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Commercial Vehicle and Fleet Insurance

Commercial Vehicle and Fleet Insurance

 

Drive your Commercial Vehicles with the right coverage.

We understand just how vital Commercial vehicles are to your business. Whether you have a few small company cars, a single utility van, an entire fleet of commercial delivery trucks or a garage operation, you need the right protection with a Commercial vehicle Insurance Solution based on your unique needs.

Together we can identify and understand your risks to ensure you have the right coverage at the right premium.

Save yourself and your Company money. Insure now with a lower premium.

Having more than one Business Policy
Being claims-free
Implementing risk management practices
Having snow tyres

Having Fleet Insurance

You may be eligible for Commercial vehicle Auto Fleet Insurance rates. Does your Business have five or more commercially rated vehicles with common ownership and has had good claims experience?

We have access to several of the leading Auto Insurance Companies that provide cost-efficient coverage for commercial vehicles and fleets of all sizes.

Short list of major reasons that could affect your Insurance Cost:

Check the policy carefully for correct information.
Combine both your house and car policies for the extra discounts.
Check postal codes
Location addresses can affect your rates.
Are you retired?
Are you over 55 years of age?
Are you paying for coverage you don’t need?
If you have a small claim, pay it yourself and save your Insurance for the big one.
Install an alarm system in your home and car.
Pay up front rather than monthly.
Higher deductibles result in savings.
Have you been consistent with one Insurance Company?
If your car is over 5 years old, you may want to take off the collision.
Before reporting a claim to your Insurance Company it is important to talk to your broker

Your Guide to... Fleet Management:

We provide risk management and loss control services for your business

The Basics

If you manage your company’s vehicle fleet, you know that it’s a major expense. But you may not often think about the costs to your business if one of your employees is involved in a collision.
Having vehicles on the road is one of the biggest single safety issues facing many companies today. So it pays to be prepared and have a sound risk management plan in place to help make safety a top priority for your business.

Managing a fleet in today’s legal environment

With a worldwide increase in litigation, today’s organizations are doing business in a riskier legal environment than ever before. Businesses need to focus on risk management – with an emphasis on safety and prevention – when it comes to reducing legal exposure down the road. As an owner of commercial vehicles, it’s important to think about the legal responsibilities you have for the drivers of those vehicles.

Owner’s liability

As an employer, you’re generally responsible for the negligence of your employees when they’re on the road, as part of their job. This is known as Vicarious Liability. In many Provinces, employers are even liable for clean-up costs and fines incurred as a result of products spilled in transit. So it just makes good business sense to develop fleet loss prevention strategies that work to reduce your risk.

Avoiding potential liability

There are ways to prepare your business and reduce risk before a problem ever occurs. If an employee does get into a motor vehicle collision, avoid potential liability by ensuring:

• vehicles are always properly maintained
• drivers are well trained
• drivers are well rested when driving
• all information relating to the collision is clearly recorded

Documentation is key. Your records will be used in court as evidence and will play an important role in influencing court decisions and avoiding liability.

Safety on the road – what every driver should know

Developing a fleet safety manual that drivers can reference, is a great way to keep safe driving in the top of the mind of your employees. As a driver, they are responsible for the safety and care of passengers, and all others on the road.

Ensure all drivers are familiar with the following safe driving tips:

Vehicle checks Before driving, take a moment to examine:
• the area around the vehicle (looking for objects, other vehicles, etc.), and
• the vehicle itself to ensure it is mechanically safe.

Planning ahead

• If conditions (e.g. driver, weather, road, traffic, vehicle) will compromise safety, consider alternative arrangements
• Plan and utilize the safest possible routes to reduce the risk of collision. Be alert, calm and prepared
• Driving requires full attention, so always allow plenty of time and minimize distractions
• Control emotions and be courteous even if you see aggressive and careless behavior in other drivers

Positioning the vehicle

• When driving under normal conditions, anticipate situations that may become potentially dangerous and act to prevent a collision from occurring
• When caught in hazardous road conditions, adjust driving accordingly
Communication
• Ensure your actions are predictable to all drivers and pedestrians
Obeying the law
• Obey all rules of the road when driving

