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Box trucks are as efficient as cargo vans when transporting light to medium-weight loads. These pick up where tractor-trailers and rail transportations leave-they move cargo to and from depots, warehouses, and distributors.
However, huge risks are still haunting the trucking industry- accidents, theft, fire, and legal claims. This is why insurance is a requirement when starting a box truck business (CDL/non CDL) or managing an existing one.
You get comprehensive protection through a tailored box truck insurance package. You can use this to cover lawsuits, refund the value of the damaged cargo, take care of vehicular accidents, and other troubles. With insurance coverage, you protect your box truck business in California or any other place in the USA.
Box truck insurance cost is $125 a month or $1,500 a year for a $1 million general liability coverage. Apart from other factors (mentioned below), the type of truck will determine box truck insurance cost per month or year:
You may need extra coverages to bolster your protection. Here are some estimates of their cost:
We also looked into the pricing of the best companies offering box truck insurance. The rates are reflected in the table below:
| Monthly Rate | Annual Rate | |
|---|---|---|
| CoverWallet | $125 | $1,500 |
| Progressive | $180 | $2,160 |
| Geico | $210 | $2,520 |
| State Farm | $240 | $2,880 |
Note that your actual box truck insurance rates depend on the provider and several factors such as:
Highly valued box trucks cost more to insure because they’re more expensive to replace or repair. Similarly, your commercial insurance for box truck will be more expensive if your truck is older.
An increase in the number of trucks increases the risk of losses. Therefore, you’ll need to spend more for box truck insurance coverage to protect your investment.
More traffic in urban areas leads to spikes in accidents. So if your business is in cities or towns, the premiums of your insurance on a box truck will most likely shoot up.
The more the radius traveled, the more the chance of crashes and breakdowns. So the premiums might increase irrespective of your business location, especially if you’re into interstate transportation.
Perishable, fragile, or expensive items increase premium rates. The contract your business has with your client can also determine commercial box truck insurance cost.
If a company is well-established with a clean loss record, its details and data will convince your insurer to lower the premiums.
The cost of 26ft box truck insurance is $231.75 a month or $2,781 a year for a $1 million general liability coverage. Pricing depends on your location and other factors we mentioned above.
The cost of 16ft box truck insurance is $216 a month or $2,592 a year for a $1 million general liability coverage. Pricing depends on your location and other factors we mentioned above.
Let’s get this crystal clear, straight truck insurance is the same as box truck insurance in the same way as a box truck is also called a straight truck. Therefore, the average cost is the same, which is $125 a month or $1,500 a year for a $1 million general liability coverage.
Our free and intuitive box truck insurance quote generator is waiting for you to use it. Look for the “Get Quotes” button on this page, click on it, and fill up the form. Shortly after, you’ll receive the cheap box truck insurance quote from different companies. In case you’re wondering, “Where to get box truck insurance near me?”, know that our quote generator can also help because it prioritizes sourcing the quotes of the nearest insurance companies from your location.
Also read:
Get all the best quotes from leading providers in a click of a button!
Let’s review the best insurance companies for box trucks. We believe that by doing so, we can help you avoid carriers that are only out for your money. Read to know the best companies’ pros, cons, and monthly pricing for a $1 million general liability coverage.
CoverWallet can assist in buying insurance for box truck business from different carriers within minutes. The basic coverage begins at only $125 per month. CoverWallet tops our list as the best carrier because it doesn’t only offer standard box truck insurance but also box truck cargo insurance. It even has an intuitive quote comparison tool you can use for free to find the cheapest commercial box truck insurance.
Best For: Comparing insurance quotes for box trucks
Average cost: $125 per month
Insuranks Rating: 10/10
Progressive boasts the largest market share in the US business insurance industry. This company offers non cdl box truck insurance and standard box truck insurance as well as other policies at attractive discounts.
Best for: High-risk drivers and people looking for a wide variety of policies
Average cost: $180 per month
Our rating: 8.6/10
Geico is the second-largest insurer in the US and offers commercial truck insurance for box trucks. Available all over the US, it’s popular among all commercial box truck insurance companies for offering cheap rates.
