A Guide to Buying Commercial Truck Insurance in Montreal
Located in the southern area of Quebec, Montreal is close to the United States border and is home to approximately 1.7 million people. Montreal is the largest city in Quebec and the second-largest city in Canada. The metropolitan Montreal area is even bigger, home to 4 million residents, and covers just over 4,000 km2. This means that moving products through Montreal via truck is a big task, and we protect you with commercial truck insurance in Montreal.
Montreal is a melting pot of cultures and languages, although most residents speak French or English. Trucking is a huge industry in Canada and generates almost $40 billion each year with more than 63 million shipments being moved. These include both private companies and government entities that transport goods across the country, providing jobs to 324,000 Canadians each year.
How Is Commercial Truck Insurance in Montreal Different Than Auto Insurance?
Commercial truck insurance is for cargo and trucks rather than for company cars. All trucks used for commercial operations should be insured with a commercial policy to safeguard operations.
When it comes to commercial truck insurance, your comprehensive and collision insurance covers accidents, while more specific benefits like cargo insurance protect the products you are using and occupational accident coverage protects your drivers.
At HUB International, we will connect you with a broker who can help you determine what coverage you need. Our goal is to minimize your risk without maximizing your costs. We want you protected from the risks that come from having trucks on the road but do not want to overload you with coverage that you simply do not need. Depending on the size of your business and how many trucks you have on the road, you may need a mixture of the following:
- Physical Damage: can include towing coverage, rental reimbursement, gap coverage, driver personal effects, combined and aggregate deductibles, collision and comprehensive coverage
- Liability: can include primary liability, hired auto, non-owned auto, non-trucking liability, umbrella liability coverage, blanket lessee and underinsured/uninsured motorist
- Risk Services and Fleet Safety: can include claim reporting and advocacy, pre-hire screening process, best practice assessments, fleet safety training
- Motor Truck Cargo: can include earned freight charges, aggregate deductibles, high-valued commodities, debris removal, pollution cleanup, loading and unloading
We recognize that each client is unique and needs a customized individual plan. The job of our broker is to help you get that.