If you’re looking for commercial vehicle insurance in Ontario, you’re in the right place. ALIGNED Insurance stands as one of Canada’s premier commercial insurance brokerages and is a leading provider for commercial vehicle insurance in Ontario. Whether you operate a straight truck, minivan, car, or pickup truck for business purposes, we’ve got you covered.
What Is Commercial Auto Insurance in Ontario?
Why Choose ALIGNED Insurance for Your Commercial Vehicle Needs
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We save you time, money, and the hassle by shopping around on your behalf.
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ALIGNED works exclusively for you, not the insurance company.
- Ensures your vehicles are underwritten correctly so you don’t have issues if/when a claim a arises
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Guarantees that your vehicles are underwritten accurately, ensuring smooth processes if or when commercial vehicle insurance third party claims arise.
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Our team is here to answer your questions, issue essential documentation, facilitate policy changes, assist with financing, guide you in vehicle purchases and sales, and help secure contracts.
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Rest assured, you’ll always deal with experienced commercial insurance professionals dedicated to serving your interests – say goodbye to call centres, salespeople, and empty promises.
Important Things To Note When Searching Commercial Vehicle Insurance Ontario
You will get a lot of results when you search commercial vehicle insurance Ontario and a lot of organizations and people will try to sell you commercial vehicle insurance, however some helpful things to keep in mind when selecting who to work with after searching commercial vehicle insurance Ontario are as follows:
- How important is price stability – “cheap” insurance rarely lasts.
- Commercial vehicle insurance is like all things…you get what you pay for
- What support and service do you receive after you purchase commercial vehicle insurance?
- What are the values of the organization you are buying from?
- Are they offering you options or only presenting 1 product/choice?
- Do they work for an insurance company or are they independent and work for you?
How can I save money on commercial auto insurance?
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Bundle your commercial auto insurance with other coverage options for more comprehensive savings.
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Prioritize hiring seasoned drivers with exemplary driving records.
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Equip your vehicles with GPS systems for improved monitoring.
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Engage in the insurance company’s telemetric or monitoring program.
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Consider raising your deductible to lower your premium cost.
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Opt for annual premium payments instead of monthly to reduce administrative costs.
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Lastly, partner with an insurance broker who has access to multiple insurance carriers. This ensures that you obtain the best price for the most fitting commercial vehicle.
- Insurance third party or comprehensive coverage for your enterprise.
Does a commercial auto insurance policy cover vehicles used for personal use?
What Does Commercial Auto Insurance Cover?
How much is commercial car insurance in Ontario?
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Type of vehicle: Larger vehicles or those that transport hazardous materials might have higher premiums.
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Usage: A vehicle used for pizza delivery may have a different rate compared to one used by a real estate agent for showing homes.
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Driving record: Companies with drivers who have clean records will likely pay less.
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Coverage limits and type: Whether you’re opting for commercial vehicle insurance third party or a more comprehensive plan affects the cost.
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Location: Operating in urban areas with more traffic could result in higher premiums.
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Deductibles: Choosing a higher deductible can lower your premium, but it means paying more out-of-pocket in the event of a claim.
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Safety and anti-theft features: Vehicles equipped with safety features or anti-theft devices might qualify for discounts.
What is a Commercial Fleet policy?
A commercial fleet policy is a single commercial vehicle policy that covers several vehicles used for business purposes. A commercial fleet policy usually stipulates that all the vehicles are owned by the same entity. The minimum number of vehicles required to meet the definition of a commercial fleet can change, so contact your broker to find out if you qualify.
A commercial fleet policy gives business owners the advantage of having one policy to cover all of their vehicles with the same or similar commercial vehicle coverages. The main advantage of a commercial fleet policy is the possibility of getting a group rate discount on coverage for your company vehicles. Another potential benefit is the ability to automatically add similar vehicles to the commercial fleet policy which is a major convenience for businesses that change out vehicles on a regular basis.
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