Hunter NelsonOwner of Nelson Insurance Agency

More Trucks Better Insurance Rates The Truth Revealed!

20 Aug 2026 · 1 min

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In this segment, Hunter Nelson explains that the number of trucks in a commercial fleet directly influences insurance premiums and the pool of insurers willing to provide coverage. He notes that many insurance carriers impose minimum fleet size requirements—ranging from as few as five trucks to as many as two hundred—to issue a quote. The larger the fleet, the more insurers will consider the business, keeping the company within the standard insurance marketplace and typically resulting in more favorable rates.

Number of trucks does affect your guys's premium and how many insurance companies will look at you guys. So a lot of these guys will say, "Hey, I need at least five trucks to get a quote for you. I need ten trucks." There's people who say fifty trucks. There's people who say two hundred trucks. People say thirty-five trucks, twenty-five trucks. It goes on and on and on. The more trucks you have, the more insurance companies you have, and you're still in the standard marketplace of insurance companies, and definitely is going to help your rates.