Best for: A wide range of insurance policies
Average cost: $210 per month
Our rating: 2.8/10
Two of the past three years have witnessed top customer satisfaction and low client complaints in this carrier. Whether you desire to insure a single box truck or the whole fleet, they lead in providing customer satisfaction. If you’re looking for isuzu npr insurance , note that State Farm can get covered without a doubt.
Best for: Affordable box truck insurance policies and generous discounts
Average cost: $240 per month
Our rating: 8.2/10
Amazon is an eCommerce behemoth that offers a wide variety of employment and business opportunities. Why not grab the opportunity of delivering the company’s goods to customers through its Amazon Relay program?
The program offers everything from freight networks to driver apps to make your work a breeze. But you need to meet the program’s insurance demands (among other requirements). Here are the required policies:
Before taking out a box truck insurance, tell your insurer that your truck will be for Amazon commercial deliveries. They’ll work with you to ensure the solution is tailored to your needs.
It will help if you take out rental insurance when renting a box truck. This is offered as hired auto liability insurance. If you’re renting a box truck and cause an accident with it, hired auto liability insurance will cover the medical expenses of injured third parties and reimburse the owners of damaged property. If you do some research before purchasing insurance, you’ll discover that insurance companies offer additional options:
You’ve acquired a new box truck and are starting to move down your own road. Congratulations on being an owner-operator.
But first thing, which policy will provide help if the hour of need clocks in? Commercial auto insurance.
Box truck-owner operators like you will do fine with commercial auto insurance. Adequate commercial auto insurance provides the following coverage for your bu
Get all the best quotes from leading providers in a click of a button!
10 / 10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
7.7 / 10
Decent experience with Hiscox business insurance
10 / 10
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
10 / 10
Best insurance ever
10 / 10
Coolest concept, I wish this was applied to other insurance products too.
9.4 / 10
Fastest ever online insurance quote and purchase! Also, great rates and professional customer reps that helps with whatever you need, if you need. Nice company!
2.8 / 10
Embroker sells a product that it doesn't honor. We purchased a combination D&O and EPLI policy. However, when it came to renewal, it told us that we only had D&O coverage even through our ACCORD certificate clearly mentions we have both. Basically they refused to honor the EPLI coverage and will leave you hanging with the bag. At time of renewal, they more than doubled our quote to get similar coverage. Basically BAIT & SWITCH. Unacceptable tactics. Easy to buy and pay but you may not be... Read More
2.8 / 10
Great platform. Terrible policy. There is no teeth behind it. No coverage. It's a fake policy that they sell. Sold us an EPLI policy that later we came to find out had no EPLI coverage. Amazing that they can get away with outright fraud. Check the positive reviews. They are all 'Anonymous' posted by Emroker staff. Stay away and find a real policy that will actually provide you coverage. We've been bitten by them and hope to find restitution via a lawsuit.
Paul Burns Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
It has been 70 days since I made a claim on the roof of my building. No one from the company will return calls. We are in hurricane season and located in Louisiana. My building is tarped to secure it.
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
They are the worst, my truck was hit in January 23 and the claim adjuster has not been out to this very day! They have every excuse in the book as to why. They have not been to the collision shop. PLEASE AVOID THESE SCAM ARTIST!
Felicia Broadus Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Avoid these SCAM ARTISTS! They don’t pay claims!!! Save yourself the trouble and money!
