What is corporate auto insurance?Corporate auto insurance is a type of commercial insurance that covers vehicles used for business purposes. These vehicles could be vans, trucks, trailers, compact cars etc. No matter the type of vehicle, if it’s registered in your company’s name and used to transport goods, materials, equipment, tools, or people relating to your business, corporate auto insurance is for you. Before purchasing a corporate auto insurance policy, you probably want to know how much it will cost. Corporate auto insurance policies vary in price depending on several factors like your location, your claims history, and the number of work vehicles you need insurance for. Therefore, the best way to find out how much corporate auto insurance will cost is to request a free quote. ALIGNED can help with that. Take the first step towards protecting your corporate vehicle fleet against collisions and property damages by contacting ALIGNED for a free quote today.
How do I get a corporate auto insurance quote?Most insurance providers in Canada offer free quotes on all policies, including corporate auto insurance. However, obtaining and comparing quotes from providers can be tiresome. That’s where we come in. As a full-service insurance brokerage, ALIGNED does all the work and shopping around for you. We’ll contact the leading insurance companies in Canada and compare policy options on your behalf. From there, we explain the coverage options available to you and help you choose a policy that suits your needs.
What does corporate auto insurance cover?Coverage varies by province and provider, but you can generally expect your policy to cover damages, such as property damage and bodily injury. For example, a standard corporate auto insurance policy in Ontario includes the following:
- Third-party liability coverage
- Accident benefits coverage
- Uninsured automobile coverage
- Direct compensation-property damage (DCPD) coverage
- Collision or upset coverage
- All perils coverage
- Comprehensive coverage
- Specified perils coverage