Coverage Insights – Factors Increasing Commercial Auto Insurance Rates


Exposures related to commercial auto insurance are vast, and a number of industry changes, as well as the frequency and severity of claims, have had a significant impact on carriers in the space. In fact, many carriers are finding it difficult to maintain profitability for commercial auto insurance and, in turn, are passing the uptick in cost along to insureds. This Coverage Insights will examine some of the trends driving up the cost of commercial auto insurance.