Deductibles on commercial trucking insurance policies can be very high and create an unexpected large expense to your business. Our deductible buy down policy is one of the only policies of its kind available on the Canadian market. We designed this policy specifically for trucking companies to reduce their deductible in the event of a claim. We highly recommend you check the deductible on your policy and make sure your business can afford an unexpected payment in that amount if there was ever an accident.
If you are already a customer of ours for your commercial trucking insurance, contact your service broker today to find out your deductible!
Highlights of this Policy:
Multiple Options of Deductible Buy Downs – This policy covers deductibles from $2,500 up to $25,000, and can buy deductibles down to anywhere from $1,000 $5,000.
Certificates Issued to Financing or Leasing Companies – Financing and leasing companies require certain maximum deductibles for vehicles. If your insurance policy deductible is higher than the required amount, our policy will provide coverage and certificates will be sent to the dealership from our support staff.
Coverage Options:
| Deductible Amounts Covered |
$5,000 - $25,000 |
| Buy Down Amount |
$1,000 - $5,000 |
| Coverages Applied to |
Section A (Standard Coverage): All Perils – At Fault Losses, Section B (Direct Compensation Property Damage), Section C (Third Party Property Damage) |
Accident on the road can happen, don’t let your business get set back just to make a claim with your insurance company. Make sure you always know your commercial trucking insurance policy deductible every year that your policy renews. Remember, we insure Ontario trucking companies as well. Let us show you how we can make your commercial policy and deductible buy down policy work together to save you money!
Testimonial:
“l've been with National Truck League for a lot of years now. I always find their service first rate and professional and when l made a claim, it was processed quickly and l got my cheque right away. I have recommended them to friends in the trucking industry before and l'll keep recommending them to anyone in trucking.”
- James H.