Cheap Commercial Auto & Truck Insurance Quotes in Iowa

There are more than 260,000 businesses that operate in Iowa. These businesses employ up to 650,000 individuals or about 48% of the private workforce. These businesses rely on the use of vehicles as part of their day-to-day operation, whether it is directly or indirectly involved with business operation. Obtaining commercial auto insurance policy is required by the state law to ensure to protect against financial loss due to vehicle accidents and legal costs.

A typical commercial auto insurance policy in Iowa can cover a number of vehicle types, such as cars, vans, and trucks. The driver is covered, as well.

Cheap Commercial Auto & Truck Insurance Quotes

How much coverage do you need?

In Iowa, the state government has imposed minimum coverage requirements for commercial auto insurance. It starts with $20,000 for bodily (per person) and $40,000 for injuries resulting to death (with two or more persons involved). For property damage, the minimum coverage is $15,000 (per accident).

To get the adequate protection, you need to obtain coverage that is well above the state minimum requirements. It is also important to understand the nature of your business and the risks involved with the type of vehicle being operated, as well as type of cargo. These factors can influence the extent of coverage you need to ensure your business is protected.

Cheap Commercial Auto & Truck Insurance Quotes

Average cost of Iowa commercial auto insurance

The average cost of commercial auto insurance policy in Iowa varies from one insurance provider to another. However, the average cost is $900 to $1,200. Large vehicles such as heavy trucks and trailers can cost up to $2,400 in insurance per year. There are specific factors such as driving record and type or size of vehicle that can influence the final quoted rate. On average, the minimum liability limits is valued at $1 million.

If you want to save on your insurance policy, you can shop around for various quotes to do a thorough comparison.

Commercial Auto & Truck Insurance Near Me

commercial auto truck insurance Iowa

Best Commercial Auto & Truck Insurance Companies

Truckline Insurance Group, LLC

1170 Iowa St, Dubuque, IA 52001

(319) 465-7017

Truckers Insurance Associates

1280 Office Plaza Dr, West Des Moines, IA 50266

(515) 276-7704

Davis Insurance Agency

2815 Beaver Ave # 200, Des Moines, IA 50310

(515) 274-3838

Auto-Owners Insurance Co

1621 W Lakes Pkwy, West Des Moines, IA 50266

(515) 200-3753

EGR Insurance Inc.

300 Main St, Moville, IA 51039

(712) 873-3455

TrueNorth Companies

500 1st St SE, Cedar Rapids, IA 52401

(319) 364-5193

Auto-Owners Insurance Co

5925 Council St NE #100, Cedar Rapids, IA 52402

(319) 393-0043

Ludovissy & Associates Insurance

103 Riverview, Bellevue, IA 52031

(563) 518-5257