How are commercial auto insurance rates determined?

Rates are based on factors like the type of vehicles, how they're used, driving records of employees, coverage limits, and the industry in which your business operates.

Rates are determined based on factors such as the type and number of vehicles insured, their use, driver history, coverage limits, location, and claims history of the business.

A business with a fleet of five trucks pays higher premiums due to the number of vehicles and their frequent use, but safety programs reduce the overall cost.

Train employees on safe driving practices and monitor vehicle usage to reduce claims and lower premiums over time.