Compare Commercial Vehicle Insurance

You could save thousands of dollars a year by getting multiple commercial vehicle insurance quotes

7

Get multiple commercial vehicle insurance quotes by answering a few questions

In collaboration with
Untitled-1

Get multiple commercial vehicle insurance quotes by answering a few questions

How to shop for your next commercial vehicle insurance policy on Hardbacon

Comparing prices from several insurers before choosing a commercial vehicle insurance policy can usually save thousands of dollars a year. Here are the 4 steps to take.

Tell us where you are located

The first step is to enter your postal code in the box on the left and click on the “Compare” button. Your postal code will allow us to determine which Canadian province you are located in and redirect you to the right partner.

Tell us more about your company

The second step is to fill out our partner's form, which will begin by asking for your company's contact information and other information about your business that is necessary to obtain commercial vehicle insurance quotes.

Tell us more about the vehicle(s) you want to insure

The third step before you can submit your application is to answer questions about the vehicle(s) you want to insure. This is where you will indicate the model, year and mileage of the vehicle(s) in question.

Submit your application

The fourth and final step is to add any specific requests you may have and submit your application. Once you have submitted your application, simply wait for the quotes to arrive.

Here are a few tips to save money on your next commercial vehicle insurance policy

Choose a car that costs less to insure

Some vehicles may cost you more to insure than others. Since pricing is based on risk, insurers will offer cheaper policies for vehicles that carry less risk. The most frequently stolen vehicle models will generally be more expensive to insure, for example. Each year, the Insurance Bureau of Canada lists the most stolen vehicles in the country. Sports models may also cost you more because of the higher number of accidents.

Add an anti-theft system

By adding an anti-theft system, you may be eligible for discounts. The systems that insurers like most are usually intensive anti-theft markings and tracking systems. Some makes and models of vehicles come by default with anti-theft systems; ask the dealer if this is the case.

Increase your deductible

Typically, auto insurance deductibles are between $250 and $500. However, by increasing your deductible to $1,000, you could save money on your premiums. However, you should be aware that in the event of a claim, you will have to pay a larger amount.

Group your insurance policies

By insuring your business and your car at the same place, you may get discounts. You should still compare the different prices individually and combined; generally, you will see a price reduction by bundling your corporate insurance policies.

Get multiple commercial vehicle insurance quotes by answering a few questions

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Frequently asked questions about commercial vehicle insurance

How much does commercial vehicle insurance cost?

There are many factors that determine the cost of a commercial vehicle insurance policy. It is impossible to determine the cost of a policy without analyzing your situation. Here are some of the factors that will be taken into consideration by the insurer to determine the price of its quote: the make, model, year, employee driving record(s), geographic location, where you park the vehicle(s), how it will be used, etc.

Do I need commercial vehicle insurance to insure my company car?

It is possible to insure a vehicle used for commercial purposes through a personal car insurance policy with a business class clause. What this means is that your insurer is aware that you use the vehicle partly for business purposes. If you have a vehicle that is used exclusively for business purposes or even a fleet of vehicles, you will need a commercial vehicle insurance policy.

How much does commercial insurance cost to drive for Uber?

Costs are difficult to predict, as many factors are considered when fixing a price. When you decide to drive for Uber or another car-sharing platform, you should notify your insurer, and they should add a business class clause for the miles you drive for commercial purposes. Uber provides its drivers with a $1 million civil liability policy and conditional coverage for other incidents. Despite the protections offered by Uber, it is very important to notify your insurer before you start driving for Uber so that you are not penalized in the event of a claim.

Does my commercial insurance cover my personal use of the vehicle?

 

When you insure your vehicle with a commercial policy, your personal travel will also be covered. In any case, you cannot insure a vehicle with a commercial policy and a personal policy at the same time. However, just because it's the same policy doesn't mean your insurer shouldn't be notified. Using your vehicle for commercial purposes is an additional risk and you could face penalties in the event of a claim if you don't tell your insurer.

Is commercial vehicle insurance more expensive than personal car insurance?


As a general rule, commercial vehicle insurance is more expensive than personal vehicle insurance for several reasons. A commercial vehicle will be used more frequently and sometimes various employees will have access to the vehicle. The location where the vehicles will be parked can also have an impact; if the vehicle is parked in an industrial area, it is not the same risk of theft as in a residential area.

What is the difference between personal and commercial vehicle insurance?

The cover provided by both commercial and individual car insurance policies is generally the same. Both types of car insurance provide civil liability and damage cover for the insured vehicle.

Do I need commercial vehicle insurance to do deliveries with DoorDash?

You don't always need commercial vehicle insurance to do deliveries with DoorDash or any other food delivery app. In fact, some insurers will be able to offer you business coverage without the need for a commercial vehicle insurance policy. Depending on how you use your car, your insurer may offer you alternatives. In addition, the Doordash platform offers its members civil liability coverage. However, in order to benefit from the coverage offered by Doordash, you must maintain coverage with your insurer. Not notifying your insurer could cost you dearly in the event of a claim.

Are trailers covered by my commercial vehicle insurance policy?

Your vehicle's civil liability coverage may include damage to others caused by your trailer when it is attached to the insured vehicle. However, if you wish to have coverage for damage to your trailer, it must be added to your policy.

Do I need personal and commercial insurance for my vehicle?

You do not need to have both commercial and personal insurance for your vehicle. In fact, it is only necessary to have one or the other, depending on your situation.

Are my commercial vehicle insurance premiums considered a business expense for tax purposes?

You can deduct your commercial vehicle insurance premiums when you do your corporate taxes. However, be sure to check with your accountant or tax advisor, who will be able to confirm what deductions you are entitled to and what they will need to file your claim.

What does commercial vehicle insurance cover?

Commercial vehicle insurance always provides you with civil liability coverage. In fact, civil liability is mandatory coverage, so you should at least take out this insurance. You will then have the option of insuring damage to your vehicle. There are four levels of coverage: the first is comprehensive coverage; the second is coverage against collisions and hitting someone; the third is coverage against risks that are not collisions or hitting someone, and the fourth is coverage against specific risks. As a general rule, to provide you with cost-effective coverage, your damages insurance broker or agent will offer you coverage two and three. You can then add riders to your policy such as replacement cost, a temporary replacement vehicle, etc.

Compare Commercial Vehicle Insurance

7

Get multiple commercial vehicle insurance quotes by answering a few questions

in collaboration with
Untitled-1

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