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Cost of Business Medium urgency National

Commercial Auto Insurance Rates in 2022: The $100 to $900 Per Month Range Explained

Logrock published a guide explaining why commercial auto insurance rates for towing and trucking operations range from $100 to $900 per month per vehicle, with the variation driven by vehicle type, coverage limits, driver experience, claims history, and the specific services performed, according to Logrock. The guide helped operators understand why their quotes differ from industry averages.

Operator takeaway

A 9x range from $100 to $900 per month for the same type of policy — the spread means your specific risk profile determines your cost, and improving your safety metrics directly reduces your premium.

Logrock · Published 2022-01-01 · Read original source →
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