How does your city measure up to the national average?

Commercial car insurance cost: $1,200 - $2,400 per year

Commercial truck insurance cost: $800 - $2,000 per year

Commercial bus insurance cost: $35,000 per year

CityAuto theft rate per 1,000
Grand Rapids2.37
Traverse City1.18
Ann Arbor0.99
Sterling Heights0.88
Farmington Hills0.91
East Lansing2.76
Bloomfield Hills0.25
Mount Clemens6.41
St. Joseph0.6
Bay City1.31
Big Rapids0.67
Grosse Pointe0.77
New Baltimore0.49
Clinton Township2.03
Port Huron1.3
Battle Creek1.65
St. Clair Shores1.07
Mount Pleasant0.46
Rogers City0.73

Popular Questions About Massachusetts Commercial Auto Insurance

Business auto insurance is the equivalent of your personal auto insurance policy, but it protects vehicles and drivers associated with your business. If your business owns vehicles, this policy will insure your business for costs associated with collisions or other vehicle damage. It also provides liability coverage for your business if one of your drivers is at fault for an accident.

Your commercial auto policy can cover:

  • Vehicles that your business owns
  • Vehicles that your business owns, hires, or leases
  • All vehicles that are used for business purposes, including those that the business does not own, hire, or lease (e.g., when you or your employees drive your own personal vehicles for business purposes) 

Remember, while your business may rely on cars and trucks to transport employees to and from meetings or move products and materials, one accident can cause a financial nightmare for your business. If one of your employees is responsible for an accident, your company may be required to pay for the damage to other cars and for the medical expenses of any injured drivers or passengers. 

But with the proper Massachusetts commercial auto insurance, you can be sure your business is protected from the costs of roadway threats. 

Massachusetts commercial auto insurance pays for covered claims so your business doesn’t have to. It reimburses you for a variety of expenses when you are faced with a fender-bender, an unexpected break-in or theft, or even if weather or a falling tree damages one of your vehicles. 

Fix your car

  • We call this “comprehensive & collision coverage.”

Fix someone else's car 

  • We call this “property damage liability.”

Pay for someone else's medical bills 

  • We call this “bodily injury liability.”

Pays you if an uninsured driver causes an accident

  • We call this “uninsured motorist coverage.”

Commercial auto insurance is designed for businesses that typically have several drivers and multiple vehicles. For this reason, there are several differences between commercial auto coverage and personal auto coverage. 

  • Commercial auto insurance typically has higher liability limits to protect the business from the much greater potential for liability claims. 
  • Commercial auto insurance typically costs more than personal auto insurance, because there are far more variables and risks to consider. The insurance company looks at what the vehicle is used for, the size and weight of the vehicle, the number of miles the vehicle is expected to travel each year, and even the items that are being transported. 
  • Commercial auto insurance rates are also higher because there are multiple drivers being insured. 

Massachusetts commercial auto insurance rates vary significantly from business to business. Premiums are based on the number of vehicles your company owns and the types of coverage you need (you may not need the same coverage for every vehicle). 

The cost to insure a sedan for a salesperson who drives locally will be very different from the cost to insure a large truck that transports goods across the country. 

Here are some ranges for commercial auto insurance premiums across the U.S.:

  • Commercial car insurance cost: $1,200 - $2,400 per year
  • Commercial truck insurance cost: $800 - $2,000 per year
  • Commercial bus insurance cost: $35,000 per year
  • Commercial taxi insurance cost: $5,000 - $10,000 per year
  • Commercial tractor trailer insurance cost: $2,500 or more per year

Your Massachusetts commercial auto insurance rates will vary depending on:

  • The driving history of the drivers listed on your policy
  • The number of vehicles on your policy, as well as the age, make, and model of each
  • The number of drivers on your policy
  • The location of your business and vehicles (i.e., are they more likely to be stolen or involved in an accident in your city) 
  • Your company’s history of auto claims 

The best way to find the commercial auto insurance policy that fits your company’s needs and budget is to work with an independent agent in Massachusetts. Independent agents have access to multiple insurance companies, so you can choose the coverage that fits your unique risks. 

An independent insurance agent compares policies from multiple companies to find the best coverage for your needs. 

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