Get commercial auto insurance quotes
Save money by comparing insurance quotes from multiple carriers.
Choose from the nation's best insurance providers
Commercial auto insurance in Rhode Island
Commercial auto insurance covers legal fees and other expenses if a business vehicle is involved in an accident. It's required for all commercial vehicles in Rhode Island.
Who needs a commercial auto insurance policy in Rhode Island?
Any Rhode Island company that uses vehicles for business purposes should insure them appropriately. Commercial auto insurance covers vehicles owned by your business.
Your personal auto insurance policy covers you while driving to and from work, but not while making deliveries, picking up supplies, and other work-specific uses.
A business auto policy would cover you and your personal vehicle in case you’re at fault for an accident during a work-related errand.
Any vehicles you own solely for work purposes must be covered by a commercial auto policy, whether you own a landscaping pickup, a food truck, or a fleet of company cars.
What if I use my personal vehicle for work?
If you’re using your own vehicle for work-specific activities, your personal auto policy wouldn’t cover you in the case of an accident. That’s why many small business owners purchase hired and non-owned auto (HNOA) insurance. This liability policy covers accidents in personal, leased, and rented vehicles used for work purposes.
If you or an employee gets into an accident while driving a personal car for a work errand, your HNOA coverage would help pay for any claims or lawsuits against your business. It’s worth noting that this would not cover physical damage to the vehicle used by your business.
Why is commercial auto insurance important?
Your business could be at risk of legal and financial jeopardy without commercial auto insurance coverage. In Rhode Island, all vehicles are required to carry auto liability insurance.
If one of your business vehicles is at fault in an accident, you could face an expensive lawsuit or settlement. You’d likely have to pay for damage to the other vehicle or property, medical costs, lost wages, pain and suffering, plus other related costs.
Additionally, you could face severe penalties for not carrying auto insurance. Driving without insurance in Rhode Island could result in a fine of $100 and suspension of your license and registration for three months.
Get commercial auto insurance quotes for Rhode Island businesses
How does commercial vehicle insurance work in Rhode Island?
From Providence to Cranston, all personal and business vehicles in the state of Rhode Island are required to have a minimum amount of auto liability insurance coverage. Rhode Island's insurance requirements are:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $25,000 property damage liability per accident
Your insurance agency might recommend higher policy limits based on the types of vehicles you own and how they’re used.
Semi-trucks, utility trailers, cargo trailers and other vehicles with a Rhode Island Department of Transportation serial number will have additional liability coverage requirements, depending on the type of vehicle and how it’s used.
You can see if your business needs these additional requirements by checking your USDOT number or docket number with the Federal Motor Carrier Safety Administration.
How much does commercial car insurance cost?
Commercial auto insurance costs an average of $271 per month.
Your cost is based on a few factors, including:
- Number of vehicles
- Vehicle type and value
- Level of risk involved
- Claims history
- Employee driving records
- Policy deductible and limits
What our customers are saying
What else does commercial auto insurance cover?
While every Rhode Island business owner must meet the minimum requirements for business auto insurance, this mandate only applies to liability coverage.
This can protect you if one of your vehicles causes an accident, but it does not insure you against a mishap caused by someone else.
It’s worth considering these other commercial auto coverage options to make sure you’re fully protected:
- Uninsured motorist coverage insures you against personal injuries and damage involving a company vehicle, in case whoever caused the accident is unable to cover the full cost of damages.
- Medical payments coverage pays for medical expenses if employees and passengers are injured in a company-owned vehicle, regardless of who is at fault.
- Collision coverage helps pay for the cost of repairing or replacing your company vehicle if it’s damaged in an accident, regardless of who was at fault.
- Comprehensive coverage covers the costs of non-collision damages such as vandalism, theft, flood, or fire.
- Towing and labor coverage covers the cost of roadside assistance for company-owned vehicles.
- Loading and unloading coverage insures against the damage of equipment and materials during transport, loading, or unloading.
- Bobtail coverage is recommended when you’re using tractors without a trailer. It usually covers the insured vehicle at all times, even during non-work-related uses.
Get free auto insurance quotes and buy online with Insureon
Insureon makes it easy for Rhode Island business owners to get affordable commercial auto insurance and protect their businesses from financial losses.
You can speak to a licensed insurance agent to discuss auto insurance and other types of coverage to protect your business, such as workers' compensation, general liability, and commercial property insurance.
Start an application for commercial auto insurance quotes today to review quotes specific to your business and industry from leading U.S. insurers.
Updated: May 30, 2025
EXPLORE ON INSUREON
SHARE THIS ARTICLE
