Missouri Commercial Auto Insurance: Quotes From $37/mo

Operating a fleet or using vehicles for business purposes involves inherent risks with substantial financial and operational consequences. Commercial auto insurance protects your business from liability and maintains operations.

Accidents can occur at any time, resulting in property loss, bodily harm, and legal claims. If your vehicles and drivers are insured, you can travel confidently and safely. If something goes wrong, your insurance policy will cover repairs, medical expenses, legal fees, and other losses, easing the financial burden on your business. 

Commercial auto insurance demonstrates to your customers, partners, and other stakeholders that you conduct business in an ethical manner.  Protect your operations immediately by insuring your business vehicles with Missouri commercial auto insurance.

What is Commercial Auto Insurance?

Commercial auto insurance is a specialized insurance policy that provides coverage for vehicles used in business operations.. It protects businesses from financial losses caused by accidents, damage, or theft of company-owned, leased, or business-use vehicles. Commercial auto insurance typically covers bodily injury and property damage liability, insured vehicle physical damage, uninsured/underinsured motorist coverage, medical payments, and non-owned and hired vehicles. To protect their assets, employees, and liabilities, businesses need commercial auto insurance.


Auto Accident Statistics in Missouri

The following tables provide information on various types of accidents and their respective causes over a ten-year period.


Commercial Motor Vehicle Accidents

Year Fatal crashes Persons killed Personal injury crashes Persons injured
2005 171 204 3,368 5,484
2006 143 180 2,935 4,563
2007 150 172 3,051 4,968
2008 115 136 2,562 3,979
2009 89 97 2,173 3,491
2010 95 103 2,312 3,802
2011 103 115 2,162 3,317
2012 101 110 2,068 3,265
2013 81 96 2,112 3,312
2014 97 109 2,060 3,185


Accidents Involving Alcohol

Year Fatal crashes Persons killed Personal injury crashes Persons injured
2005 266 289 3,787 5,602
2006 256 263 3,783 5,549
2007 237 257 3,623 5,350
2008 252 279 3,369 4,913
2009 248 281 3,384 4,862
2010 229 240 2,974 4,324
2011 211 234 2,869 4,152
2012 228 244 2,846 4,067
2013 206 239 2,698 3,816
2014 189 205 2,424 3,480

Accidents Involving Speed

Year Fatal crashes Persons killed Personal injury crashes Persons injured
2005 451 510 10,128 15,150
2006 397 457 9,240 13,940
2007 370 410 9,886 14,509
2008 368 426 9,079 13,240
2009 321 366 8,372 12,430
2010 302 324 8,344 12,223
2011 271 305 7,559 11,100
2012 286 320 6,535 9,712
2013 270 302 6,822 10,124
2014 248 276 6,911 10,080


Crashes Involving Young Drivers (Under 21 Years of Age) 

Year Fatal crashes Persons killed Personal injury crashes Persons injured
2005 283 322 14,316 22,541
2006 260 307 13,737 21,527
2007 204 226 12,851 20,032
2008 181 225 11,587 17,971
2009 170 189 11,384 17,554
2010 140 149 11,183 17,279
2011 149 174 9,911 15,198
2012 153 169 9,841 15,180
2013 136 150 9,143 14,070
2014 118 139 8,647 13,081

Crashes Involving Older Drivers (55 Years and Older)

Year Fatal crashes Persons killed Personal injury crashes Persons injured
2005 331 377 11,588 17,873
2006 276 312 11,235 17,173
2007 281 320 11,157 16,875
2008 254 288 10,563 15,755
2009 256 290 10,462 15,718
2010 270 284 11,000 16,509
2011 225 246 10,783 15,928
2012 230 252 10,718 15,855
2013 234 254 10,789 15,964
2014 251 280 10,903 16,057

Motorcycle Accidents

Year Fatal crashes Persons killed Personal injury crashes Persons injured
2005 86 89 1,681 1,975
2006 91 94 1,803 2,091
2007 89 93 1,856 2,177
2008 103 108 1,950 2,279
2009 82 84 1,842 2,178
2010 94 97 1,727 2,026
2011 81 82 1,892 2,165
2012 98 104 2,059 2,397
2013 71 73 1,755 2,045
2014 86 88 1,734 1,979

Compare Cheap Commercial Auto Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Missouri Commercial Auto Insurance Requirements

Liability limits for commercial auto insurance in Missouri:

  • $25,000 per person for bodily injury

  • $50,000 per accident for bodily injury

  • $25,000 for property damage

  • Every vehicle must carry uninsured motorist coverage. It helps pay your medical expenses if you are injured in an accident caused by an uninsured motorist or a hit-and-run driver.

Due to the types of vehicles they insure, some policies must include tighter limitations.


Cars on road between high rise buildings.


Importance of Complying With Missouri’s Commercial Auto Insurance Regulations

Compliance with state regulations governing commercial auto insurance is crucial for Missouri businesses. Here are several of the most crucial reasons why compliance is essential:

  • Legal requirement–Missouri requires liability insurance for commercial vehicles. Businesses can avoid penalties, fines, and closure by following these rules. Noncompliance can damage a company’s reputation, finances, and operations.

