Transportation & Logistics Insurance – Ontario
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 Ontario is unique in its own way. From trucking organizations with drivers located in Northwestern Ontario to multi-unit companies travelling in and around Toronto as well as cross border trucking operations, we have you covered. With all it has to offer, it’s not hard to understand why so many people decide to set up shop in Ontario.
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!
10 Ontario Business Facts
- Niagara Falls is one of the largest draws to Ontario. In fact, it welcomed 12.9 million visitors in 2017 and tourism expenditures reached a whopping $2.4 billion!
- It comes as no surprise that Toronto is a big player in the film and television production sector. Often being called the Hollywood of Canada, over 25% of Hollywood movies are filmed in Toronto.
- Fishing is a beloved past time in Ontario, but it’s also an economic driver. With over 1.12 million anglers on Ontario water a year, they spend $1.6 billion a year in the province, whether at remote fishing lodges or supporting small angling businesses.
- Ontario is one of the most multicultural places in the world. It’s home to many festivals including Caribbean Carnival, Jazz Festival and Oktoberfest. In fact, there are over three thousand festivals each year.
- Ontario has a thriving agricultural sector. The province contributes to almost a quarter of all farm revenue in Canada. The top crop productions are soybeans, corn and winter wheat.
- Forestry is another large industry in Ontario, supporting over 53,000 jobs. In fact, the forests of Ontario cover a land area close to the size of Italy, Germany and the Netherlands…combined.
- Ontario is the national leader when it comes to manufacturing. Automotive, textiles, electrical goods and farm implements contribute to an industry that employs about half of Canada’s manufacturing jobs.
- The Royal Ontario Museum is the largest in Canada, and the fifth largest in all of North America. It sees a total of one million visitors a year who stop by to see many collections in over 40 galleries.
- Another driving force for the province is the food processing industry. Ontario has over 3,000 companies that make both food and beverage products. Companies include Kraft, Nestle, Kellogg’s, Coca Cola and PepsiCo.
- With over 25,000 restaurants in Ontario, it’s not surprising that some famous dishes have originated in Ontario. The Hawaiian pizza didn’t originate from the islands of Hawaii, rather at the Satellite Restaurant in Chatham!
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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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