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Commercial Auto Insurance in St. John’s, Corner Brook, and throughout Newfoundland.
Commercial auto insurance is different than personal vehicle insurance. Not only are there generally multiple vehicles but the liability from accidents or claims extends to your business. Business’ are often held to a higher level of responsibility than individuals. The operation of these vehicles may be more hazardous in nature as commercial vehicles may be required to operate in inclement weather or on tight delivery deadlines.
A vehicle collision is never good news, but when it’s one of your business’ cars or trucks, the consequences are more complicated. Commercial auto insurance takes all the elements of normal auto coverage and adds on extra protection.
For example, when obtaining commercial car insurance you can usually get much higher liability coverage to reflect the fact that a business typically has more assets at risk than an individual would. Additionally, with commercial auto insurance, you can get collision insurance. This type of coverage pays out for damage to your commercial car or truck no matter who caused the collision–a protection that’s often a must if you lease or finance commercial vehicles.
It’s also worth considering employers non-owned car liability coverage. Employers non-owned car liability coverage is an add-on or a separate policy covering those instances when your staff use their own personal cars or trucks as part of their work for your business. This type of protection can help reduce the risk of messy legal complications if they are injured or their vehicle is damaged during this time.
Commercial car insurance is essential for those that run a business, but obtaining the proper coverages can get confusing.
Fleet Insurance for Newfoundland Businesses
If your business operates multiple vehicles — delivery vans, service trucks, company cars, or a mixed fleet — managing individual auto policies quickly becomes complicated and costly. Fleet insurance consolidates coverage for all your business vehicles under a single commercial policy, simplifying administration and often reducing your per-vehicle premium.
What Does Fleet Insurance Cover?
A fleet policy typically includes:
- Third-party liability for all covered vehicles
- Accident benefits for drivers and passengers
- Collision and comprehensive coverage (optional)
- Coverage for hired and non-owned vehicles
- Driver flexibility — coverage follows the vehicle, not just one named driver
Who Needs Fleet Insurance in NL?
Any business operating multiple vehicles on a regular basis can benefit from a fleet policy. Common candidates include trades contractors, delivery and courier services, transport companies, property management firms, healthcare providers, and businesses with a company vehicle pool.
Advantages Over Individual Policies
Consolidating under a single fleet policy means one renewal date, a single point of contact, and greater flexibility as your business grows. Adding or removing vehicles is straightforward, and insurers often reward larger fleets with better per-vehicle rates.
Get a Fleet Insurance Quote
At Wedgwood Insurance, we help businesses across Newfoundland and Labrador find the right commercial fleet coverage — whether you run three trucks or thirty. Talk to one of our commercial advisors — no obligation, just straight talk from brokers who know the NL market.
