Determine Whether You Need To Buy Commercial Auto Insurance Canada Policy Online
You may need to buy commercial vehicle insurance Canada even if you are using your personal car for business purposes. Businesses regardless of whether they are big or small need vehicles for the sake of transportation of goods and people. And a commercial auto insurance cover is designed to provide guaranteed financial protection to such vehicle(s) should a mishap occur. A typical personal car insurance policy will grant protection to only owner driver and family members. 3rd party liability, statutory accident benefits and uninsured automobile coverage features are normally part of basic personal auto insurance covers. But a commercial car insurance package is distinctly different from a personal car policy. Let us see the main differences in this article.
Many of you may undermine the importance of buying commercial auto insurance Canada policy as you already have your personal vehicle insured. But if you are a contractor for various construction sites or a bakery owner, your existing policy will not cover any incidents if your vehicle is being used for business vehicle(s). Instead it could be better if you get a commercial car and get it covered with separate coverage. Commercial car insurance policies are designed to cater to the coverage needs of business cars. The contents of such type of a policy will be unique and will protect business owner’s finances comprehensively. Here is some vital information relating to the peculiar coverage features of a commercial vehicle insurance cover as compared to a personal auto insurance policy.
If you have modified your vehicle for business purposes then a modified car insurance cover may offer you the following protection.
1. It will cover your bodily injuries, other drivers on job employed by you as well as fellow passengers in the car post an accident during business related work.
2. Liability coverage for persons doing loading and unloading of items or products for transporting them to clients’ or events’ places.
3. You will have the option to purchase additional coverage features if the vehicle is going to be used for transportation of goods or items to other states or provinces within Canada. Such a move will invariably offer total financial protection to your employees at work.
However, at the time of exploring your options, determine if replacing car on insurance policy is a feature which is included in coverage should your commercial vehicle get badly damaged or totaled in an accident. Few insurance companies may provide reimbursement for car replacements either temporary (for rental cars) or permanent if car is rendered non-repairable in the aftermath of an accident or collision. Besides, insurers may also want to know the type of goods which is going to be transported and whether the vehicle under consideration is going to be operated daily. And premiums can also vary according to the type of car you are driving.
To get and compare the best as well as the cheapest commercial auto insurance Canada quotes with adequate coverage limits online,