  • Financial protection–Commercial auto insurance protects businesses against accidents, property damage, and injuries. Businesses can handle claims and protect their assets by following state legislation and maintaining minimum liability limits. Insufficient coverage can cost a firm money and lead to legal action.

  • Employee and third-party protection–Commercial auto insurance protects the firm, employees, and third-party passengers. Adequate liability coverage guarantees that injured parties obtain medical care and compensation, decreasing financial burdens and safeguarding the business’s reputation.

  • Uninsured motorist coverage–Missouri commercial auto insurance policies must include UM. This coverage helps pay medical bills after a collision with an uninsured or hit-and-run driver. UM coverage shields employees and the company against uninsured parties.

  • Peace of mind and business continuity–Business owners can rest easy knowing they’ve met commercial car insurance regulations and are covered. It lets them run their businesses without worrying about legal and financial consequences.

Components of Missouri Commercial Auto Insurance

Commercial auto insurance in Missouri consists of the following coverages:

  • Liability coverage–This coverage is mandated by law and provides financial protection if you or your employees cause bodily injury or property damage to others in an accident. The minimum liability limits in Missouri are $25,000 per person, $50,000 per accident for bodily injury, and $25,000 for property damage.

  • Uninsured/Underinsured motorist coverage–This coverage is also mandatory in Missouri. It helps cover medical costs if you or your employees are injured in an accident caused by an uninsured or underinsured driver, or a hit-and-run.

  • Physical damage coverage–It is optional, but highly recommended. It includes collision coverage, which pays for damages to your commercial vehicle in the event of an accident, and comprehensive coverage, which covers damages caused by non-collision incidents like theft, vandalism, or natural disasters.

  • Medical payments coverage–This coverage pays for your and your passengers’ medical expenses in the event of an accident, regardless of fault.

  • Hired and non-owned auto coverage–If your business rents or leases vehicles or employees use their vehicles for work, this coverage provides liability protection for those vehicles.

  • Cargo coverage–If your business involves transporting products or cargo, this coverage safeguards the cargo’s value in the event of damage or theft.

Add-Ons to Missouri Commercial Auto Insurance

Add-ons allow you to enjoy more protection. Here are some you can include in Missouri commercial auto insurance:

  • Towing and roadside assistance–This add-on covers emergency roadside services such as towing, jump-starts, lockout assistance, and fuel delivery.

  • Equipment and tools coverage–If your business uses specialized equipment or tools that are permanently affixed to a commercial vehicle, this coverage protects their value in the event of theft or damage

  • Non-owned trailer coverage–This coverage extends liability protection to trailers that are not owned by your company while they are affixed to your commercial vehicle

Common Professions That Need Commercial Auto Insurance

Due to the nature of their business operations, several Missouri professions typically require commercial auto insurance. Included among these professions are:

  • Contractor–General contractors, electricians, plumbers, landscapers, and other construction-related professionals frequently need commercial auto insurance to safeguard their vehicles used for transportation to and from job sites, transporting equipment, and transporting materials.

  • Delivery services–Businesses engaged in package delivery, food delivery, courier services, and online retail typically require commercial auto insurance to protect their vehicles while making deliveries.

  • Transportation and logistics–Trucking companies, freight carriers, and logistics providers that transport goods and cargo within Missouri or across state lines typically require commercial auto insurance to secure their fleets and comply with federal regulations.

  • Service professionals–Locksmiths, mobile mechanics, home healthcare providers, and mobile pet groomers who use their vehicles to travel to clients’ locations typically require commercial auto insurance to cover liability and property damage risks.

  • Sales representatives–Sales Representatives Sales representatives, both independent and employed, who use their vehicles frequently for business purposes, such as visiting clients, attending meetings, and making sales calls, may require commercial auto insurance.

  • Taxis and rideshare drivers–Taxi operators and drivers for ridesharing platforms such as Uber and Lyft are typically required to carry commercial auto insurance to cover their vehicles while operating as commercial transportation services.

  • Nonprofit and community organizations–Non-profit and community organizations that operate vans or buses for transportation purposes, such as transporting members, participants, or volunteers, may be required to carry commercial auto insurance.

Rank and Review Insurance Companies

Help others make better decisions

Show more

Missouri Commercial Auto Insurance Cost

Commercial auto insurance in Kansas City, MO and other areas is $37 per month or $444 per year for a $1 million auto liability coverage.  Several factors, including location, influence the cost of coverage. The location can affect your insurance premiums if you operate a business in Kansas City, Missouri. Insurers consider factors such as local traffic patterns, accidents, and crime rates when assessing risk. 


