Arizona Commercial Vehicle Insurance
Get a full analysis of Arizona 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 Arizona
Many businesses in Arizona rely on company vehicles to perform certain business operations. Whether it's making deliveries, transporting people or goods, or something else, if your business uses company vehicles for work purposes, it must be covered by enough commercial auto insurance. Without this coverage, your business could be subject to harsh state penalties like fines or the forced suspension of business operations.
Luckily, an independent insurance agent in Arizona can help you find competitively priced commercial vehicle insurance that's compliant with state laws in Arizona. They'll find the right policy after reviewing your unique business's coverage needs. First, though, here's an overview of Arizona commercial auto insurance requirements and more.
Best Commercial Vehicle Insurance Companies in Arizona
Whether you're looking for cheap commercial auto insurance in Arizona or top-tier coverage, it's helpful to have an idea of where to begin. There are many Arizona commercial auto insurance providers, but only a few can truly be considered the best. So, we've put together a list of just a handful of our top picks for the best Arizona commercial vehicle insurance companies for you.
- West Bend: West Bend sells commercial auto insurance and many types of personal and business insurance. The carrier has excellent official ratings from AM Best and the Better Business Bureau (BBB) and offers 24/7 claims reporting and numerous discounts.
- Progressive: Progressive sells commercial auto insurance and many other personal and business insurance products. The carrier has outstanding financial strength and provides 24/7/365 customer service.
- Nationwide: Nationwide offers commercial auto insurance and many other personal and business insurance products. The carrier has excellent ratings from AM Best and the BBB and provides 24/7 claims reporting.
- Central Insurance Companies: Central Insurance sells commercial vehicle insurance and many other personal and business insurance products. The carrier has outstanding ratings from AM Best and the BBB, provides 24/7 claims reporting, and has overwhelmingly positive customer feedback.
An independent insurance agent can help you find low-cost commercial auto insurance in Arizona from one of these outstanding carriers or others.
What Commercial Vehicle Insurance in Arizona Can Cover
Commercial vehicle insurance in Arizona may come with many different types of protection in a single policy. Your business can choose from the following types of coverage:
- Comprehensive insurance: This covers costs for damage to your business vehicles due to a non-collision event such as a flood or theft.
- Medical payments insurance: This covers any costs related to medical treatments if a company driver or their passengers get injured in an accident while using a company vehicle for business purposes.
- Uninsured/underinsured motorists insurance: This covers costs 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.
- Liability insurance: This covers the costs of property damage or bodily injury your business causes a third party with a company vehicle.
- Collision insurance: This covers costs related to any damage to your business vehicles from a collision with another driver, regardless of fault.
An independent insurance agent can help your business get set up with the right kinds of Arizona commercial auto insurance.
Commercial Vehicle Insurance Requirements in Arizona
Your Arizona business must be equipped with at least the state's minimum mandated coverage under a commercial vehicle policy. Make sure your business's commercial auto insurance includes at least the following:
- 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 Arizona.
- Property damage liability insurance: Coverage of at least $15,000 per incident of property damage liability coverage is required for businesses with company vehicles in Arizona.
The minimum commercial auto insurance requirements in Arizona are 25/50/15. An independent insurance agent in Arizona can help you find a policy that satisfies these state requirements.
Find Commercial Auto Insurance
Our independent agents shop around to find you the best coverage.
What Commercial Vehicle Insurance in Arizona Will Not Cover
A commercial vehicle insurance policy in Arizona includes protection for company vehicles from several angles. As such, these policies won't cover damage to or theft of business property that would fall under commercial property insurance or any employee injuries due to the job environment or work duties, which would fall under workers' compensation. Here are a few other possible exclusions:
- Commercial vehicle accidents caused by employees who were intoxicated
- Environmental pollution damage to company vehicles
- Intentional damage or injuries caused by employees using company vehicles
An Arizona independent insurance agent can help you find the specific coverage exclusions listed in your business's commercial vehicle insurance policy.
Average Cost of Commercial Vehicle Insurance in Arizona
On average, your business will pay about $147 per month for commercial auto insurance in Arizona. However, the type and amount of company vehicles your business needs coverage for, as well as its exact location and annual revenue, can affect the cost of insurance premiums. Other factors that might impact your business's commercial vehicle insurance premiums are:
- How frequently and where all company vehicles are used
- Your business's claims history
- Driving records of all employees who operate company vehicles
- How much coverage you need and which kinds of coverage you select
An independent insurance agent in Arizona can help you find your exact commercial auto insurance policy's coverage exclusions.
Popular Questions about Arizona Commercial Vehicle Insurance
If your business makes deliveries or otherwise relies on company vehicles in Arizona, yes, you'll need commercial auto insurance. State law requires these businesses to have coverage to avoid penalties.
Arizona state law does require commercial auto insurance for businesses with company vehicles. If your business does not use vehicles for business purposes, it may not need this coverage.
In Arizona, commercial auto insurance covers at least liability in two forms. These include bodily injury liability and property damage liability.
In Arizona, the following commercial auto insurance coverage is mandated by state law:
- 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 $15,000 per incident of property damage liability coverage is required.
Arizona allows businesses to deduct commercial vehicle insurance premiums. These costs are considered legitimate business expenses that can be deducted from a company's total taxable income.
In Arizona, a commercial auto insurance policy must include at least liability coverage at a minimum. However, your business can customize its policy to include more protection, such as comprehensive and collision coverage.
In Arizona, you can expect a commercial auto insurance policy to cost just under $150 per month on average. But the size of your business, the number of vehicles it needs to insure, and many other factors may impact these costs.
Arizona 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/arizona