- Our expert take
- Old Republic commercial auto insurance at a glance
- How much does Old Republic commercial auto insurance cost?
- How does Old Republic determine commercial auto insurance rates?
- Does Old Republic offer any commercial auto discounts for business owners?
- What does Old Republic commercial auto insurance cover?
- What is included in Old Republic's commercial auto insurance?
- Does Old Republic offer optional or industry-specific coverage options?
- What types of vehicles does Old Republic insure?
- How does Old Republic compare to competitors?
- Compare commercial auto insurance companies
- How can I buy Old Republic commercial vehicle insurance?
- What our expert says
- FAQs: Old Republic commercial auto insurance guide
Our expert take
Old Republic Group is a leading commercial insurer that offers auto coverage through its subsidiaries. It also offers specialty coverage options for fleet owners or those who operate freight vehicles, including bulk commodity insurance, cargo insurance and excess limits for catastrophic losses.
Coverage options, limits and customer service will vary by the subsidiary issuing your policy, and the company doesn't offer online quotes or pricing.
- Specialty coverage options
- Large fleet and freight insurance
- Coverage varies by subsidiary
- No online quotes
Old Republic commercial auto insurance at a glance
| Review Category | Details |
|---|---|
| AM Best rating | A+ |
| NAIC Complaint Index | 0.75 |
| Available in | National |
| Best for | Small business owners looking for specialized coverage tailored for the needs of different industries |
| Not ideal for | Small business owners who want to quote and purchase online |
How much does Old Republic commercial auto insurance cost?
Old Republic doesn’t publish average costs for commercial auto insurance, making it difficult to compare to other companies’ premiums. According to Insureon, a small-business broker, the average commercial auto cost is $147 per month, or $1,762 per year.
To find out how much Old Republic's commercial auto insurance would cost for your business, request a personalized quote. Checking prices from Old Republic and other insurance companies will help you determine who offers the most affordable commercial auto insurance for your specific business situation.
How does Old Republic determine commercial auto insurance rates?
Old Republic determines your commercial car insurance rates after assessing your business’s risk profile. Main factors that influence cost include:
- Number, type and age of vehicles
- Vehicle use
- Driving history
- Claims history
- Industry
- Location
- Coverage types, limits and deductibles
Does Old Republic offer any commercial auto discounts for business owners?
Yes, Old Republic offers a range of discounts that may lower your commercial auto premium.
Old Republic doesn’t mention any commercial auto insurance discounts on its website. However, there might be ways to reduce your premium. Here are some ways to potentially save money on your commercial auto insurance policy:
Bundling discount: Many insurers offer a discount for bundling commercial auto insurance with another policy, such as general liability insurance or commercial property insurance.
Paid-in-full discount: You can sometimes earn a small discount if you pay your annual premium upfront and in full at the start of the policy period.
Good driver discount: If your employees have clean driving records with no recent accidents or violations, Old Republic might give you a discount on your commercial auto insurance premium.
Talk to an Old Republic agent about what discounts you may be eligible for.
What does Old Republic commercial auto insurance cover?
What is covered by Old Republic's commercial auto insurance policy depends on what coverage you pick to be a part of it. The most basic policy will include liability insurance and, if your state requires it, uninsured/underinsured motorist, personal injury protection (PIP), or medical payments (MedPay). A full coverage policy will also include collision and comprehensive, so your vehicle has protection.
Here’s a look at what a robust full coverage policy would have included, and what optional coverage could still be added to it with Old Republic.
| Coverage type | Good to know |
|---|---|
| Bodily injury liability | Required by states. Covers injuries you cause to others; required everywhere; limits vary by state. |
| Property damage liability | Required by states. Covers property damage you cause to others' property; usually optional. |
| Collision | Optional. If you have a lease or loan on a vehicle, the lender may mandate you have it. Covers damage or loss from business-use accidents. |
| Comprehensive | Optional. If you have a lease or loan on a vehicle, the lender may mandate you have it. Covers damage or loss from weather, theft, fire and more. |
| UM/UIM | Requirements vary by state. Covers damage or loss from accidents caused by uninsured and underinsured drivers. |
| PIP or MedPay | Availability and requirements vary by state. Covers medical expenses and related costs for you and your passengers after an accident, regardless of fault. |
| Hired and non-owned auto | Optional. Coverage for rented or employee-owned vehicles used for business. |
| Roadside assistance | Optional. Covers towing, battery jumps, flat tires and lockouts. |
| Rental reimbursement | Optional. Covers rental vehicle while business vehicle is out of service for an approved claim. |
| Trailer/cargo | Requirements vary by state. Covers trailers and cargo you use for business, but don’t own. |
| Any auto | Availability varies by state. Covers both hired and nonowned vehicles, such as an employee’s personal car used for business. |
What is included in Old Republic's commercial auto insurance?
