As a contractor in Ontario, your truck isn’t just a vehicle—it’s your livelihood. It gets you to job sites, carries your tools, and represents your business. But when it comes to insurance, a common point of confusion is whether to go with a personal or commercial auto policy.
At Strong Roots Insurance, we’re proud to be rooted in your community and want to simplify the process for you. Here’s a quick breakdown:
Personal Auto: Not Built for Business
A personal auto policy is designed for just that: personal use. It covers things like your commute to and from work, running errands, and family trips. The key takeaway? It doesn’t typically cover the risks associated with using your vehicle for business purposes, such as:
- Transporting tools and equipment
- Driving to multiple job sites in a day
- Hauling trailers or heavy loads
- Having employees or other individuals drive the vehicle
If an incident occurs and your vehicle is only covered by a personal policy, your claim could be denied. That’s a risk no contractor can afford.
Commercial Auto: The Right Tool for the Job
A commercial auto policy is tailored specifically to protect you and your business. It accounts for the unique risks you face on the road, providing comprehensive coverage for:
- Higher liability limits: Protecting you from costly lawsuits.
- Coverage for tools and equipment: Some policies can be extended to cover the valuable contents you carry in your vehicle.
- Protection for multiple drivers: Ensuring your vehicle remains covered, when driven by an employee.
While it might seem like an extra expense, a commercial policy is an essential investment that provides a solid foundation for your business. It’s about more than just saving money—it’s about gaining peace of mind.
Your Trusted Partner
Navigating insurance can be complex, but it doesn’t have to be. As your local insurance expert, Strong Roots is here to help you get the tailored solution that fits your unique needs. We believe in building long-term relationships and providing the kind of personalized attention you deserve.
Give us a call, or stop by to chat. We’re your neighbours, and we’re dedicated to ensuring you have the right coverage to keep your business moving forward in Ontario.
