Trucking Insurance: New Progressive Insurance Pay Per Mile- ELD- Truck Liability Insurance Could Save You 3%-18%
Trucking Insurance – Use Of Smart Haul Or ELD:
Smart Haul is the country’s first commercial usage-based insurance option, provided by Progressive Commercial, the #1 truck insurer. This innovative program offers truckers an opportunity to save on their commercial auto insurance premiums by paying based on how much they drive. It’s designed to give businesses more control over their insurance costs, making it a more flexible and affordable option.
The Savings Can Be Substantial
Eligible truckers could save anywhere from 3% to 18% on their Commercial Auto policy premiums. These savings depend on the amount of driving done by the trucker and their driving behavior. By allowing Progressive to access driving data, drivers can receive a credit that directly impacts their premium. The more efficient and safe the driving, the greater the savings.
A Win-Win Situation
This program benefits both the insurer and the trucker. The trucking business enjoys significant savings on insurance costs, while Progressive collects valuable driving data to more accurately assess risk. As a result, truckers who maintain safe driving habits will see better savings, making this an even more attractive option. It’s a win-win situation that encourages safe driving while helping truckers reduce their insurance premiums. With the rising costs of business, Smart Haul provides an effective way for truckers to save money and invest in the success of their operations.
MOST TRUCKERS ARE ELIGIBLE
A trucker is eligible for the Smart Haul program if they are using an ELD to track hours of service in a vehicle on a Progressive Commercial Auto policy based in most states. (Trucking Insurance policies in Alaska, California, District of Columbia, Hawaii, Iowa, Kansas, Nebraska, New Hampshire, New York, and Virginia are not eligible.)
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