Case Study: Is Your Ontario Commercial Auto Insurance

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Is Your Ontario Commercial Auto Insurance Sufficient?

Commercial Auto Insurance

For many Ontario businesses, commercial auto insurance is an essential part of insurance package. This insurance type becomes more important for the businesses who perform delivery services in the GTA. At Bethel, our Toronto based insurance brokers will help you select the best coverage for your business within your budget. We are committed to providing our clients with the right coverage that can meet all their business insurance needs.

Whether the vehicle is for transporting goods or people for a fee, using your vehicle to conduct a service, or employees operating a vehicle, you may need a commercial auto policy. It can be confusing for people to choose the …show more content…

So, it is advisable to have a professional on your side, so he/she can help you select the right coverage and deductibles. In Ontario, you must have these coverage options:

DCPD – stands for direct compensation property damage. This protects your vehicle against any damage caused when you are not-at fault. You may ask, ‘why doesn’t the at fault driver’s policy pay this?’ It’s because in Ontario, this coverage is utilized to minimize the legal expenses and the time spent on claim settlement. This way claim is settled quickly and smoothly.

Third party liability insurance – covers your legal liability for the damage you may cause to a third party.
Accident benefits – pays for physical therapy, rehab, funeral expenses and income replacement benefits.
Uninsured/underinsured motorists – this coverage protects you when the other driver has no insurance or the insurance cannot cover fully your claims. Hit and run incidents are also covered.
Commercial Auto Insurance Options

You may need to take these insurance

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