Wisconsin Commercial Auto Insurance: Quotes From $40/mo

The Department of Transportation in Wisconsin estimated that there were over 23,000 crashes where people were injured in 2020. The chance of injuries can be concerning for a business owner who uses commercial vehicles. The National Highway Traffic Safety Administration estimates vehicle accidents cost America $340 billion in 2019.

This article will teach you about commercial auto insurance Wisconsin, which protects your business from lawsuits and other financial losses from vehicle accidents. You will learn about the requirements, components, and companies offering competitive policies.

What is Commercial Auto Insurance?

Commercial auto insurance covers the cost of liability claims and damage to vehicles you use in your business. The policy will also cover bodily injury costs and property damage for passengers, pedestrians, and others involved in the vehicle accident.

Auto insurance policy requirements are set at the state, not the local level. This means that commercial auto insurance milwaukee wi will have the same requirements as policies in Madison, WI. While your policy must meet minimum requirements, policy limits and protection options will vary by insurer.

Why is a Commercial Auto Insurance Policy Important for My Wisconsin Business?

Commercial auto insurance is important because you could put your business in legal and financial trouble without coverage. Wisconsin law requires all vehicles to be covered under an adequate policy. If one of your vehicles gets into an accident without insurance, you could be sued by the injured party for a lot of money. Legal fees, court judgments, and settlements can be astronomical costs for a small business.

What are the Penalties for Not Carrying Auto Insurance for My Business Vehicles?

Since commercial auto insurance is required by law. This means that naturally, there are consequences for not having it. These penalties can be severe. They include:

  • Suspension of driving privileges

  • Fines of up to $500

  • Reinstatement fees to get driving privileges back

  • Suspension of your vehicle’s registration

Is Commercial Auto Insurance a Replacement Policy?

No, a commercial auto policy does not guarantee to replace a damaged or totaled vehicle. Vehicle coverage is based on the actual cash value of your vehicle at the time of the accident. Your insurer must only respond to the actual cash value amount rather than the replacement cost.

Components of Commercial Auto Insurance

Your Wisconsin commercial auto insurance policy will possess several different components. Each component addresses financial losses like injury to other people and your vehicles. Some of these components are described below.

Collision Coverage

Collision auto insurance pays for physical damage that occurs to your business vehicles. Collision covers physical damage from your vehicle colliding with an object on the road. Most often, this occurs when you collide with another vehicle. However, this can cover you in single-vehicle accidents where your vehicle strikes another road object or gets overturned.

Comprehensive Coverage

Comprehensive is the other policy that covers physical damage to your vehicle. You get coverage from a variety of sources other than colliding with road objects. Examples include:

  • Fire

  • Vandalism

  • Hail

  • Glass breaking

  • Falling objects

  • Vandalism

  • Theft

  • Water

  • Striking an animal

  • Flood damage

Auto Liability Coverage

Auto liability is a policy that covers property damage and injury to others in vehicle accidents. You get a certain amount of protection from claims that include medical expenses, pain and suffering, lost wages, and more.

Property damage protection will cover you for personal property damage like a damaged fence or broken glass. You also get protection from damage to government property like a road sign or a light pole.

Medical Payments

This coverage will help pay for medical or funeral expenses for you or the occupants of your vehicle. Medical payments coverage will kick in regardless of who is at fault in the accident. This means you can receive benefits even when found to be at fault.

Roadside Services

Roadside assistance coverage will help you pay for the costs you might have to pay if a car breaks down on the road. This can include the costs to tow a car and pay someone to assist your vehicle.

Uninsured/Underinsured Motorist Coverage

Uninsured motorist coverage applies to the bodily injury you or occupants of your business vehicle experience by another motorist. If a motorist does not have adequate insurance, it can cover the gap in benefits you would get between what they pay you and what your losses cost up to a limit.

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Wisconsin Auto Insurance Requirements

Automobile insurance is required by Wisconsin law. In addition to having an active policy, there are insurance requirements that Wisconsin drivers must follow. These guidelines are available from the Wisconsin Office of the Commissioner of Insurance or the Department of Transportation. You can also ask your insurance agent if you have any questions about them.

Auto Liability

Wisconsin drivers must have insurance that meets certain auto liability thresholds. The chat below will outline the coverage limit that you need.

Injury of one personInjury for more than one personProperty damage

Uninsured Motorist

Wisconsin drivers must have uninsured motorist coverage with a minimum limit of $25,000 per person. This policy must also have $50,000 in coverage. Insurers will offer higher limits for policies, but you will often need to pay a higher premium to get them.

Medical Payments

Medical payment coverage must be offered at a minimum limit of $1,000. Your policy does not require this coverage, but your insurance company must offer you the option.

What is Excluded from Commercial Auto Coverage?

Commercial auto insurance is not a policy that will cover all events. Some events that insurance will not protect you from include:

  • Police seizure of your vehicle

  • Illegal activities with your vehicle

  • Damage to uninsured vehicle modifications

  • Personal property damaged in an accident

  • Injuries or death that results from nuclear accidents, war, or catastrophic events

Does Wisconsin Allow Insurers to Exclude Intentional Acts?

Sometimes. The Office of the Commissioner of Insurance in Wisconsin published a form checklist for auto insurance. In this form, they reference a Wisconsin Supreme Court decision. This decision determined that insurers can not exclude intentional acts unless the damage is “substantially certain.” to follow what a policyholder does.

