Connecticut Commercial Vehicle Insurance
Get a full analysis of Connecticut commercial vehicle insurance costs, coverages & companies.
Written by
Christine Lacagnina has written thousands of insurance-based articles for TrustedChoice.com by authoring consumable, understandable content.
Find the Best Commercial Vehicle Insurance Rates & Companies in Connecticut
Connecticut businesses encompass many different industries and have varying insurance needs. Those businesses that rely on company-owned vehicles as part of their day-to-day operations must supplement their business insurance policies with commercial auto insurance. This coverage can help reimburse your business for liability-related expenses, accidents, vehicle theft, and more.
A Connecticut independent insurance agent can help your business get set up with the right commercial vehicle insurance. They'll get you matched to the ideal policy right away. But first, here's an overview of commercial auto insurance in Connecticut.
Best Commercial Vehicle Insurance Companies in Connecticut
When you're looking for commercial auto insurance in Connecticut, you want to start by checking into the top-rated carriers. There are many commercial auto Connecticut insurance companies, but we've put together a list of a few of our highest recommendations for you.
- Plymouth Rock Assurance: Plymouth Rock sells commercial vehicle insurance and many other personal and business insurance products. The carrier is highly rated by AM Best and the Better Business Bureau (BBB) and offers affordable premium rates and many discount options.
- EMC Insurance Companies: EMC Insurance sells commercial vehicle insurance and many other business insurance products. The carrier is highly rated by AM Best and the BBB, has affordable prices, and provides 24/7 customer service.
- Central Insurance Companies: Central Insurance sells commercial vehicle insurance and many other personal and business insurance products. The carrier is also highly rated by both AM Best and the BBB, offers 24/7 claims reporting, and has extensive positive customer feedback.
- Nationwide: Nationwide sells commercial auto insurance and many other personal and business insurance products. The carrier is highly rated by AM Best and the BBB and provides 24/7 claims reporting.
A Connecticut independent insurance agent can help your business find the right commercial auto policy for its unique needs.
What Commercial Vehicle Insurance in Connecticut Can Cover
Your business's commercial auto insurance policy might include several types of coverage, depending on what you choose. The following types of coverage are commonly found in commercial vehicle insurance in Connecticut:
- Comprehensive insurance: Pays for expenses related to damage to your business vehicles due to a non-collision event such as a flood or theft.
- Uninsured/underinsured motorists insurance: Pays for expenses related to accidents involving other drivers who don't carry enough or any car insurance of their own to pay for their portion of the expenses.
- Medical payments insurance: Pays for expenses related to medical treatments if a company driver or their passengers get injured in an accident while using a company vehicle for business purposes.
- Collision insurance: Pays for expenses related to any damage to your business vehicles from a collision with another driver, regardless of fault.
- Liability insurance: Pays for expenses related to liability due to property damage or bodily injury your business causes a third party with a company vehicle.
A Connecticut independent insurance agent can help your business build the right commercial auto policy for the job.
How Much Commercial Vehicle Insurance Is Required in Connecticut?
You must have commercial vehicle insurance by state law in Connecticut if your business uses company vehicles for work purposes. Connecticut law mandates at least the following types and amounts of commercial auto coverage for businesses:
- Bodily injury liability insurance: Coverage of at least $25,000 per person and $50,000 per accident of bodily injury liability insurance is required for businesses with company vehicles in Connecticut.
- Property damage liability insurance: Coverage of at least $25,000 per incident of property damage liability coverage is required for businesses with company vehicles in Connecticut.
- Uninsured/underinsured motorist coverage: Coverage of at least $25,000 per person and $50,000 per accident of uninsured/underinsured motorist coverage is required for businesses with company vehicles in Connecticut.
Working together with an independent insurance agent in Connecticut can help you ensure your business meets these minimum coverage requirements.
What Commercial Vehicle Insurance in Connecticut Will Not Cover
It's helpful to be aware of your commercial auto policy's coverage exclusions so you don't waste time filing claims that are bound to get denied. Being aware of these coverage exclusions can also help you be aware of other types of coverage you may want for your business. Commercial vehicle policies typically don't cover:
- Damage to other business property that can be covered by commercial property insurance
- Injuries to employees that can be covered by a workers' compensation policy
- Environmental pollution damage to company vehicles
- Commercial vehicle accidents caused by employees who were intoxicated
- Any intentional damage or injuries caused by employees using company vehicles
Your Connecticut independent insurance agent can review your specific policy with you so you understand what's excluded from your business's commercial vehicle insurance coverage.
Find Commercial Auto Insurance
Our independent agents shop around to find you the best coverage.
Average Cost of Commercial Vehicle Insurance in Connecticut
It costs an average of $147 per month for commercial auto insurance in Connecticut. However, the cost of your business's policy can vary based on a few or all of the following factors and more:
- The driving history of all employees who operate company vehicles
- The kind of coverage in your policy
- Your business's size, annual revenue, and location
- Your company's claims history
- The type and amount of company vehicles that need insurance
- How frequently and where all company vehicles are used
An independent insurance agent in Connecticut can help you better understand the factors that may impact your business's commercial vehicle insurance premiums.
Popular Questions about Connecticut Commercial Vehicle Insurance
If your business uses company vehicles for work purposes in Connecticut, you'll need commercial auto insurance. Work purposes can include things like making deliveries, transporting goods, and more.
Yes, Connecticut state law mandates commercial auto insurance. This coverage is required for businesses that rely on company vehicles.
In Connecticut, commercial auto insurance must at least include liability coverage and uninsured/underinsured motorist coverage. But your business can customize its policy to include additional protections if you desire.
The following types and amounts of commercial auto insurance are required by law in Connecticut:
- Bodily injury liability insurance: Coverage of at least $25,000 per person and $50,000 per accident of bodily injury liability insurance is required.
- Property damage liability insurance: Coverage of at least $25,000 per incident of property damage liability coverage is required.
- Uninsured/underinsured motorist coverage: Coverage of at least $25,000 per person and $50,000 per accident of uninsured/underinsured motorist coverage is required.
Yes, commercial vehicle insurance is tax-deductible in Connecticut. Businesses can deduct the cost of their policy's premiums from their total taxable income for the year and claim them as a business expense.
A commercial auto policy must include at least liability coverage in the form of bodily injury liability and property damage liability. Connecticut also requires policies to include uninsured/underinsured motorist coverage.
In Connecticut, the average cost of commercial auto insurance is about $147 per month. But the cost of your business's policy may vary based on your business's location, revenue, number of company vehicles, and other factors.
When you're looking for the right coverage, it's extremely helpful to find an agent for commercial auto insurance in Connecticut. That's because Connecticut independent insurance agents can pull quotes and shop and compare policies from multiple commercial vehicle insurance carriers in your area. They'll ultimately get you matched to a policy that offers the best blend of coverage and cost. Better yet, your agent can help your business file claims down the road and update your coverage as necessary.
https://www.insureon.com/small-business-insurance/commercial-auto/connecticut