Standard coverages offered through Old Republic's commercial auto insurance may include:
- Liability: Pays for injuries to others and damage to other cars or property when you or your driver is at fault for an auto accident. Limits can be split, such as $25,000 per person, $50,000 per accident for bodily injury and $25,000 per accident for property damage. A combined commercial auto insurance liability limit is typically used for medium- or large-sized vehicles that require higher limits, such as $300,000 for all bodily injuries and property damage.
- Uninsured/underinsured motorist (UM/UIM): Pay for injuries associated with an accident where the at-fault driver either has no insurance or lacks enough coverage to pay for your losses entirely. Depending on the state, it may include uninsured motorist property damage (UMPD), which pays for damage to your vehicle.
- Personal injury protection (PIP): Pays for accident-related medical expenses for you or your passengers, as well as lost wages and services such as childcare that you’re unable to do because of injuries.
- Medical payments (MedPay): Pays for injuries your driver and passengers incur in an auto accident, up to your policy limits.
- Collision: Pays to repair or replace your vehicle if it hits another object, overturns, rolls or is in a collision with another car, regardless of fault. Collision insurance comes with a deductible.
- Comprehensive: Pays to repair or replace the vehicle if it’s damaged by certain events listed on your policy, such as theft, vandalism, fire, or severe weather. Comprehensive insurance comes with a deductible.
Does Old Republic offer optional or industry-specific coverage options?
Optional commercial auto insurance coverage types offered by Old Republic include:
- Trailer/cargo: Protects cargo and trailers used for business operations that your company doesn’t own.
Old Republic’s subsidiaries also offer optional endorsement and specialty coverages, including bulk commodity insurance, gap insurance, vehicle service contracts and excess liability limits for catastrophic losses.
What types of vehicles does Old Republic insure?
Commercial auto insurance with Old Republic protects a broad range of vehicles, including:
- Business autos: Such as cars, light trucks, SUVs and vans
- Trucks: Old Republic covers a variety of trucks, from box trucks to tow trucks and food trucks
- Trailers: This includes Pickup truck utility trailers, dump trailers and dry freight trailers
How does Old Republic compare to competitors?
Old Republic doesn't list its commercial auto rates online, making it impossible to compare its rates with competitors without first requesting a quote through the company. It has lower complaints than most competitors its size.
Use Insurance.com’s commercial auto comparison tool to gain more insight into how Old Republic compares with top competitors.
How can I buy Old Republic commercial vehicle insurance?
To purchase a commercial car insurance policy from Old Republic, you’ll need to choose which subsidiary is right for your industry and coverage needs. You can learn more about the subsidiaries on Old Republic’s website.
Once you select the right subsidiary, you can call the company directly. Here’s a list of the companies that underwrite commercial auto insurance and other policies for vehicles and their main phone number:
BITCO Insurance Companies: (800) 475-4477
Great West Casualty Company: (800) 228-8602
Old Republic Insurance Company of Canada: (800) 530-5446
Old Republic Insured Automotive Services: (800) 331-3780
Old Republic Risk Management: (262) 797-3400
Old Republic Specialty Insurance Underwriters: (224) 283-6434
PMA Companies: (800) 222-2749
You should have these items handy when buying an Old Republic policy:
- Names, license numbers and driving record information (tickets or accidents) for all the workers who will operate business vehicles
- Business vehicle details, including make, model, year and VIN
- Your business location and intended use of each vehicle
- Estimated annual mileage for each vehicle
- Desired coverage types, policy limits and deductible amounts
Expert tips: How can I save money on Berkshire Hathaway commercial auto insurance? Commercial auto coverage is essential for small business owners. To save on commercial auto insurance, consider these strategies:
- Compare rates. Insurers — including Old Republic — assess risk differently. Request quotes from at least three companies to ensure you’re paying a competitive price for the coverage and limits your business needs.
- Bundle policies. If you already carry BOP or other commercial coverage with Old Republic, ask about bundling your auto policy to unlock savings.
- Check for discounts. Check with Old Republic agents about available discounts or savings programs you may be eligible for.
- Review your coverage choices. Reevaluate your Old Republic policy each year. Review your limits, deductibles and optional add-ons to confirm they align with your actual risks. If it fits your situation, raising your deductible often lowers costs.
What our expert says
Q: What is commercial auto insurance?
FAQs: Old Republic commercial auto insurance guide
How do I file a commercial auto claim with Old Republic?
To file an Old Republic claim, you can use the company portal or contact your agent directly.
Can I bundle my commercial auto insurance with other policies from Old Republic?
Old Republic policyholders can bundle commercial auto insurance with other Old Republic business insurance, like a business owner's policy (BOP) or general liability. However, you can only bundle with the same Old Republic subsidiary. For instance, you can bundle commercial auto insurance and general liability insurance from Great Western. You can’t bundle commercial auto insurance from Great Western and general liability insurance from Old Republic Risk Management because they’re different underwriters.
Does Old Republic offer fleet insurance?
Yes, Old Republic offers fleet insurance, with its subsidiary Great West Casualty focuses on trucking fleets to protect companies that have multiple vehicles. Talk to an agent to learn more about Old Republic's commercial auto fleet program.
