If you ask almost any Florida business owner what insurance line has caused the most stress this year, one answer rises to the top every time: commercial auto insurance.
Whether you operate a contractor fleet, run deliveries, transport employees, or simply need a vehicle to get to job sites, the pressure is real. Rates across Florida have jumped significantly, underwriting guidelines have tightened, and carriers are being more selective about the risks they take on.
Many insurers are pulling back. Some are non-renewing accounts with even minor claims history. Others have stopped writing certain classes of business altogether. And unfortunately, a lot of agencies do not have enough commercial auto carrier options to offer meaningful alternatives.
At Ricci Insurance Group, we hear these frustrations every single week. Commercial auto challenges have become one of the biggest pain points for business owners across the state, especially in contracting, restaurants, logistics, and service industries.
But here is the encouraging part.
We are seeing real success helping clients secure better commercial auto options.
Because we are an independent agency with strong, long-term relationships with multiple competitive commercial auto carriers, we are still placing and improving policies other agencies cannot. Our growing track record in this line of business is one of the bright spots of our continued agency success this year.
When other agents say, “there is nothing available,” we often find another path.
If your commercial auto policy is frustrating you, or you want to ensure you are getting the best possible terms in today’s market, stay tuned for Part 2 of this series. We will share exactly how we are helping Florida business owners solve these commercial auto headaches quickly and confidently.