Transportation
Target Clients
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Long-Haul carriers
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Minimum 5 Power units
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Tractors, trucks, Heavy commercial vans, Light commercial vehicles (tow trucks are excluded)
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Class 1 or Class A drivers
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Cargo types like: building material, plastic, grocery items, some hazardous
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Radius of Operations: Canada & US (excluding Mexico)
Coverage Features
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Physical damage coverage
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Motor truck cargo protection
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CGL coverage protection excluding non-owned auto, subject to a minimum aggregate deductible of $10,000
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Available to all provincially licensed vehicles, excluding licensed vehicles in Quebec
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12-month policies
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Discounts available for safety features
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Deductible options
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Excess of 50% US/CAN exposure
Underwriting Considerations
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Minimum age of any driver is 21 years of age
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Drivers - experience within Canada (min 1 year with in class driving training certificate)
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Rates and deductibles vary by commodity type
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Limits up to $350,000(per policy) for MTC and $2m for CGL
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No Auto Third Party Liability Coverage