Commercial Auto Insurance in Ontario

Commercial auto insurance covers vehicles used to generate income for a business — vans, trucks, cars used for deliveries, client visits, or hauling tools and equipment. It works like personal auto insurance but adds coverage a personal policy excludes, such as tools/cargo protection and higher liability limits suited to business risk.

Yes, if the vehicle is used to generate income at all — even occasionally. Many home-based business owners assume personal use dominates and are covered, but most personal policies exclude any commercial use. Adding business-use coverage or a full commercial policy protects you if a claim happens during work-related driving.

Costs vary widely by vehicle type, business, and usage, but many businesses pay roughly 100–300 per month per vehicle, with some policies running higher for larger vehicles or higher-risk operations. Driving record, radius of travel, vehicle value, and coverage limits all affect price. Comparing multiple insurers is the best way to find a competitive rate.

Ontario law requires a minimum of $200,000 in third-party liability coverage for commercial vehicles. Most businesses carry $1 million to $2 million instead, since legal costs and settlements from a serious accident can easily exceed the legal minimum. A broker can help you choose a limit that matches your actual risk exposure.

Not automatically. A standard commercial auto policy covers the vehicle and your liability, but not the contents inside it. Tools, equipment, and client goods need separate Motor Truck Cargo or Tools & Equipment (Inland Marine) coverage, which your broker can add to your policy.

No, not under a standard commercial auto policy. If employees use personal vehicles for business purposes, you need a non-owned automobile endorsement to cover your business's liability. Without it, a claim involving an employee's personal vehicle during work use could leave your business exposed.

Two million is the common floor; larger general contractors and municipalities often require five. We'll size the limit to your contracts.