Everything You Need to Know About Commercial Truck Insurance Policy Canada


If you own a trucking business, it should be your main priority to buy a commercial truck insurance policy that would meet your needs. It will help you cover expenses in case something goes south during your business.

Why You Should Buy Commercial Truck Insurance in Canada?

1.       If you own trucking business in Canada, it is a must for you to buy insurance policies for your trucks. As a business owner, it is your priority to protect and cover your trucks from situations that you can’t control. A good Truck insurance Alberta will help you avoid getting stuck in unfortunate and unplanned situations.
2.       In case something happens to your trucks, good commercial truck insurance will avoid any downtimes to make sure you maintain a profit margin and make sure an unfortunate event will not affect the growth of your business.
3.       The trucking business comes with a lot of risks. Your trucks are going to cover a lot of space and will be traveling most of the time. So covering them with good truck insurance is a must. Normal policy is going to protect your truck and its driver too.





What Does a Truck Insurance Cover?

1.       Damages caused or received by the truck if an accident happens.

2.       Coverage if your truck gets stolen or damaged during a robbery.

3.       Coverage if your truck gets caught on fire.

4.       Coverage if your truck gets damaged due to a natural calamity.

5.       Coverage if your truck gets involved in an accident, which leads to the death or injury of its driver.

6.       Coverage for damages that are caused by your truck to a property, person, or a vehicle.






What Is Not Covered in A Truck Insurance?

When you’re buying an insurance policy, it is important for a business owner to know the things that are covered in the policy and the things that are not included. When you’re buying a truck insurance policy, you will not get the following coverage:



1.       Coverage for Your Truck If You Damage a Property, Vehicle, or a Person

When it comes to a third-party liability-only policy, damages to your own truck are not getting to be covered.
2.       Drunk Driving

If the driver of your truck gets involved in an accident when he/she is drunk, you will not be able to claim an insurance policy.

3.       Negligence

You won’t be able to claim a policy if your the driver decides to drive during a flood, typhoon, or any other event that prohibits driving.

4.       Damages Caused by Non-Accidents

You will not be able to claim policy coverage if your truck gets damaged which is not a result of an accident.
If you want to get the best Truck loans Alberta, call Pioneer Financial Services now and get the best deals!




Location: 3770 Westwinds Dr NE #102, Calgary, AB T3J 5H3, Canada

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