commercial auto insurance coverages

Common commercial auto insurance coverages

Commercial auto insurance will typically include the same mandatory coverage, providing insurance coverage, voluntary drive were for private, personal use of the vehicle.

Although it varies from province following is a list of the most common mandatory and optional commercial auto insurance coverages that may be included in your contract of automobile insurance business:

Accident Benefits coverage

Accident benefits coverage is mandatory almost everywhere in Canada. It varies from province, but generally provides compensation for medical care and rehabilitation, funeral expenses, loss of income due to disability and death.

Liability Insurance

Liability insurance (known as liability in Quebec) provides coverage if you drive while your company vehicle, the driver is legally responsible for damage to another, or damage to property of another. If the driver is responsible for more coverage, your company may be responsible for the rest. Liability insurance coverage is mandatory in all provinces and territories, although the minimum required coverage may vary.

Uninsured or unidentified motorist coverage Underinsured

This coverage is universal across Canada. While it may be called something different, or divided into two or more types of coverage are the same principles. the uninsured motorist coverage or unidentified provides for payment (the amounts vary by province) if the person driving your company vehicle is injured or killed because of an uninsured driver or under-insured, or a unidentified vehicle as a blow to the leak.

Direct Compensation Property Damage

In Ontario, Quebec and New Brunswick, direct compensation - insurance against property damage have damage to your vehicle and property permanently attached inside due to a car accident when the driver of the vehicle company no fault or partially responsible for the accident.

Collision Coverage

Collision is an optional benefit that is part of your policy protects your car if it is damaged in an accident.

Full Coverage

Full, as collision, on a voluntary basis. It protects the loss of the vehicle or damage is caused by something other than a collision. Comprehensive is usually the case of damage from falling or flying objects, theft and vandalism.

Family Protection

Family Protection provides coverage for the vehicle of the actions of a responsible driver, uninsured or underinsured. If the protection available, the family offers coverage to the limits of your policy commercial auto insurance, regardless of coverage levels of the other person.

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