LMBF Helps Businesses Find the Best Commercial Vehicle Insurance Solutions
Your business may very well utilize only a single transport van or it may see hundreds of trucks go in and out of its facility each day. No matter what your scenario is, your business requires a customized commercial vehicle insurance policy, otherwise known as commercial auto insurance, based on your needs. Any vehicle which is used for business activities - such as transporting materials, equipment, tools, people, etc. should be covered by a commercial auto insurance policy. LMBF understands the importance of your business’ commercial vehicles and/or fleet, which is why we’re here to help ensure you get the coverage you need for the best price. Get the best commercial vehicle insurance today by starting with a free quote.
What Commercial Vehicle Insurance Covers
Third-Party Liability
Your commercial auto insurance contains third-party liability to cover legal expenses if the operation of one or several of your commercial vehicles causes property damage or bodily injury to a third-party. Your coverage would include any resulting court expenses, settlements, or costs.
Collision
As an optional coverage, similar to a personal policy, your commercial auto insurance includes coverage if your vehicle is involved in an accident with another driver or a stationary object. Coverage will include repair and/or replacement costs, minus your deductible.
Comprehensive
You can elect to include comprehensive insurance as part of your commercial auto insurance, which includes coverage for any repairs or replacements you need as a result of a hailstorm, fire, or another unexpected disaster that causes damage to your fleet or business vehicles.
- Property damage liability
- Bodily injury liability
- Collision
- Comprehensive
- Intentional damages
- Lack of maintenance
- Personal usage
- Tools & equipment
What is commercial auto insurance?
Commercial auto insurance is a commercial policy designed to protect a business’ vehicles, whether that’s a single car to do deliveries or a larger, multi-vehicle fleet of transport trucks. Commercial auto insurance is designed to protect your business’ third-party liability for accidental damages or injury caused by the operation of your vehicles as well as optional collision/upset and comprehensive coverage for covering the costs associated with doing repairs for your commercial vehicles.
Commercial Auto Insurance for These Business Sectors:
Construction
- HVAC construction
- Commercial construction
- Residential construction
- Demolition
- Electrical installers
- Highway construction
Manufacturing
- Metal manufacturers
- Autobody part manufacturers
- Chemical manufacturers
- Food manufacturers
Transportation
- Airlines
- Freight road transportation
- Courier companies
- Railways
- Trucking companies
Retail Industry
- Liquor retail
- Grocery retailing
- Furniture retailing
- Garden supplies retailing
- Auto parts retailers
Wholesale distribution
- Agricultural machinery wholesale
- Audio and video equipment retailers
- Bakery product wholesale merchants
Professional Services Industry
Our Commercial Auto Insurance partners
Your business requires its commercial vehicles to carry out its daily operations - whether that’s just one van or a larger fleet. LMBF has partnerships with a number of leading Canadian commercial auto insurance providers and is confident that it can help you find a policy designated for your protection needs from its carriers. Commercial auto insurance should never be purchased as a one-size-fits-all deal - not when your business is so unique. Let LMBF help you find a commercial auto insurance quote today.