Emergency preparedness

Being prepared for an emergency – whether a collision, illness or vehicle breakdown – ensures the safety of your drivers. A properly equipped emergency kit can greatly reduce the effects of being stranded or hurt on the road.
Consider keeping the following equipment in each of your vehicles:
• First aid kit including gauze, dressing, dressing tape, bandages, tweezers, scissors, safety pins, alcohol wipes, cold packs, reflective rescue blanket and first aid manual
• Flashlight with extra batteries
• Jumper cables
• Tow chain or rope
• Reflective tri-angles or battery-operated warning lights
• Properly inflated spare tire, jack and wheel wrench
• Bag of sand or kitty litter and traction mats
• Fire extinguisher
• Blankets or sleeping bags
• Ice scraper, snow brush and small shovel
• Commercial de-icer
• Tools: screw driver, wrench and pliers
• Cloth or roll of paper towels
• Non-perishable food items, such as snack bar
• Bottled water
• Maps
• Pocket knife
• Box of facial tissue
• For long distance trips, extra clothes, mittens, socks, hats and extra winter boots
• Cellular phone for emergency calls. (Use phone when car is not in motion)
• Any other equipment you fill it is necessary to carry in the event of an emergency
With commitment, forethought and planning, the risks and costs of managing your vehicle fleet can be minimized. It is not only your responsibility to ensure safe operation of your vehicles, it makes good business sense.

Understanding Car Insurance Coverageds

Liability 

Liability Coverage pays damages due to bodily injury and property damages to others for which you are responsible. If you’re sued, it also pays your defence and court costs. Medical expenses, pain and suffering, and lost wages are some examples of what Liability Bodily Injury may cover. Liability Property Damage covers damage to property and loss of its use.

Standard auto insurance

Protects you and your family if you have an accident, covering:
1) Injury, death or property damage to others
2) Healthcare costs and loss of income for you or your family

For More Info

Collision Protection

Protect your vehicle if it’s damaged in an accident with this valuable add-on feature

Comprehensive Coverage

Safeguard against damage not caused by a collision, including theft, vandalism, falling objects and more.

Optional Accident Benefits Coverages
For More Info

Transportation Replacement

Temporary Vehicle
Get access to a rental car to keep you on the road while your car is being repaired or replaced following a claim. Include
this add-on benefit and enjoy less interruption to your daily life should you have an insured loss.

Liability for Damage to Non-Owned Automobile(s)

This endorsement provides physical damage coverage to vehicles that you may operate but do not personally own – such as a vehicle that you have rented or borrowed.

Removing Depreciation Deduction

This coverage removes the insurer’s right to deduct depreciation from the value of your vehicle when settling a claim for loss or damage caused by a peril for which you are insured.

Family Protection Coverage

This coverage protects you, or an eligible member of your family, to the same limits as your Third-Party Liability coverage if you are involved in an automobile accident where you are not at fault, with someone who carries less insurance, no insurance, or is an unidentified driver (e.g., hit and run).

Roadside Assistance

No one wants to be left stranded because of a breakdown. Whether you need a tow, battery boost or have run out of gas, we’re here to help with our optional Roadside Assistance protection.

Accident Forgiveness

Don’t let one mistake affect your good driving record. With our available accident forgiveness options, your car insurance rate won’t go up after your first accident, even if you were at-fault.

High Risk Drivers

Although an individual insurance company may refuse to sell you auto insurance if its approved underwriting rules determine you to be a “high risk,” the insurance industry as a whole cannot refuse to sell you basic insurance.
Get Online quote for High Risk Insurance Driver

Ride-sharing insurance

Ride-sharing insurance is designed for part-time drivers who use their own vehicles to carry paying passengers.
For More Info

Applications 

PDF  

 

 

Contact

For an appointment to discuss your needs, contact me.

I will set up a time which is best suitable for you and will personally come to your workplace to discuss all of your insurance needs.

llevi@insureitgroup.com

toronto insurance olutions

Leon Levi (R.I.B LLQP)
Commercial Insurance Account Executive
INSUREIT GROUP INC
llevi@insureitgroup.com
800 Denison St, Suite 200
Markham, Ontario L3R 5M9
416-388-8918
905-752-3600 ext 513
905-752-3688

 

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