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Part 1 of The Industry Risk Series: Smart Insurance Moves for Today's Business Owners

  • jboynton96
  • Aug 4, 2025
  • 2 min read


Why Commercial Auto Insurance Is Getting More Expensive—And What You Can Do About It


If you're in the transportation business, you've probably felt it already: commercial auto insurance premiums are climbing—and fast. Whether you operate a small delivery fleet or manage a multi-state trucking company, the cost of keeping your vehicles covered is taking a bigger bite out of your bottom line.


But why is it happening? And more importantly—what can you do about it?


Why Premiums Are on the Rise


Several trends are driving up the cost of commercial auto insurance across the country, and especially in high-risk industries like transportation:


1. More Accidents, Bigger Claims

  • Distracted driving is on the rise, and so are crash rates.

  • Commercial vehicles tend to cause more damage, leading to higher bodily injury and property claims.

  • Jury awards in auto-related lawsuits are increasing—some verdicts now exceed $10 million.


2. Medical and Repair Costs Are Soaring

  • Vehicle repair costs have jumped due to parts shortages and labor inflation.

  • Medical care after an accident is significantly more expensive than it was just a few years ago.


3. Driver Shortages Mean Higher Risk

  • Hiring less experienced drivers to fill staffing gaps can raise risk profiles—and premiums.

  • Poor driving records or minimal training often translate into higher insurer loss expectations.


4. Nuclear Verdicts and Legal Trends

  • Plaintiff attorneys are increasingly targeting trucking and logistics companies in high-stakes lawsuits.

  • These "nuclear verdicts" push insurance companies to raise rates industry-wide.


What You Can Control: Smart Risk Management


The good news? You’re not helpless—and you don’t have to accept a bloated insurance bill as your new normal. Here’s how Coastline Risk helps transportation clients reduce their risk exposure and better manage insurance costs:


Proactive Risk Assessments


We evaluate your operations, from driver onboarding to vehicle maintenance logs, to identify where risk can be reduced or reclassified.


Driver Safety Programs


We help you implement training and monitoring programs that lower your risk profile—and make you more attractive to underwriters.


Market Comparison & Strategic Timing


We shop coverage across multiple commercial auto carriers and help time renewals strategically—because not all insurers rate risk the same way.


Claims Management & Premium Control


We help you reduce claims frequency and severity, which helps stabilize your long-term premiums—even in a rising market.


Why Transportation Clients Trust Coastline Risk


We know commercial auto coverage isn’t just about checking a box—it’s about protecting your people, your assets, and your business future. At Coastline Risk, we bring:


  • Deep experience with fleet-based operations and DOT-regulated businesses

  • Relationships with carriers who understand transportation risk

  • A commitment to educating and advising, not just selling policies



You can’t always control the market—but with the right strategy, you can control how it affects your business.


🚚 The road ahead may be uncertain, but your insurance strategy doesn’t have to be. Let Coastline Risk be your guide.





Contact Us Today: (617) 500-1824. / info@coastlinerisk.com


Protect your business, your team, and your projects with Coastline Risk. We're here to help you navigate the complexities of the insurance industry and secure the coverage you need to succeed. 


Learn more At Coastlinerisk.com




 
 
 

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