostly online, not phone-based
Best For: Drivers who prefer to shop around for the best rate online.
Website: coverwallet.com
5. The Hartford – Best for Long-Term Savings
Average Annual Premium:
- Fleet (5–20 trucks): $30,000 – $60,000
Why it’s cheapest:
- Offers long-term cost reduction through fleet support and maintenance plans
- Good claim settlement reputation
- Discounts for experience and low-incident history
Coverage Options:
- Liability
- General business coverage
- Physical/cargo
- Trailer coverage
- Workers’ comp
Pros:
✅ Excellent claim support
✅ Trusted brand with fleet expertise
✅ Long-term savings potential
Cons:
❌ Higher initial premium for newer drivers
❌ Less flexible for single-vehicle businesses
Best For: Established fleets looking to reduce total cost of ownership over time.
Website: thehartford.com
6. GEICO Commercial – Best for Budget-Friendly Local Routes
Average Annual Premium:
- Local Trucking: $7,000 – $10,000
- Regional Fleet: $20,000 – $30,000
Why it’s cheapest:
- Low rates for local delivery, dump trucks, and small haulers
- Simple policies for basic trucking needs
Coverage Options:
- Auto liability
- Collision and comprehensive
- Trailer coverage
- Medical payments
Pros:
✅ Quick online quotes
✅ Lower rates for local use
✅ Simple, no-frills policies
Cons:
❌ Limited heavy-duty coverage
❌ May lack some specialized options
Best For: Small businesses and short-haul/local operators.
Website: geico.com
Quick Comparison Table: Cheapest Commercial Truck Insurers (2025)
| Provider | Avg. Annual Cost (Solo) | Best For | Quote Speed | Key Benefit |
|---|---|---|---|---|
| Progressive | $9,000 – $13,000 | Solo & small fleets | Instant | Huge discount options |
| OOIDA | $3,000 – $5,000 | Leased owner-operators | 1–2 days | Member-focused pricing |
| Sentry | $22,000 – $38,000 | Fleets (3–10 trucks) | Custom | Risk-based pricing |
| CoverWallet | $10,000 – $14,000 | Online quote comparisons | Varies | Multi-provider access |
| The Hartford | $30,000 – $60,000 | Long-term fleet savings | 1–3 days | Excellent claims service |
| GEICO Commercial | $7,000 – $10,000 | Local and light-duty haulers | Instant | Basic, low-cost coverage |
How to Get the Cheapest Commercial Truck Insurance in 2025
Even with these affordable providers, you can still reduce your cost further:
✅ Bundle Policies
Combine cargo, liability, physical damage, and general liability under one provider.
✅ Install Safety Tech
Dash cams, GPS tracking, and ELDs reduce risk — and your premiums.
✅ Keep Clean Driving Records
Safe drivers always pay less. Avoid violations and file fewer claims.
✅ Choose a Higher Deductible
Raising your deductible can lower your monthly premium (just keep it affordable in case of a claim).
✅ Pay Annually
Save 5–10% with some providers by paying the full year upfront.
Final Thoughts
Finding cheap commercial truck insurance in 2025 isn’t about cutting corners — it’s about choosing the right partner who balances affordability, reliability, and protection.
Whether you’re a new owner-operator or a growing fleet, the providers we’ve compared above offer some of the lowest truck insurance rates in the market, without sacrificing essential coverage.
Take action today:
🚛 Compare quotes
📋 Review your policy needs
💸 Apply discount strategies
📞 Speak with an agent who understands trucking
Your business deserves coverage that works as hard as you do — without costing a fortune.
FAQs: Cheapest Commercial Truck Insurance Providers
Q: Who is the cheapest truck insurance provider in 2025?
A: For most owner-operators, OOIDA and Progressive offer the lowest base premiums.
Q: Can I get same-day commercial truck coverage?
A: Yes, companies like Progressive and GEICO offer instant coverage if your documents are ready.
Q: Is cheap truck insurance still reliable?
A: Yes — just ensure the provider is A-rated, offers responsive claims support, and has positive customer reviews.
Q: Do I need cargo insurance with liability coverage?
A: Yes, especially if you’re hauling loads under co