How Much Does Box Truck Insurance Cost?

The average cost of box truck insurance per month will vary based on specific factors unique to your business. Box trucks are essential vehicles for many companies that transport or deliver goods because they protect merchandise, prevent theft, and are easy to load and unload.

Count on Progressive Commercial, America's #1 truck insurer,^Δ to give you the flexible coverage options and ongoing support your business needs.

Factors impacting the cost of box truck insurance

Box truck insurance premiums vary significantly for many reasons, such as:

Truck type and size

Box trucks range in size from smaller straight trucks to 26-foot heavy-duty models for larger hauls.Bigger trucks usually come with higher insurance costs since they're typically more expensive to replace, carry more valuable cargo, and have increased liability.

Number of box trucks you own

The more box trucks you have, the higher the risk of accidents, resulting in more insurance claims. On the flipside, you may get a discount on your premium by insuring multiple vehicles.

Cargo being transported

The type of goods you haul can affect your insurance cost because some cargo is riskier than others. Hazardous materials will need higher liability limits in case a cargo spill causes injuries or damage to others. You might also want motor cargo truck insurance for protection against lost or damaged goods.

Driving record

A history of accidents and violations can dramatically increase insurance costs. If you and your drivers have a safe driving record, insurers consider you less of a risk and may reward you with lower insurance premiums.

Operating distance and location

Is your box truck being driven locally, or are you using it for the long haul? If you stay within a small radius, your premiums may be lower than those of trucks that travel longer distances.

The more miles you cover, the more likely you are to encounter unfamiliar routes and unpredictable driving conditions. Where you go also matters. If you pass through unsafe areas, the odds of theft and other incidents increase.

Coverage limits

Higher coverage limits typically mean higher premiums, but you'll have greater financial protection in case of unexpected events. With the right coverage, box truck insurance can be a reliable safety net for your business if you ever need to make a claim.

Deductibles

Higher deductibles can lower your rate, but you'll want to be sure any potential out-of-pocket expense works for your budget.

Get a customized quote for box truck insurance today. The experts at Progressive Commercial will help you find a policy that's right for your business.

What type of box truck insurance do you need?

Most states have minimum limits for truck liability insurance, which vary by truck size and business use. But you'll want to consider additional coverages for more complete protection.

For example, comprehensive coverage can cover damage to your truck caused by outside events like fire, theft, or vandalism, while liability can pay for damage or injuries to others if you're at fault in an accident.

Learn more about the available box truck insurance coverages.

Discounts on box truck insurance

Progressive Commercial offers numerous auto insurance discounts for qualified customers. You may be able to save by:

• Paying your policy in full
• Having a commercial auto policy in addition to general liability or a BOP
• Opting into our Smart Haul® program that connects your ELD driving data
• Taking advantage of our free fleet management tool Snapshot ProView®

Cost-saving strategies for insuring your box truck

To get great value on your box truck insurance policy, focus on minimizing risk. Keep a clean driving record, store your truck in a garage or secure lot, and follow a regular maintenance schedule. Proactive risk management can lead to long-term savings.

Ready to save on coverage with Progressive Commercial? Get a quote today and find an affordable box truck insurance policy that works for you.