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Too Good to Be True? The Truth About Captive Insurance for Trucking

  • 33 minutes ago
  • 1 min read

On August 4, 2026, Jared Sweeney, Danny Badovinac, and Andy Schmidt of Cottingham & Butler tackled a question a lot of fleets are asking: are captives too good to be true? Here's what the data showed.


  1. The problem: 59 consecutive quarters of commercial auto rate increases have pushed average premium from $4,500 to $9,664 per truck over the last decade. Insurance is now the #3 issue facing the trucking industry, per ATRI.


  2. The results: In 2025, 92% of standard market policyholders saw a rate increase — compared to just 59% of C&B captive members, 30% of whom saw a decrease.


  3. Why it works: Group purchasing power, actuarial pricing tied to your own loss experience, and dividend potential turn insurance into an earn-back opportunity. C&B captives have returned $378M+ in dividends over five years.


  4. The C&B difference: 30+ years of captive expertise, 99% voluntary member retention, and in-house claims service through CBCS.



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