Do you drive for business purposes? Vehicles are a vital part of business operations. You need to protect them just like any other part of your business. Having a proper commercial auto insurance policy in place is a must.
Commercial auto insurance is for Ontario and Toronto businesses that rely on vehicles. Have one commercial vehicle? Own a couple of commercial trucks? Operate a fleet of vehicles? Its important to find the right policy to meet your business driving needs.
We can help you compare commercial auto insurance quotes to get the coverage you need at affordable prices. Shopping for commercial auto insurance for the first time? Is your current policy up for renewal?
Learn about your commercial auto insurance policy options :
Similar to standard Ontario car insurance coverage, you have commercial auto insurance options. Get the coverage you need for your vehicle type, use, and size of fleet. Customize your policy. Our commercial insurance brokers will help you find the best coverage for your business. Choose from standard, optional, and enhanced coverage solutions.
Get third party liability, direct compensation property damage and accident benefits coverage.
Add to your policy with collision, comprehensive, all perils, or specified perils options.
Maximize your coverage with enhancements. Get replacement vehicle, rental vehicle coverage, write off protection, driving record protection, and industry specific solutions.
Tell us about your commercial auto insurance needs. Answer a few questions. Our commercial insurance experts will find you the coverage you need to protect your business vehicles at the lowest rate.
Not sure which coverage you need to include in your commercial car insurance policy? We are happy to talk you through the commercial vehicle insurance quote process.
Tell us a bit about you business, your business vehicle and your coverage needs.
We’ll compare rates from the top commercial auto insurance companies.
We'll help you select the best rate and coverage. So you save on insurance for your commercial vehicle.
Determining the average cost of commercial auto insurance is done on a case by case basis. There are many factors that contribute to the cost of a commercial auto insurance policy. The number and type of vehicle, business type, coverage limits and more are all considered.
Commercial auto insurance costs could range from $100 per month to $300 per month or more depending on the type of risk.
Speak with a commercial auto insurance expert to assess your coverage needs and compare quotes.
Your business may be eligible for many types of insurance discounts and savings programs. Our team of expert commercial auto insurance experts will ask you the right questions about your business. We’ll ensure you take advantage of costs savings applicable to save your business as much money as possible.
Here are some discounts and savings options to lower commercial auto insurance rates :
Do you have a construction business? Are you a travelling salesman in Ontario? Are you a consultant who frequently visits client on site in Toronto? You will need commercial auto insurance for all the vehicles you use for business.
Many people incorrectly assume they can use their personal vehicle to conduct business. This is not true. Commercial auto insurance requirements depend on vehicle use and how it is registered.
You need a commercial policy if your vehicle is owned by the business and used in the following ways :
Even if you only use it occasionally, you need commercial insurance to ensure you are covered when doing business.
Where they differ is in the type of risks, coverage limits, and types of policies available. Personal car insurance coverage is catered to individual and things that are personal. Commercial car insurance policies are customized to offer coverage for all types of businesses and business vehicle functions.
One thing they have in common is personal auto insurance will not cover business activity and commercial auto insurance will not cover personal activity.
For example, if you were using your personal vehicle for business purposes and were involved in a car accident, your claim could be denied if you did not have a commercial auto policy.
Check out these additional 45 tips to save on car insurance.
ThinkInsure has been providing affordable Ontario commercial auto insurance coverage for over 45 years. We offer you a wide range of commercial auto insurance solutions to meet your needs and fit your budget. Learn about why we are the best choice to be your commercial auto insurance proivder.
“ I need my car to visit clients for business meetings. Frank helped me get the proper commercial auto coverage so my business is protected properly. He made the process easy and he got me low rate too! ”Peter, Toronto, ON
Many business owners, especially those with home-based businesses, use their vehicle for personal and business purposes. This is perfectly fine to do.
If you use your car for business, then you need a commercial auto policy. This ensures you have coverage when you use your vehicle for business. Without a commercial auto policy, you could have your insurance claim denied.
Adding "business use" coverage to your policy will result in higher premiums for business car insurance. Using your car for business without commercial coverage is not a risk worth taking.
Are you unclear about the difference between commercial auto insurance and regular auto insurance? Here are some things to think about when deciding which type of policy you need :
What is the main difference between commercial auto insurance and personal auto insurance? Business auto insurance is made for the needs of a business. It has specialized coverage for multiple drivers and has higher liability coverage limits.
Ontario Uber drivers are automatically insured through Intact. The Intact ridesharing insurance is available for all Uber drivers. It is meant to supplement your current personal car insurance policy. Coverage is automatic once you turn on your app and start working as a driver. Get more information about insurance for Uber drivers in Ontario.
Using your car for business is associated with increased risk. This is a main reason why insurance premiums for commercial cars are higher. Business vehicles are used differently and more frequently. Here are some reasons why insurance for business vehicles costs more :
Some businesses, depending on your business type, industry, vehicles, or driving record may require high risk auto insurance. At ThinkInsure, we work with all types of businesses. Are you starting a new business? Had a few tickets or accidents? We can still get you commercial auto insurance coverage.
Have more questions about commercial auto insurance? Check out these commonly asked questions about commercial auto insurance cost, coverage, and quotes :
If you are in an accident with your business vehicle without proper coverage, your claim could be denied. Failure to secure the right type of coverage exposes you to greater risk and liability. You could also have your policy cancelled and have issues getting coverage in the future.
Commercial car insurance coverage costs range greatly. Depending on your policy, vehicles, driving history and other factors, it could be expensive or affordable. Commercial auto insurance rates are higher than personal car insurance coverage. Compare commercial car insurance quotes to get an accurate assessment of your rates.
No. Commercial auto insurance policies cost more than personal auto insurance. There are greater risks, larger policy limits, and a variety of expansive coverage options that increase the cost for commercial insurance coverage. Even if you have the option to add a business use policy rider, you will still need to pay an additional fee that is above and beyond your personal rates.
The business owner and employees of the business typically have coverage under a commercial auto policy. Refer to your policy to verify who has coverage. You can always add new drivers to your policy.
Not all insurers offer temporary commercial auto insurance. Speak with our insurance experts about your commercial auto insurance needs.
There are many insurers who offer commercial auto insurance in Ontario. They include Aviva, Intact, Economical, Wawanesa, Travelers, and many more. We can help you compare commercial auto insurance quotes from all insurers. Get more options and find the best rates.
The majority of personal policies will not cover business driving because it is considered riskier. You spend more time on the road, during peak traffic hours, increasing your odds of an accident or claim.
you use your vehicle for business. They can help you choose an insurance policy endorsement, or add on coverage, or help you choose the appropriate business car insurance coverage to ensure you are covered when using your personal car for work.
There isn’t a single insurer that offers the best commercial auto policy. It depends on your business needs. Insurers offer different business car insurance products and packages. Comparing your options is the best way to find what you need at the best rates.
A commercial fleet policy is for businesses with multiple vehicles. The coverage is similar to standard commercial auto policies. It just applies to a large number of vehicles. Policies can be applied to small and large fleets.
Yes. You need a business car insurance policy if you transport clients or perform other business activities using your personal vehicle, due to greater risk and liability.