PROTECTING YOUR VEHICLES
Auto & fleet coverages to keep your business moving
We work with a range of businesses from coast to coast to insure their commercial vehicles. From dealerships and rental companies to delivery, trucking and construction companies, we are here to get you the right coverage that can save your business time and money. Because auto insurance rules and requirements vary by province, our specialized commercial auto team brings local knowledge to every policy. We help ensure your vehicles have the right physical damage protection and meet applicable insurance and registration requirements, reducing the risk of gaps or grey areas. For businesses with multiple vehicles, fleet insurance can also simplify administration by bringing vehicles together under one policy, with consistent coverage, streamlined renewals and certificates, and the option to select a common expiry date.
Third-party liability
Protect your business from legal costs, medical expenses, and court-awarded compensation if one of your commercial vehicles is involved in an accident that injures someone or damages property.
Physical damage coverages
Two important coverages, collision and comprehensive, protect your business vehicles from damages, while minimizing repair costs and downtime. Collision covers vehicle repairs following an accident, while comprehensive protects against damages from theft, vandalism, and fire.
Accident benefits
This coverage is a mandatory part of commercial auto insurance in many provinces. If there is an accident (regardless of who is at fault), it can cover medical expenses, rehabilitation costs, and lost income for those in the vehicle.
Special limit
Businesses that have five or more commercial vehicles are eligible for fleet insurance. Whether your company has a single vehicle or a fleet of 20, we’ll make sure you have the appropriate insurance policy to suit your business.
Loss of use
If a covered vehicle is damaged and temporarily out of service due to a claim, loss of use coverage can help cover the cost of renting a replacement vehicle or alternative transportation while repairs are being completed. This coverage can help minimize disruption to your operations and keep your business moving.
THE NAVACORD DIFFERENCE
Why businesses trust Navacord for their auto & fleet coverage
Companies across Canada look to Navacord for reliable coverage and dedicated advice for their commercial vehicle insurance needs. We help identify coverage gaps, ensure compliance with complex provincial requirements and commercial auto regulations, and source competitive coverage options through both provincial and private insurers. Our specialized commercial auto team provides the expertise businesses need to protect their vehicles with confidence.
Fleet analysis
At each renewal, we’ll review the vehicles, usage and coverages to deliver tailored recommendations to ensure you receive the best rates possible for your commercial vehicles.
Fleet loss report review
Insurers provide a loss report of chargeable claims at renewal time. We’ll review these claims and provide available repayment options.
Reliable claims support
When a complex claim arises, our in-house claims team will advocate for you, helping you navigate the process, and working to ensure the claim is settled fairly.
Learn from our commercial auto & fleet insurance experts
"Many businesses assume that if their vehicles are insured, they're fully protected. In reality, some of the biggest exposures come from gaps between how vehicles are registered, how they're used, and how they're insured. As your business grows, adds drivers, takes on new contracts, or expands into new regions, your commercial auto program needs to evolve with it. Our role is to help clients stay ahead of those changes by identifying emerging risks, reviewing liability requirements, and ensuring their coverage reflects the realities of their operations. When a claim occurs, having the right insurance in place can make the difference between a disruption and a significant financial setback."
FAQs for commercial auto & fleet insurance
Your commercial auto insurance policy will be customized for your business needs. Some common commercial auto and fleet coverages include liability to protect your business from lawsuits, accident benefits for drivers and passengers involved in an accident, and coverage for vehicle repairs.
Yes. Any commercial vehicle used to transport people or goods requires liability insurance. The specific coverage requirements and limits will vary based on your location, the type of business you operate, and the vehicles you use.
Whether your business has a single commercial vehicle or an entire fleet, we can help you find the ideal coverage to protect your vehicles and keep your business moving forward.
Our expert commercial auto and fleet advisors will create a custom insurance policy for your business needs, and source the best price and coverage available. The cost of your coverage will depend on various factors such where your vehicle(s) is located, the type of vehicle(s), and your insurance and claims history.
To ensure your entire fleet is covered, we can help deliver a policy that includes a fleet rating.
If your commercial vehicle has specialized equipment, replacing it with the same equipment may not be possible. The right insurance policy can help cover lost income if your business experiences downtime.
