Williamsburg National Auto Insurance Review

When it comes to automobile insurance, most people are simply searching for the best way to insure their personal car or truck. But one of the most often overlooked types of automobile insurance is that which covers commercial big rigs which are essential to transporting America’s goods from coast to coast. These large vehicles require the kind of coverage that can only be provided by a specialized company that focuses solely on helping commercial drivers maintain their safety and their overall health and wellbeing in the case of an accident. To receive multiple affordable car insurance quotes for FREE, simply enter your ZIP code.

Williamsburg National Insurance Company is just such a corporation; its focus is primarily on the commercial trucking and goods transpiration industries, and it has been serving these market niches since its founding 1986. The company operated independently for eleven years until it was acquired by the much larger Meadowbrook Insurance Group in 1997.

It was the purchase by Meadowbrook Insurance Group that allowed Williamsburg National Insurance Company to expand outside its native Virginia, and the company now offers commercial vehicle insurance in 37 of the lower 48 United States. 

A Strong Credit Rating

It’s no secret that the current state of the economy is one that promotes more fear and uncertain in consumers — especially commercial drivers — than any other emotion. That’s because even large companies and entire nations are having their credit ratings downgraded due to excessive debt and high levels of risk.

That is simply not the case with Williamsburg National Insurance Company. The insurance provider’s credit rating, according to A.M. Best is an A-, which is far above many competing commercial insurance companies competing in this space.

Furthermore, the company’s parent operation, Meadowbrook Insurance Group, is rated an A+ by the same rating agency. Both the A- and A+ ratings indicate that the companies are stable for the long-term and are financially sound. It typically indicates that they carry minimal debt and will be able to fully meet their liability coverage obligations.

This is especially important when working with commercial insurance companies because the losses experienced by commercial drivers, and the companies which book their routes, can be far greater than those experienced by private drivers. Consider that each rig is carrying hundreds of thousands of dollars in merchandise and products, and it’s easy to understand why an insurance company on shaky financial ground would be poor choice for liability coverage.

Unique Underwriting Procedures and Policy Rates

One of the unique things about the commercial trucking industry is that, while the truck is technically the property of the company which books the transportation route, any liability insurance for the vehicle must typically be paid for by the driver of the vehicle. That means that a driver must have a rate that corresponds with their commercial driving record, the typical length of their routes, and the type of materials that they haul.

These individual policies are backed up by larger liability policies that each trucking company must have, but it’s important to remember that, just like owning a vehicle, a commercial driver is prohibited from driving without appropriate insurance coverage.

Williamsburg National Insurance Company understands that not all commercial truck drivers were created equally, and they evaluate each claim on a case-by-case basis. They have an extensive network of agents across the country that will meet individually with commercial drivers and evaluate their liability coverage needs.

This stands in stark contrast to several of the company’s competitors, which offer flat-rate, one-size-fits-all liability coverage. And the benefit of working with a company that values independent client relations is that Williamsburg National Insurance Company can typically offer far lower liability coverage rates than any other brand on the market.

Comparison Shopping is Important, Too

Despite Williamsburg National’s commitment to creating tailor-made insurance coverage policies, it’s still important to check the rates of competing insurance companies to make sure you’re getting the absolute best car insurance rates. In a market as volatile and competitive as commercial automobile insurance, it’s worth noting that some flat rate insurance providers may be able to do the unthinkable and beat Williamsburg National Insurance Company’s custom policies.

The easiest way to compare auto insurance rates is by using our FREE car insurance comparison tool by entering your ZIP code. Insurance companies all typically use a similar interface when generating insurance quotes, and that means that they can easily submit their quotes, simultaneously, to a comparison site in exchange for information on your driving history, commercial driving habits, and the companies for which you work.

Another great benefit of comparison shopping online is that the quotes are typically paired with contact information for each company that offered its rate on your insurance coverage. And, because these comparison websites exchange your information with the insurance companies themselves, you can usually expect a phone call from an agent or customer service representative who will be more than willing to work with you on customizing your quite and explaining any charges listed in your introductory liability coverage rate.