How To Save on Commercial Auto Insurance
Commercial auto insurance is a large expense your business undertakes, so finding ways to reduce the cost of commercial auto insurance can provide immediate savings. Progressive offers money saving commercial auto insurance discounts for businesses just like yours, and we continually find ways to keep commercial auto insurance affordable and provide commercial auto insurance quotes to fit within your budget.
Exclusive Commercial Auto Discounts from Progressive
We offer discounts designed exclusively for our commercial auto customers. Depending on your business type, you may be eligible for multiple discounts for you business auto insurance, tow truck insurance, or commercial truck insurance policy. Qualifying for just one of our commercial auto discounts could save you as much as 5 percent on your insurance.
- Experienced Business Discount – Business auto insurance, commercial truck insurance, and tow truck insurance customers who have been in business for more than three years are eligible for a discount of up to five percent.
- Experienced Commercial Driver Discount – Commercial truck insurance and tow truck insurance customers who have a Commercial Driver's License (CDL) can save up to 10 percent.
- Package Discount – Business Auto customers with an in-force General Liability or Business Owner’s Policy are eligible for a 15 percent discount.
Tips to Save Money on Commercial Auto Insurance
Besides qualifying for commercial auto discounts, there are other ways you can keep your commercial auto insurance costs down. Choose the options that fit your business’ needs and your commercial auto insurance budget.
- Increase Your Commercial Auto Insurance Deductibles – If you choose higher commercial auto insurance deductibles, you’ll pay less for your commercial insurance. Be sure you choose a commercial auto insurance deductible that you can afford to pay out of pocket at any time, in case you get into an accident.
- Pay Your Insurance In Full – By paying your entire commercial auto insurance premium up front, you'll save up to 10 percent with a Paid-in-Full discount.
- Pay By Electronic Funds Transfer (EFT) - Choose one of our EFT payment plans if you’d rather not pay your commercial auto insurance premium in full. With EFT, we waive the usual check processing fees and deduct your commercial auto payments directly from your checking account. This lets you focus on running your business – not paying your bills.
- Insure Other Vehicles with Progressive - If you insure your personal and commercial autos with Progressive, you’ll be eligible to receive a multi-policy discount on your personal auto insurance.
It's important to note that not all commercial auto discounts and pricing factors are available in every state and situation.