Cost per Month Cost per Year Best for
NEXT $17 $204 Best overall; Fastest commercial auto insurance
CoverWallet $18 $216 Comparing commercial auto insurance quotes online
The Hartford $20 $240 Commercial auto insurance with special perks
Tivly $23 $276 Comparing commercial auto insurance quotes over the phone
Thimble $25 $300 On-demand commercial auto coverage
Hiscox $29 $348 Commercial auto insurance with automatic renewal


Factors That Affects the Cost of Your Missouri Commercial Auto Policy

Some factors that affect the cost of commercial auto insurance in Missouri are:

  • Coverage limitations–The quantity of coverage you require will affect your premium. Policyholders who require a $1M combined single limit will pay less than those who require the state minimum limits of 25/50/25 in Missouri.

  • Location–It is typical for larger cities, such as Kansas City, to charge more for commercial auto insurance than smaller cities, such as Branson. Keep in mind that areas with more claims or more costly settlements tend to have higher prices than other areas. Floods and tornadoes, among other natural disasters, may also be a factor.

  • Distance traveled–The distance you travel frequently can affect the cost of your commercial auto insurance. A vehicle with a local route within the metropolitan area of Jefferson City is regarded as less hazardous than one with a regional route covering the entire state of Missouri.

  • Vehicle–Your rate is influenced by the size and purpose of your vehicle. A carpet cleaning vehicle with a vacuum system attached will almost certainly be more expensive than a small delivery van with limited equipment.

  • Driving history–Your commercial auto insurance provider will run a motor vehicle report on all drivers who have access to your business’s vehicles. Typically, drivers with accidents or violations on their driving record will increase your insurance premium. You can expect your insurance company to evaluate your driving record over the past three years.

Compare Cheap Commercial Auto Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Best Missouri Commercial Auto Insurance Companies

Here are the companies you should consider working with. Read some reviews below to know their pros, cons, and average rate for a $1 million auto liability coverage. 


NEXT

Pros

  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest commercial auto insurance

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more policies 

Cons

  • Couldn’t find any

NEXT is an insurance company offering individualized protection policies to business owners who conduct online transactions. In addition to offering competitive pricing and various policy options, the company offers real-time digital certificates and a highly-rated mobile app that streamlines the process of managing an insurance policy.

Best for: Best overall; Fastest commercial auto insurance

Average cost: $17 per month

Our rating: 10/10


CoverWallet

Pros

  • They facilitate obtaining quotes from numerous insurers for businesses

  • They offer personalized coverage options

  • They can manage insurance policies online

Cons

  • Not an insurance company but an insurance broker 

CoverWallet is an insurance technology company that provides small businesses with a digital platform for comparing, purchasing, and administering insurance policies. They offer an extensive selection of insurance products designed specifically for small businesses. 

Best for: Comparing commercial auto insurance quotes online 

Average cost: $18 per month

Our rating: 10/10


The Hartford

Pros

  • Has a reputation for offering customized insurance solutions to businesses of all sizes

  • Auto insurance customer satisfaction is above average

  • Free benefits such as car replacement are available

Cons

  • More complaints than anticipated for auto insurance policies

The Hartford is an established insurance company that provides a range of insurance products and services to individuals, businesses, and organizations. They have been in business for many years and are well known for their competence and experience in the insurance industry.

Best for: Commercial auto insurance with special perks 

Average cost: $20 per month

Our rating: 10/10


Tivly

Pros

  • Simple quote procedure

  • Has partnered with a multitude of service providers

  • Will match you with the best provider for your requirements

Cons

  • You need to call to compare quotes 

Tivly is a digital commercial insurance service provider that connects businesses in need of coverage with insurance carriers. The company provides commercial vehicle insurance through marketing, insurance technology services, and live customer assistance and engagement, enabling commercial clients to increase efficiency, maximize discussions, and generate revenue. Call now to compare quotes over the phone. 

Best for: Comparing commercial auto insurance quotes over the phone

Average cost: $23 per month

Our rating:  9/10


Thimble

Pros

  • Can obtain a quote and buy insurance online in a matter of minutes

  • Coverage is offered by the period or by the job

  • Quickly issues an estimate of your rates

Cons

  • Customer service is only offered online

Thimble facilitates small businesses in acquiring commercial auto insurance and other types of coverage via an in-house developed digital platform. Thimble collaborates with various insurance carriers to offer small businesses, insurance brokers, and agents the most advanced digital insurance solutions.

Best for: On-demand commercial auto coverage

Average cost: $25 per month

Our rating: 9/10


Hiscox

Pros

  • It offers tailored insurance solutions for specific industries and perils

  • It proactively develops new products and solutions in response to rising threats and industry developments

  • It operates in numerous global markets

Cons

  • Coverage may not be accessible in all areas or for all insurance type

Hiscox is a global insurance provider that offers a variety of insurance products and services, including commercial auto insurance. A well-rounded risk management team underwrites your commercial auto policy from this company. You can also include upgrades in your commercial auto policy for additional protection. 

Best for: Commercial auto insurance with automatic renewal 

Average cost: $29 per month

Our rating:  9/10


Recent Reviews

Recent Posts


Additional Business Insurance posts