Transportation & Logistics Insurance – Nova Scotia
Whether you are an owner-operator of a single unit or a large fleet of trucks, we’re here to take the guesswork out of carriers’ insurance. As a truck owner or operator, you know the importance of planning for the best route as the unexpected can happen. Whether you haul locally or across borders, we’ll ensure you have the right coverage in place. All you’ll need to focus on is the road ahead!
As your local insurance experts, we know that each business in Nova Scotia is unique in its own way. From trucking organizations with drivers located in Halifax, Bridgewater, and Truro to multi-unit operations out of Springhill who drive internationally weekly, we’ve got you covered. With all it has to offer, it’s not hard to understand why so many people decide to set up shop in Nova Scotia.
We understand it’s vital to protect what’s most important to you and your business. Our expert insurance advisors are here to ensure you’re protected and provide peace of mind so you can focus on nurturing your business for the future.
Dealing with complex risk? Learn about Corporate Advisory & Specialty
Corporate Advisory & Specialty serves our complex risk commercial clients. Our CA&S business consultants will help you identify and quantify risk, determine your risk appetite, and structure cost-effective risk transfer and mitigation programs.
Why Choose Westland?
We know that your business insurance needs to match your goals, your business and your budget. Our expert business insurance advisors get to know you and your business, so that they can tailor a policy to your exact needs. We’ll work with you to build a risk management solution, ensuring coverages line up with your business needs.
Insurance can be complex sometimes. Let our expert insurance advisors do the heavy lifting! We’ll help you find a policy that you feel is the best fit and provides peace of mind. To learn more about the benefits of being a Westland client, Click here.
Transportation & Logistics Insurance Explained
Insuring heavy vehicles can be complicated, from completing filings and regulatory requirements to making sure you have the proper coverage – not to mention, heavy vehicles in every industry have different insurance needs. Fortunately, the commercial insurance experts at Westland Insurance understand the unique needs of the transportation and logistics industry. Whether you’re an owner-operator of a single unit or a large fleet of trucks, we’re here to take the guesswork out of carriers’ insurance.
A deductible is the amount of money you are responsible for paying in the event of a claim. Deductibles on commercial truck insurance policies can be high and create an unexpectedly large expense to your business. We designed this coverage specifically for truckers to reduce their deductible when they have to make an insurance claim on their commercial policy.
This covers your fleet 24/7 while employees are on or off the job. Our WSIB alternative disability policy is specifically designed for Canadian owner-operators or drivers. This coverage is a great choice whether you’re an independent owner-operator or a trucking company.
Your truck is what drives the top line of your business and without it hauling freight, your business is unable to make money. We created a business expense policy just for Canadian truckers. This coverage specifically reimburses you for business expenses that you incur while you are injured from an accident.
Your truck in the shop costs you every day it stays there. Downtime coverage pays a weekly income if your truck is in the shop due to an accident. If your truck is written off or stolen, you will receive a lump sum payout to cover your income.
If your fleet has drivers going out of your home province, not all of your healthcare expenses will be covered even within Canada, and American hospitals are known to have expensive care.
This coverage protects your drivers traveling out of province with added benefits specifically for the Canadian trucking industry. With this coverage, the insurance provider will work directly with the hospital and the provincial health care plan to get your bills paid.
If your company is looking for critical illness coverage for your drivers, Westland makes it easy with no medical examinations to get coverage. With preferred fleet rates and no underwriting, this coverage is highly beneficial for truckers.
Having health and dental benefits for you and your family is important, especially to cover those emergency visits to the doctor or dentist. We know that it can be hard to secure Health and Dental Benefits which is why Westland offers two exclusive benefit plans to our clients, giving you the option to select the coverage that suits your lifestyle. Contact us to learn more.
This is an essential form of coverage included in a transportation policy. It protects you and your business in the event you are found to be responsible for an accident.
These forms of coverage are an integral part of a Transportation policy. It protects you and your business in the event your vehicle is damaged in an accident, stolen or damaged in a fire.
There are also coverages specific to the trucking industry, including:
- Cargo
- Reefer breakdown
- Loading & unloading
- Debris removal and
- Aggregate deductibles
A big part of the transportation and logistics equation is the cargo itself. Accidents can happen and losses to your load may occur while in transit. That’s where a cargo policy comes into play. It ensures that if the cargo is damaged while it is being transported or being loaded or unloaded, coverage will kick in. This ensures that your business will not be financially responsible for the replacement of the cargo.
Review Your Insurance and Get a Quote with Westland
Ready to discuss your insurance needs? Our expert advisors are here to review your current insurance policies, discuss your unique risks and operations, and find the perfect insurance policy for your business. Whether it’s over email, the phone or in person we are ready to help! To get started on a quote now and see price estimates for your business coverage, click the button below. Our advisors will contact you right away and help navigate your risk management needs. Of course, we are always available to talk over the phone or in person. Check out our locations page to connect with an office closest to you!
Claims Example
Theft is one of the most common claims we see when it comes to small contractors. For example, tools are the most vulnerable for theft as they can be stolen from job sites, leaving small contractors without what they need to get the job done. The right small contractors’ insurance policy will help mitigate these risks and get you back to your normal as quickly as possible.
Our goal is to find the best coverage for your business so you can focus on what’s important. To learn more about being a Westland client, click here.
10 Nova Scotia Business Facts
- With all the surrounding beauty, the tourism industry is a large sector in Nova Scotia. In fact, more than 1.2 million visitors were welcomed in 2019.
- When you think of the East Coast, what comes to mind? Lobster fishing of course! The commercial fishing industry is a cornerstone of the province with exports of lobster totalling $570 million in 2014.
- With 75% of Nova Scotia covered with Acadian forest, the forestry industry is an economic anchor in the province. It attributed to over $2.1 billion in economic impact as well as 11,500 jobs.
- Downtown Halifax is the heart of Atlantic Canada’s big city. It features more than 400 retailers, restaurants, pubs and services.
- A popular attraction for visitors and residents alike is the Maritime Museum of the Atlantic. Located in downtown Halifax, it’s the oldest maritime museum in Canada and features over 30,000 artifacts, including exhibits showcasing a selection of artifacts from Titanic as well as the Halifax Explosion.
- Nova Scotia’s agriculture sector is heavily focused on dairy and poultry. Dairy production exceeds 206 million litres of milk as well as over 17 million dozen eggs annually.
- Halifax nurtures a large IT, gaming and digital media sector. Video game production has a home in Nova Scotia for companies such as Ubisoft Halifax, RedMeat Games and Silverback Games!
- With its location along the east coast, ocean technology is prominent in Nova Scotia. Technology includes acoustics, instrumentation and sensors in addition to ocean observation and defence and security.
- Nova Scotia is also known as the global gateway to the world, leading to a sophisticated transportation and logistics industry. By utilizing sea, rail, air and road Halifax is known as the transload hub when it comes to imports destined for central Canada and the US.
- With all of the fresh seafood, the restaurant industry in Nova Scotia features some of the best dishes. There are over 1,700 businesses employing over 30,000 employees across the province. Although not seafood, the official food of Halifax is the donair.
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Whether you’re looking for insurance for your first home or wanting to discuss your existing policy, our team is ready to help. Connect with us today.
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