Hunter NelsonOwner of Nelson Insurance Agency

Truck Count Secrets Unlock Cheaper Insurance NOW! #truckinginsurance #autoinsuranceusa

19 Aug 2026 · 1 min

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In this segment, Hunter Nelson explains how a trucking company's fleet size and years in operation directly influence the range of commercial auto insurers available and the resulting premium rates. He outlines key business‑age milestones—reaching 2, 3, and 5 years—that progressively open the market to more carriers, increasing competition and typically lowering costs. He also notes that as a fleet grows (e.g., hitting five trucks), the company enters the standard marketplace, gaining access to additional insurers. Ultimately, Nelson emphasizes that beyond these thresholds, the decisive factor becomes the carrier’s loss ratio and the underlying data used to price the risk.

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The more trucks you have, the more insurance companies you have, and you're still gonna be in the standard marketplace of insurance companies, and definitely it's gonna help your rates. But as you guys are growing, you guys are hitting 5 trucks, 5 years in business, whatever the case is, I'm gonna go down this ladder here. Once you guys hit 2 years in business, you guys have more insurance companies that are gonna start taking you, start looking at you. Typically those insurance companies definitely can be better. Your insurance will decrease even with the current guys. Mm-hmm. But, uh, more options is always a good thing because it's a higher percentage that your premium will go down regardless. But then you get 3 years in business, that's the second big leap. 3 years in business, now you get even more insurance companies gonna take you. 5 years in business, there's a couple more insurance companies that'll start looking at you, uh, which is great. It just becomes a pure— what's your loss ratio? Look at the data, what goes on from there.