Kasey Arey Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
This company gives you a price that was in place for a year and when you have to use it there is fine print were they can go back and charge you more. Would not recommend them to any one. Crooks
John Murphy Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Worst insurance comapny I have ever dealt with. A commercial vehicle represented by GUARD t boned my wife and daughters family vehicle in the middle of the day. Driver was cited and insurance claim insued. Fast forward 4 months and refusal of full amount of claim is still happening. Driver was found guilty, repairs started on my vehicle and when it comes to the final bill and diminished value we cannot get any help. I am out a family car, have an injured and traumatized wife and children,... Read More
Harshadray Patel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Extremely bad service, when you call , will make you wait on the phone for ever (over an Hour) and still no one to answer , so you end up hanging up. To cancel the policy, bounce you from one department to the other. They are supposed to refund from the date other insurance started and after sending the proof of other insurance policy, still they did not refund based on that actual date instead they use the date i managed to get hold of them. They charged me $7000.00 for a year's insurance on... Read More
Aaron Wensel Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
Guard Insurance is terrible. They were so bad I cancelled them because them couldn't figure out why I would never get a paper copy of the bill . Verified my address with them and still intermittent billing. I cancelled them in March through my local broker. Today 6/27 I get a letter in the mail from a collections company saying I owe 87.97. This was the first myself or my broker heard of owing this money. Here is some advice for this failure of a company send me a god damn bill and I will pay.... Read More
Michael Swink Insuranker
Policy Type: Business Insurance
Company name: Berkshire Hathaway GUARD Insurance Companies
0 / 10
My employer had to have workers compensation by law. He obtained a policy through this Berkshire Hathaway GUARD and they failed me. I fell from a ladder and fractured my spine in 7 different places, my clavicle in 4 places, and the base of my skull. Going to my Dr visits I was prescribed medication for pain and the insurance company placed a pre-authorization hold on me picking up the medication from Walgreens. The hold lasted 5 days! My weekly benefits have never been on time, right now... Read More
10 / 10
Liberty Mutual is one of the more simple companies to deal with. I had to file a claim for my business owner policy after I caught one of my employees stealing a large amount of products from my business. Liberty mutual paid the claim fast and with no efforts. I wish the legal process was as easy…
10 / 10
For me this company has proven to be the best to do business with and worth my hard earned money. Contractors this is your company look no further.
7.7 / 10
Decent experience with Hiscox business insurance
9.4 / 10
Very pleased with Hiscox - their small business insurance rates are very good and they specialize in small business which gives me a peace of mind as a small business owner. So far so good!
10 / 10
Their customer service is absolutely fantastic. Very patient, knowledgable and provided excellent explanation of the purchased policy. I would highly recommend this insurance company to anyone that's looking to protect their business from unexpected expense. Thank you Hiscox for doing a great job for my business!
0.6 / 10
STAY AWAY! I wouldn't recommend hiscox small business liability insurance to anyone. Better not waste both your money and your time. Hiscox customer service is extremely unpleasant, not organized and not professional. It is the worst company we have dealt with in almost 25 years in business!
10 / 10
Good company. Good and knowledgable customer service. If they don't know something they will pass you on to a more experienced rep that is more knowledgable. So far so good.
10 / 10
Extremely fast and simple. Wasted a lot of time and money until I found these guys! I feel like my business is in good hands now.
10 / 10
Hiscox's the best! My business is insured with them for over 12 years and am not planning to switch!
10 / 10
Excellent experience with Hiscox BOP for my coffee shop. They provided all it needed.
10 / 10
My HI barbershop is well covered with their great BOP product for 5 years already! not planning to switch!
10 / 10
Best insurance ever
10 / 10
Coolest concept, I wish this was applied to other insurance products too.
10 / 10
Great experience
6 / 10
Didn't relate to the concept much, but it makes sense if you need insurance to go
0 / 10
It doesn't really feel sustainable to me and doesn't offer business interruption, product liability and commercial property insurance. They have no local agents and despite their technology first approach you cannot file claims online. Additionally, product manufacturers are not covered by Thimble and they don't provide enterprise solutions.
10 / 10
As a contractor that works 3 times a week for a few hours, Thimble gets really handy for me and saves me money. I have no use for these massive business insurance coverages offered by traditional insurance companies.
10 / 10
Excellent concept which is useful to many small businesses!
10 / 10
Been waiting for this type of solution for a long time!
10 / 10
Love their business insurance solutions for freelancers! Great app!
Not all those who wander are lost.
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