Commercial Auto renewals can increase for many reasons.
Possible reasons include:
- Accidents
- Traffic violations
- Large claims
- More vehicles
- More drivers
- Higher vehicle values
- Changes in garaging
- Increased operating radius
- Change in business activity
- Increased repair costs
- Increased liability claim severity
- Driver changes
- Coverage changes
- Carrier rate changes
Ask your agent to compare the renewal against the expiring policy.
Do not compare only the total premium.