What Happens to Your Truck Insurance at Renewal?
Truck insurance renewal costs and premium changes for 513 tracked trucking companies
For most truckers, renewal means bracing for a double-digit hike. Our data says it doesn't have to. Across 513 tracked renewals of 1–4 truck companies with Aronson Group, the median change was +7.5% and 30% of renewals actually went DOWN, with 43% coming in flat or lower. That's against an industry backdrop where renewal increases only recently decelerated from over 10% to under 6%, after years of double-digit trucking hikes.
Renewal is where truckers get hurt, because it's where nobody is paying attention. The industry pattern is simple: your carrier files for rate, your agent re-issues the policy, and the number creeps 8%, 12%, sometimes 30% whether or not you had a claim. Industry-wide, premiums rose every year from 2022 through 2025 even as crash rates fell, driven by nuclear verdicts and litigation costs rather than driver behavior. (Developer: link ATRI/industry sources.)
Here's what 513 real renewals look like when someone is paying attention. We re-shop files at renewal instead of re-issuing them same intake, multiple A-rated markets (Great West, Progressive, GEICO, Acuity, Nirvana, Cover Whale, BHHC, Northland, and Canal) and the distribution below is the result. 62 clients saw their premium drop more than 15%. Only about a quarter saw the double-digit hike the industry treats as normal.
The pattern also differs by operation: flatbed renewals in our book went down 36% of the time, dry van 33%. If your renewal letter just landed or lands in the next 90 days that's exactly the window where a second set of carriers changes the outcome.
513 Renewals: The Full Distribution
Distribution of 513 tracked 1–4 unit client renewals, strict data filters applied (plausible annual premiums, 0.4x–2.5x renewal ratios).
| Renewal Outcome | Clients | Share of 513 |
|---|---|---|
| Premium DOWN more than 15% | 62 | 12% |
| Premium DOWN 0–15% | 93 | 18% |
| Flat (0–5% increase) | 68 | 13% |
| Up 5–15% | 150 | 29% |
| Up more than 15% | 140 | 27% |
FAQ
How much does truck insurance go up at renewal?
Industry renewal increases have run double-digit for years, only recently decelerating to under 6% on average. Across 513 tracked Aronson Group client renewals, the median change was +7.5% and 30% of renewals went down, with 43% flat or lower, because we re-shop files at renewal instead of re-issuing them.
Can my truck insurance actually go down at renewal?
Yes it happened for 155 of the 513 renewals we tracked (30%), including 62 clients whose premiums dropped more than 15%. Renewal decreases usually come from re-shopping across more carriers, corrected classifications, and improved loss history not from asking your current carrier nicely.
When should I start shopping my renewal?
60–90 days before your renewal date. That's enough time to gather loss runs, get quotes from multiple carriers, and make a clean transition if the numbers favor switching without any coverage gap.
Do I have to switch carriers to get a better renewal?
No. Sometimes the leverage of competing quotes improves your current carrier's number; sometimes the best move is staying put 43% of our tracked renewals came in flat or lower. What matters is that the file was actually shopped so the decision is informed.
How fast can I get a renewal comparison?
Get an estimated indication by email in about 60 seconds, or call our 24/7 quote line 563-278-3399 and a licensed producer follows up within 24 business hours with a formal comparison.