Commercial Auto Insurance Calculator
Estimate fleet insurance costs based on vehicle count, use type, mileage, and coverage levels.
Financial Disclaimer
This calculator is for educational purposes only and does not constitute financial advice. Results are estimates based on the inputs provided. Consult a qualified financial advisor before making investment or financial planning decisions.
Inputs
Results
Total Monthly Premium
$961.19
≈ 7 pairs of sneakers
How to Use This Calculator
- Enter the number of commercial vehicles in the fleet.
- Set the vehicle type and average vehicle value.
- Input the primary use (delivery, service, passenger transport).
- Enter your desired liability limits.
- Review the estimated annual fleet premium and compare it to individual vehicle quotes.
How the result changes with Liability Limit
| Liability Limit | Total Monthly Premium |
|---|---|
| $770,000.00 | $835.82 |
| $1,945,000.00 | $961.19 |
| $3,355,000.00 | $1,170.15 |
| $4,530,000.00 | $1,170.15 |
What each input means
- Number of Vehicles
- Total number of vehicles in your commercial fleet.
- Average Vehicle Value
- Average value per vehicle for physical damage coverage.
- Vehicle Use Type
- Primary use of vehicles in your fleet.
- Liability Limit
- Combined single limit for commercial auto liability.
- Physical Damage Deductible
- Deductible for collision and comprehensive coverage.
- Annual Mileage per Vehicle
- Average annual miles driven per vehicle.
How this is calculated
Worked example, using the default values
- Identify Input Parameters4 parametersNumber of Vehicles = 5, Average Vehicle Value = 35000, Vehicle Use Type = 0, Liability Limit = 1000000 = 6 input(s) provided
- Calculate Total Monthly PremiumTotal Monthly Premium961.19 = $961.19
- Calculate Total Annual Premium11534.32 = $11,534.32
- Calculate Annual Cost per VehicleAnnual Cost per Vehicle2306.86 = $2,306.86
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