We have some of the best rates for fleet insurance in Ontario
If your business has five or more cars, trucks or other vehicles, you may be eligible for fleet insurance. With all your company vehicles registered under one company name, we can save you money on insurance through volume discounts. If you have a personal vehicle you’re using for business, let us know that too. We can add it to your fleet insurance to save you money and make sure it’s fully covered. Your Ontario personal auto policy usually won’t give you enough coverage. 1-800-731-2228
Get a quote for fleet insurance in Ontario
The kind of fleet insurance you’ll need and the cost will depend on a number of things like the types of cars, trucks or vans that are associated with your business, and where you operate. As a trusted brokerage for over 70 of Canada’s top insurance companies, we have access to some of the best commercial fleet coverages and rates in Ontario. Speak with one of our brokers for a fleet insurance quote. 1-800-731-2228
What does fleet insurance cover?
Whether your fleet includes cars, tracks or vans, basic coverage will include things like:
Third-party liability
Mandatory coverage protects the driver of your company if they’re liable for injuries to another person or for damage to another person’s property. It includes legal fees and other court awarded costs.
More about third-party liability
Injuries and healthcare
If your driver is hurt in a car accident, it can cover medical costs beyond what’s provided by government health insurance, including rehab and more. You’re also covered for lost income and more.
More about accident benefits
Theft, car and property damage
In the event of an accident, vandalism or theft you’re covered for repairs to your vehicle, or the cost to replace it if necessary. It can cover most of the belongings you have inside your car.
More about DC-PD insurance
Driver with no insurance
If your driver gets into a car accident with a driver who doesn’t have insurance, there’s no need to worry – you can be covered as if they had insurance. It can also cover employees hurt in a hit-and-run.
More about uninsured automobile insurance
Frequently asked questions about fleet insurance:
Does fleet insurance cover personal use?
No. If any of your fleet vehicles are owned by employees and also used as their personal vehicle, the owner of that vehicle will need to purchase a personal auto insurance policy to cover their vehicle when it’s being used for things other than work.
How many vehicles do you need for fleet insurance?
Five or more. Anything else may be covered with commercial auto insurance.
Who can drive on fleet insurance?
Fleet insurance can have a few options for how it defines who is able to drive your company’s insured vehicles. You can have a named driver policy, which insures only specific drivers on specific vehicles (good if you want to exclude an employee who may have a less-than-favourable driving record) or you can have an any driver policy, which allows any driver to drive your company vehicles.
How much is fleet insurance?
The cost of fleet insurance can vary depending on the business size and the purpose of its commercial fleets, the number of vehicles it employs, and more. Small vehicles may cost $1,000/year to insure, commercial taxis can cost between $5,000-$10,000, and commercial buses can cost upwards of $30,000.
Your business is unique, so are your insurance options.
Being a brokerage for over 70 of Canada’s top insurance companies means our commercial brokers have access to a wide range of coverage options as unique as your business – at some of the best rates in Ontario. We sweat the details so you can focus on your business. Want to learn more about the coverage options available to you? Here’s a few of them:
