Best Corporate Auto Insurance in Texas
Top-Rated National Carriers
State Farm, Progressive, and Travelers have the best commercial auto insurance in Texas. Progressive received 737 out of 1,000 in J.D. Power's 2024 Insurance Digital Experience Study, ranking first and scoring 20 points more than any other insurer, with an A+ Superior financial strength rating from AM Best in 2024. Progressive is the #1 truck insurer in the nation, insuring everything from dump trucks to tractor-trailers, with hundreds of thousands of small business owners trusting them nationwide.
State Farm: Best for Local Agent Support
State Farm offers a strong local presence with agents throughout Texas, providing personalized service while constructing precise policies businesses need, with a full list of commercial auto coverages. Customers appreciate excellent customer service and personal attention, though some cite higher prices and frequent rate increases. State Farm's extensive agent network makes it ideal for businesses preferring face-to-face consultation.
Travelers: Best for Risk Management
Travelers shines in providing additional risk management resources, including cost-effective risk assessment and management tools, workplace safety education and training, and online risk-control tools and classes. The company offers valuable add-ons like auto lease gap coverage, employee hired coverage, and blanket additional insured coverage, making it particularly suitable for businesses focused on comprehensive risk mitigation.
Other Notable Options
Farmers excels in specialized coverages for contractors, offering coverage not only for contractors' vehicles but also for expensive tools they transport, with custom policy options including coverage for subcontractors. The Hartford, Nationwide, and GEICO also provide competitive commercial auto insurance with strong financial ratings and comprehensive coverage options.
Cost Considerations
In Texas, commercial auto insurance costs an average of $218 per month, or $2,610 annually, with premiums based on industry type, vehicle value, driving records, location, and distance routinely traveled. Commercial insurance costs between $260 and $1,420 per month in Texas, depending on various factors.
Choosing the Right Provider
The best corporate auto insurance depends on your business needs. State Farm suits businesses wanting local agent relationships, Progressive excels in digital experience and truck coverage, Travelers leads in risk management resources, and Farmers specializes in contractor-specific needs. Compare quotes from multiple carriers to find the optimal combination of coverage, price, and service for your Texas business operations.