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Compare commercial car insurance for manufacturing businesses

Get coverage with a policy designed for your product delivery fleet, but rates will depend on how your fleet is used.

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You might need commercial car insurance if your business transports wholesale goods and equipment. Costs depend largely on how much coverage you need as well as the vehicles in your fleet. Look for discounted packages that bundle your insurance needs.

Which manufacturing businesses need commercial car insurance?

If you’re manufacturing and transporting wholesale products, you will likely need commercial car insurance. Business auto insurance is usually required if your vehicle is titled to the business, has equipment installed, is used by employees or has a rated load capacity of over 2,000 pounds.

Manufacturing businesses that may need commercial car insurance include:

  • Bottling or canning facilities
  • Coal manufacturers
  • Chemical producers
  • Clothing manufacturers
  • Electronics manufacturers
  • Fabricators
  • Food mills and refineries
  • Furniture manufacturers
  • Meat packing plants
  • Metal and metal works manufacturers
  • Mobile home manufacturers
  • Pet product manufacturers
  • Pharmaceutical companies
  • Plastic manufacturers
  • Printers
  • Publishers
  • Textile mills
  • Tobacco plants

    What car insurance coverage do I need for my manufacturing business?

    Manufacturers need liability coverage at a minimum. Other types of standard commercial car coverage include:

    • Liability. Pays for damages or personal injuries for the other driver when your company causes an accident.
    • Collision. Covers damages to your vehicle that result from an accident.
    • Comprehensive. Covers expenses related to natural disasters, theft and other situations outside of accidents.
    • Uninsured/underinsured motorists. Covers damages and medical expenses if you’re in an accident with a driver whose liability limit isn’t high enough for your business.
    • Medical payments or personal injury. Protects your drivers and passengers by covering medical expenses not covered by health insurance or workers’ compensation.
    • Trailer coverage. Covers the trailers you use to transport wholesale goods to your retailers. Depending on your state, you might need separate liability insurance for your trailers.

    Compare car insurance for manufacturing businesses

    Name Product AM Best financial rating Available states
    CoverWallet
    Not rated
    All 50 states
    Compare multiple quotes for business auto insurance to find the cheapest rates from this online commercial insurance broker.
    Insurance321 commercial car insurance
    Not rated
    All 50 states
    Connect with a commercial agent who understands your industry and receive a personalized quote in as little as four minutes.
    Esurance commercial car insurance
    A+
    All states except AK, DE, HI, MT, NH, VT, WY
    Help yourself to dozens of coverage options and accelerated claims process for business cars, vans or box trucks.
    Liberty Mutual commercial car insurance
    A
    All 50 states
    Take advantage of telematics to monitor and improve employees' driving and save on insurance premiums.
    Allstate commercial car insurance
    A+
    All 50 states
    Customized, industry-specific polices like leased car coverage plus quick claims filing.
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    Compare up to 4 providers

    What additional coverage should I consider?

    Depending on the type of industry you’re in, you may need to find packages that allow you to bundle coverage. Review which add-ons make the most sense for your business.

    General add-ons

    • Equipment insurance. Protect your business equipment from damages or theft while on the road. You may not find it categorized under commercial car insurance.
    • Roadside assistance. Don’t let minor roadside repairs slow down business. Get coverage for repairs and towing costs.
    • Loan/lease gap. This coverage protects your business from paying on a car’s loan or lease after a total vehicle loss. This coverage applies to amounts not covered by the claim.
    • New vehicle replacement. Replace your much-needed business vehicles if they’re totaled in an accident.
    • Rental reimbursement. Cover the cost of a rental so that you can carry out basic business duties while your car is in the shop.
    • Income loss/downtime coverage. Bridge the gap on your risk of losing revenue when dealing with a commercial vehicle accident.

    Industry specific add-ons

    • Nontrucking liability. If you own commercial trucks, you may want to protect them for use outside of your business.
    • Trailer interchange. Get coverage for non-owned commercial trailers you use with your company trucks.
    • Fleet owner package. Many manufacturers own a fleet of vehicles to conduct business. Save on costs by bundling your commercial truck insurance coverage.
    • Manufacturer business package. For the exact coverage your business needs, you may be able to bundle commercial car insurance along with other industry-specific commercial insurance.
    • Inland marine. Not just for property moved on boats, inland marine coverage protects your cargo in transit by land and by sea. Cover the full value of wholesale goods on your transport trucks, in case of an accident.

      How much is car insurance for a manufacturing business?

      Insurance prices can vary widely based on the type of manufacturing you do. Your rates will depend largely on how you’re using the vehicle, its weight and how much coverage you need:

      • Commercial car. Regular vehicles used for day-to-day business needs will cost an average of $1,250 a year to insure.
      • Semi-trailer truck. A bigger vehicle used to carry cargo, goods or equipment can run you an average $1,575 a year to insure.
      • Tractor trailer. Because of the vehicle’s weight, tractor trailers can cost more than $2,500 a year to insure. However, you may be eligible for discounts if you own a fleet.

      Bottom line

      As a manufacturer, you likely transport your goods and equipment with a fleet of cars, vans and trucks. Consider coverage beyond your liability minimum to protect your employees, your goods and your fleet. Opt for a business package to cover many needs at once.

      Compare commercial car insurers to find the best fit for your business’s needs.

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