The Lone Star State has one of the most diverse economies in the U.S. Commercial operations here include working ranches, farms, NASA contractors and military bases. In fact, Texas is the largest exporter of goods to other nations in all 50 states and has the most Fortune 500 companies, with the exception of California. Since Texas is the largest state in the lower 48, many employees and owners of the half a million businesses and quarter of a million farms or ranches frequently travel significant miles for business. Texas commercial vehicle insurance can help secure your business and help your bottom line.
Business car and truck coverage is important if you have workers who drive for commercial purposes. A local independent agent in the Trusted Choice® network will help you compare Texas commercial vehicle insurance quotes from multiple sources. These agents can help you find the best coverage for your needs at the best price for your budget. Find a local independent agent in the Trusted Choice network today to begin the process.
Commercial Vehicle Insurance Facts
- Private business establishments (non-farm): 522,146
- Number of farms and ranches in Texas: 247,500
- Fraction of residents living in a city or urban area: 2/3
- Texas annual car insurance premium on average costs $1,031
- Business use may be excluded on some personal policies
Federal and state regulations vary, but virtually every type of commercial vehicle from the smallest pizza delivery car to the largest cement mixers must have minimum liability insurance. You can speak with your local commercial auto insurance agent in the Trusted Choice network to learn more about these and other Texas commercial vehicle insurance concerns.
Large and Small Businesses Concerns
Regardless of the size of your business, you will need a commercial vehicle policy that is tailored to your needs. If you have a large business, for example, you may need coverage for a wide range of vehicle types, from cars to delivery vans to semi-trucks. An independent agent can help ensure that your commercial auto policy meets all of these needs.
Many small and home business owners use their personal cars for business use, such as meeting clients and making deliveries. Note that some business use may be excluded from your personal coverage. For a small business, adding business use to a vehicle that you personally use may not add costs to a personal policy unless you want to increase liability, comprehensive, or collision insurance because of business requirements.
Texas Commercial Vehicle Insurance Types
Your business auto insurance costs will depend on a number of unique factors. The size of the vehicle and the type of products it is used to transport will likely play a large role in the premium rate quote. It might be helpful to consider some different ways that companies purchase coverage for their business cars:
- A business might purchase commercial vehicle insurance for one car or a fleet of cars.
- A home-based business operator might simply add a business rider to a personal auto policy.
- A small business owner may include commercial truck or car insurance in a business owner’s policy (BOP).
A Texas Valley farmer who needs commercial truck insurance will get different rate quotes than an Austin technology company that uses its trucks to deliver computer parts. Your local member agent can help you find the right coverage at a fair price.
Compare Texas Commercial Vehicle Insurance Quotes
From realtors to limousine drivers, it is important to find an insurer who understands your needs, and someone who will work hard to help you find the best plan and price. A local independent agent in the Trusted Choice network can compare competitive rates from multiple companies, suggest the best policy options, and offer you professional service after you buy coverage.
The right Texas commercial vehicle insurance can save you money on premiums today, and can really help to save you money if you ever need to make a claim. Contact a commercial vehicle insurance member agent in the Trusted Choice network to review Texas commercial auto insurance quotes the easy way.