NITIC Retains AM Best B++ Rating: What It Means for Truckers and Small Fleets
At National Independent Truckers Insurance Company, RRG (NITIC), we are proud to announce that we have once again retained our B++ (Good) Financial Strength Rating from AM Best. This recognition reaffirms our long-standing commitment to providing affordable, reliable insurance coverage to independent owner-operators and small fleets across the country.
For more than 20 years, NITIC has built its reputation on trust, transparency, and specialized expertise in trucking insurance. Retaining our B++ rating means that our policyholders can continue to depend on us with confidence, knowing that we have the financial stability to support them when it matters most.
What Is an AM Best Rating?
AM Best is the world’s most recognized credit rating agency for the insurance industry. Their ratings are an independent opinion of an insurer’s ability to meet its ongoing insurance policy and contractual obligations.
To assign a rating, AM Best evaluates:
- Balance sheet strength – the company’s financial foundation and reserves.
- Operating performance – consistency in underwriting results, profitability, and efficiency.
- Business profile – the company’s market focus, expertise, and risk management strategies.
- Enterprise risk management – how well the company plans for long-term risks and challenges.
In short, an AM Best rating is a trusted benchmark of an insurance company’s financial health.
Why Does a B++ Rating Matter to You as a Policyholder?
When you buy insurance, you’re not just purchasing a piece of paper—you’re buying a promise. That promise only matters if your insurer has the financial strength to keep it.
Here’s why NITIC’s B++ rating matters to you:
- Reliability in Claims – A strong rating means you can count on NITIC to pay claims promptly and fairly.
- Financial Stability – Trucking is unpredictable; your insurer should not be. This rating shows that NITIC has the reserves and stability to handle challenges, no matter what the market brings.
- Trust with Brokers and Shippers – Many freight brokers and carriers prefer or even require coverage backed by an AM Best-rated insurer. Our B++ rating gives your business credibility when securing contracts.
- Peace of Mind – Whether you run one truck or an entire fleet, you can focus on the road ahead knowing your insurance partner is strong and dependable.
NITIC’s Commitment to Truckers
Since our founding in 2001, NITIC has been dedicated to the trucking industry. Unlike general insurance providers, we specialize exclusively in commercial truck insurance, which means we understand your needs better than anyone else.
We’re licensed in 48 states, serve thousands of independent truckers and small fleets, and remain based near Port Newark and New York City, two of the busiest trucking hubs in the country.
Our goal has always been clear: provide affordable, accessible, and trustworthy insurance for truckers. Retaining our B++ rating proves that we’re staying true to that mission.
Looking Ahead
The trucking industry continues to evolve, and so do we. From adapting to federal regulations to meeting broker requirements, NITIC is committed to staying ahead of the curve. Maintaining our AM Best B++ rating demonstrates that we’re not just here for today—we’re here for the long haul.
Final Thoughts
For truckers, insurance is more than compliance—it’s protection for your livelihood. NITIC’s AM Best B++ rating reinforces our ability to deliver on that protection, year after year.
When you partner with us, you’re choosing an insurer with proven financial strength, a deep understanding of the trucking industry, and a track record of standing by truckers for over two decades.
Want to learn more about our coverage options?
Contact NITIC today for a free quote and discover why independent truckers and small fleets nationwide trust us to keep them covered.