This means that actions that will obviously cause damage will be excluded from coverage, even if the result of the action is different than what the insured intended.

How Can I Cover Employee Vehicles for Work Activities?

A commercial auto insurance policy may only cover some of the vehicles you use in your business operations. To get coverage for hired and non-owned vehicles, you will want HNOA coverage. HNOA stands for hired and non-owned insurance. It will cover personal, rented, and leased vehicles that your business uses.

Personal auto insurance policies do not cover personal vehicles used for work purposes. A personal policy can cover the commute to and from work but loses protection for work-specific uses. HNOA coverage will help you get covered for activities like:

  • Making deliveries

  • Picking up supplies

  • Transporting clients

You will need commercial auto insurance for vehicles your business owns and solely used for work purposes. An HNOA policy will not cover these types of vehicles.

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Cost of Wisconsin Commercial Auto Insurance

The cost of your Wisconsin commercial auto policy may start as low as $40 per month or $480 per year. Here’s a table showing the rates of the best companies:

Cost per MonthCost per YearBest for
NEXT$40$480Best overall; Fastest commercial auto insurance
CoverWallet$44$528Comparing commercial auto insurance quotes online
The Hartford$48$576Insurance expertise
Tivly$49$588Generating multiple commercial auto insurance quotes over the phone
Thimble$52$624Short-term commercial auto coverage
Hiscox$56$672Commercial auto insurance for small Wisconsin businesses

Compare Cheap Wisconsin Commercial Auto Insurance Quotes Online

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

Best Wisconsin Commercial Auto Insurance Companies

See our recommendations for some of the best Wisconsin commercial auto insurance companies in the reviews below. Please consider each insurer's pros and cons to determine which policy will work for your Wisconsin business.

NEXT Insurance


  • Get quotes entirely online

  • Insurance provider that handles its own claims

  • Includes coverage for towing and labor


  • None found

NEXT is an insurer that was founded in 2016. They offer a digital insurance experience that is convenient to the customer and easy on the wallet. NEXT utilizes transparent pricing, so you never worry about hidden fees. NEXT has an AM Best rating of A- and a Better Business Bureau rating of B+. AM Best rates insurers based on their financial backing and ability to back up their insurance policies. The Better Business Bureau rates businesses based on their ability to resolve customer complaints and other factors.

Best for: Best overall; Fastest commercial auto insurance

Average cost: $40 per month

Our rating: 10/10

The Hartford Insurance


  • Over 200 years of insurance underwriting expertise

  • Track policies with a helpful mobile app

  • Offers rental car coverage with commercial auto


  • Limited add-ons for some policies

The Hartford has been a trusted and longstanding insurer in the industry for over 200 years. They have an A- rating from AM Best and are highly reviewed by customers. The Hartford has a 4.8 rating out of 5 in its customer reviews. The company started as a fire insurance company in 1810. Since then, it has expanded coverage and offers competitive commercial auto policies.

Best for: Insurance expertise

Average cost: $48 per month

Our rating: 10/10

CoverWallet Insurance


  • Get policies from their insurance partners that are tailored to your exact needs.

  • Allows you to get policies over the phone without filling out a form

  • Over ten partners to choose from


  • Does not provide insurance coverage themselves but instead rely on partners.

CoverWallet offers a tailored insurance experience that connects insurers and buyers. You can choose a policy from top providers like Hiscox, Chubb, Progressive, and Markel. CoverWallet has an A+ rating from The Better Business Bureau. They have been accredited since 2017.

Best for: Comparing commercial auto insurance quotes online

Average cost: $44 per month

Our rating: 10/10

Tivly Insurance


  • Negotiates for you with their insurance partners

  • Choose between over 200 insurance partners

  • Has a database of standard insurance terms


  • Does not offer a mobile app, as some insurers do

Tivly is an insurance broker that provides customers access to over 200 insurance partners. While this choice may seem overwhelming initially, the company uses flexible targeting to make it easier. This means they will help narrow the options to insurers and policies catering to your business's needs. Call now to compare quotes over the phone.

Best for: Generating multiple commercial auto insurance quotes over the phone

Average cost: $49 per month

Our rating: 10/10

Thimble Insurance


  • Excellent online resources to help first-time insurance buyers

  • A+ rating and accreditation from the Better Business Bureau.

  • Get insured in less than 60 seconds.


  • Lacks coverage options compared to some others

Thimble is an insurance broker that its customers highly review. They allow you to set the policy durations of your insurance policies down to the hour. This makes them perfect for businesses looking for short-term coverage and planning for temporary services they need their vehicles for.

Best for: Short-term commercial auto coverage

Average cost: $52 per month

Our rating: 10/10

Hiscox Insurance


  • Get extra discounts for bundling multiple policies

  • Offers refunds within 14 days

  • Has non-owned auto liability insurance


  • Policies may be restricted to only small businesses with fewer than ten employees.

Hiscox is an insurance provider with a team of dedicated insurance agents. They have over 100 years of experience in the insurance industry. Hiscox policies are highly customizable and are tailored to your business needs.

Best for: Commercial auto insurance for small Wisconsin businesses

Average cost: $56 per month

Our rating: 10/10

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