Commercial Auto Insurance in Ontario
Protect Your Business Vehicles
Commercial auto insurance provides coverage for business-owned or leased vehicles used for work-related purposes. Whether you operate a single company car or manage a fleet of delivery vans, this insurance protects against liability claims, accidents, theft, and property damage.
Unlike personal auto insurance, which covers personal driving, commercial auto insurance is specifically designed for business-related activities such as transporting goods, visiting clients, or operating work vehicles. If an accident occurs while using a vehicle for business purposes, personal insurance policies may deny the claim, making commercial coverage essential for business owners in Ontario.
Get a QuoteKey Coverages in a Commercial Auto Policy
- Third-party liability insurance: Covers bodily injury and property damage to others if your driver is at fault in an accident.
- Collision coverage: Pays for repairs or replacement of your company vehicle if it is damaged in an accident.
- Comprehensive coverage: Protects against theft, vandalism, fire, and weather-related damages.
- Accident benefits coverage: Covers medical expenses, rehabilitation, and lost income for injured drivers and passengers.
- Non-owned vehicle coverage: Provides liability protection when employees use their personal vehicles for business-related tasks.
- Fleet insurance options: Simplifies coverage for companies managing multiple commercial vehicles under a single policy.
Why Ontario Businesses Need Commercial Auto Insurance
If your company owns vehicles or employees drive as part of their job, commercial auto insurance is required. Ontario law mandates minimum liability coverage for all business-owned vehicles to ensure financial protection in case of accidents.
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Common Business Use Cases
- A delivery service in Toronto uses vans to transport goods across the city.
- A contractor in Mississauga relies on company trucks to travel between job sites.
- A real estate agent in Ottawa uses a company-leased car to meet clients.
- A rideshare or taxi driver in Hamilton requires specialized commercial coverage beyond personal auto insurance.
Failing to carry proper commercial coverage could result in legal penalties, uninsured losses, and denied claims.
Who Needs Commercial Auto Insurance?
Commercial auto insurance is required for any Ontario business that owns or uses vehicles for work purposes. This includes:
- Contractors, electricians, and plumbers: Work trucks and service vans used for job sites.
- Delivery services and couriers: Businesses transporting goods, food, or packages.
- Trucking and logistics companies: Long-haul and local freight transportation businesses.
- Rideshare and taxi drivers: Uber, Lyft, and taxi drivers needing specialized coverage.
- Real estate and sales professionals: Company-leased or owned vehicles used for meeting clients.
If your business depends on vehicles for daily operations, commercial auto insurance ensures financial security in case of accidents or legal claims.
Our Business Insurance Products
At Affiliated Insurance, we offer a comprehensive suite of business insurance solutions designed to protect companies of all sizes from unexpected financial risks.
Why Choose Affiliated Insurance?
- Ontario Expertise: Our team understands the specific commercial auto insurance requirements in Ontario and helps businesses stay compliant with provincial regulations.
- Customized Coverage Options: Whether you need single-vehicle coverage or a fleet insurance policy, we provide flexible options that fit your business operations.
- Competitive Rates and Dedicated Support: Affiliated Insurance works with top insurers in Ontario to secure the best rates while ensuring seamless claims handling when you need it most.
Factors That Affect Your Commercial Auto Premium
- Vehicle type: Larger vehicles, such as cargo vans and trucks, typically have higher premiums.
- Business use: Frequent deliveries or long-distance travel increase risk.
- Driver history: Safe driving records help lower insurance costs.
- Claims history: Past accident claims can lead to higher premiums.
- Location: Businesses in urban areas, such as Toronto and Mississauga, may have higher rates due to increased traffic risks.
To get an accurate quote, contact Affiliated Insurance for a customized commercial auto policy based on your business needs.
Get a QuoteHow Much Does Commercial Auto Insurance Cost in Ontario?
The cost of commercial auto insurance depends on vehicle type, business use, location, and driving history. Below are estimated annual premiums based on different industries:
- Small businesses (one or two company vehicles): $1,500 – $4,000 per year
- Contractors and service businesses: $3,000 – $8,000 per year
- Delivery and courier services: $4,000 – $10,000 per year
- Trucking and logistics companies: $8,000 – $15,000+ per year
Get a Commercial Auto Insurance Quote in Ontario Today
Whether you operate a single company vehicle or an entire fleet, commercial auto insurance protects your business from accidents, liabilities, and financial losses.
Contact Affiliated Insurance Management today for a personalized consultation and a free, no-obligation quote tailored to your Ontario business.
Get a QuoteWe Serve These Locations
- Business Insurance Ontario
- Business Insurance Oakville
- Business Insurance Burlington
- Business Insurance Wasaga Beach
- Business Insurance Toronto
- Contractors Insurance Ontario
- Contractors Insurance Toronto
- Fleet Insurance Ontario
- Commercial Property Insurance Ontario
FAQ
Yes, all business-owned vehicles in Ontario must have minimum third-party liability coverage to legally operate on public roads.
No, personal auto insurance typically excludes coverage for vehicles used for business purposes. A commercial policy is required to ensure protection.
Fleet insurance covers multiple business vehicles under one policy, making it easier to manage and often more cost-effective than insuring each vehicle separately.
If employees use their personal cars for work-related tasks, you can add non-owned vehicle coverage to protect against liability claims.
Insurance rates depend on vehicle type, business use, driving history, location, and claims record. Safe driving and proper risk management can help lower costs.