Check out these Progressive vs GEICO comparisons to see who had the cheapest Dump Truck Insurance this week:
These are examples CIS ran from just last week, and the fluctuations are wild.
CIS is Commercial Insurance Solutions Inc., an independent agent representing both Progressive and GEICO.
Guys, we can’t say this enough: Run a quick comparison for yourself to lock in the best deal NOW.
You could be leaving serious money on the table.
Commerical Truck Insurance Progressive vs GEICO Quotes Online
Why is Dump Truck Insurance so Expensive?
Dump truck insurance is a special type of coverage for companies that haul loose materials like sand, gravel, rock, dirt, or asphalt.
Sounds simple enough, so why is the insurance for dump trucks 10% to 25% higher than for other trucking like dry vans or flatbeds?
Dump trucks frequently work in high-risk construction zones so they have a greater chance of severe injury claims.
They also spend more time on local roads versus highways, which increases their exposure to accidents.
What Affects YOUR Dump Truck Insurance Premium?
Ever wonder why your buddy pays a different price for his dump truck insurance than you do?
It’s not random.
Insurance companies look at a bunch of different factors to figure out your specific rate.
Here’s what they consider:
- Your insurance credit score
- Your driving record
- The state you live in and where you park your dump truck
- The value of your dump truck
- What kind of materials you typically haul
- Your average driving distance
- How long you’ve been operating that type of dump truck
With all these factors and each provider’s unique algorithm at play, premiums can and are all over the map.
What Kind of Coverage does Progressive & GEICO Have for Dump Trucks?
Progressive and GEICO both offer Commercial Auto Liability and General Liability for dump trucks.
While you can get a minimum of $750,000 in Auto Liability, most companies you haul for will ask for $1 million.
That’s pretty much the industry standard, along with $1 million in General Liability.
Both companies also provide Additional Insured and Waiver of Subrogation endorsements.
Your Physical Damage, or Comp and Collision are based on the Stated Value of your truck.
If you need Cargo Coverage they’ve got that too.
Why CIS for your Dump Truck Insurance?
CIS is a family-owned agency focused 100% on the little guy.
We know it’s the mom-and-pop, small family-owned trucking companies that keep America moving.
We’ve got their backs just like they’ve got ours.
Check out our 5-star Reviews to see how we treat our hard working guys.
We’re all about getting to know our clients by name, and we love it when you call us just to chat.
Our dedicated transportation insurance pros are here to help you grow your company with real world advice.
We get that every Dump Truck Business Owner has unique contracts and setups.
We’ll work hard to find you the best coverage at the lowest premiums when you start your policy and at every single renewal.
At no extra charge, ever.
With construction booming and the trucking market finally thriving again, it’s a great time for you to run some new numbers for your truck insurance.
We’ll compare GEICO vs. Progressive and several other carriers to find the lowest premium for your Dump Truck.
You can start at Commercial Truck Insurance Quote Online or just give us a call.
We’d love to chat with you!
CIS (330) 864-1511
We are CIS, and We Make Your Truck Insurance Easy!
