Progressive Commercial is one of the leading providers of truck insurance in the United States, known for its extensive coverage options and competitive rates. In 2024, Progressive continues to offer a range of policies tailored to meet the needs of both individual truck drivers and large fleets.
Coverage Options
- Liability Coverage: Protects against damages or injuries you cause to others.
- Physical Damage Coverage: Includes comprehensive and collision coverage to protect your truck.
- Motor Truck Cargo Insurance: Covers the goods you are hauling.
- Non-Trucking Liability Insurance: For owner-operators who drive their trucks for personal use.
- Trailer Interchange Insurance: Covers trailers you don’t own but are using under a trailer interchange agreement.
- Medical Payments Insurance: Covers medical expenses for you and your passengers after an accident.
- Uninsured/Underinsured Motorist Coverage: Protects you if you’re hit by a driver with insufficient insurance.
2024 Rates
Progressive’s rates for truck insurance vary widely based on factors such as the type of truck, usage, driving record, and location. Here are some average rates for 2024:
- Owner-Operators: $1,500 – $2,500 annually
- Small Fleets (1-10 trucks): $8,000 – $12,000 annually
- Large Fleets (11+ trucks): Custom quotes are provided based on fleet size and specific needs.
Pros
- Comprehensive Coverage Options: Progressive offers a wide range of coverage options, allowing truck owners to customize their policies to meet specific needs.
- Competitive Rates: Progressive is known for offering competitive rates, especially for owner-operators and small fleets.
- Extensive Discounts: Discounts are available for bundling policies, maintaining a clean driving record, and using electronic logging devices (ELDs).
- 24/7 Claims Service: Progressive provides round-the-clock claims service, ensuring quick response times and efficient handling of claims.
- Online Tools and Resources: Policyholders have access to a robust online platform where they can manage their policies, pay bills, and file claims.
Cons
- Higher Rates for High-Risk Drivers: Drivers with a poor driving record may find Progressive’s rates higher than those of some competitors.
- Limited Coverage in Some Areas: Coverage options and availability may be limited in certain rural or less-populated areas.
- Customer Service Variability: Some users report variability in customer service experiences, with longer wait times during peak periods.
Expert Ratings
- Coverage Options: 4.5/5
- Affordability: 4/5
- Customer Service: 4/5
- Claims Handling: 4.5/5
- Overall: 4.3/5
User Ratings
- Coverage Options: 4.3/5
- Affordability: 4.1/5
- Customer Service: 3.9/5
- Claims Handling: 4.2/5
- Overall: 4.1/5
Verdict
Progressive Commercial Truck Insurance continues to be a solid choice in 2024, offering a comprehensive range of coverage options and competitive rates. While there are some areas for improvement, particularly in customer service consistency, the overall package of services, discounts, and claims handling makes Progressive a top contender in the truck insurance market.
For truck owners and operators looking for reliable and affordable insurance, Progressive Commercial remains a highly recommended option.