LMBF Helps Businesses Find the Best Commercial Vehicle Insurance Solutions

Your business may very well utilize only a single transport van or it may see hundreds of trucks go in and out of its facility each day. No matter what your scenario is, your business requires a customized commercial vehicle insurance policy, otherwise known as commercial auto insurance, based on your needs. Any vehicle which is used for business activities - such as transporting materials, equipment, tools, people, etc. should be covered by a commercial auto insurance policy. LMBF understands the importance of your business’ commercial vehicles and/or fleet, which is why we’re here to help ensure you get the coverage you need for the best price. Get the best commercial vehicle insurance today by starting with a free quote.

What Commercial Vehicle Insurance Covers

Third-Party Liability

Third-Party Liability

Your commercial auto insurance contains third-party liability to cover legal expenses if the operation of one or several of your commercial vehicles causes property damage or bodily injury to a third-party. Your coverage would include any resulting court expenses, settlements, or costs.



As an optional coverage, similar to a personal policy, your commercial auto insurance includes coverage if your vehicle is involved in an accident with another driver or a stationary object. Coverage will include repair and/or replacement costs, minus your deductible.



You can elect to include comprehensive insurance as part of your commercial auto insurance, which includes coverage for any repairs or replacements you need as a result of a hailstorm, fire, or another unexpected disaster that causes damage to your fleet or business vehicles.

  What commercial auto insurance covers
  • Property damage liability
  • Bodily injury liability
  • Collision
  • Comprehensive
  What commercial auto insurance excludes
  • Intentional damages
  • Lack of maintenance
  • Personal usage
  • Tools & equipment

What is commercial auto insurance?

Commercial auto insurance is a commercial policy designed to protect a business’ vehicles, whether that’s a single car to do deliveries or a larger, multi-vehicle fleet of transport trucks. Commercial auto insurance is designed to protect your business’ third-party liability for accidental damages or injury caused by the operation of your vehicles as well as optional collision/upset and comprehensive coverage for covering the costs associated with doing repairs for your commercial vehicles.

Commercial Auto Insurance for These Business Sectors:

Every business needs commercial vehicles for a different reason. Whether that’s to deliver a product to a customer, transport materials to a partner, or drive a client around, commercial auto insurance can cover whatever you use your commercial fleet or vehicles for. As long as your business is utilizing your vehicles for “business” activity, commercial auto insurance is a must. Below is a list of some of the sectors and individual businesses that may require commercial auto insurance for their operations.
Financial Industry


  • Commercial banks
  • Insurance brokerages
  • Financial advisors
  • Accountants & bookkeepers
More info
Real Estate Industry

Real Estate

  • Estate agents
  • Real estate developers
  • Property management
More info
Construction Industry


  • HVAC construction
  • Commercial construction
  • Residential construction
  • Demolition
  • Electrical installers
  • Highway construction
More info
Maintenance Industry

Personal Services

  • Garage repair shops
  • Autobody stores
  • Auto servicing
More info
Education Industry


  • Online courses
  • Driving schools
  • Primary education
  • Universities
More info
Manufacturing Industry


  • Metal manufacturers
  • Autobody part manufacturers
  • Chemical manufacturers
  • Food manufacturers
More info
Transportation Industry


  • Airlines
  • Freight road transportation
  • Courier companies
  • Railways
  • Trucking companies
More info
Organizations Industry


  • Chairities
  • Organizations
  • Fundraisers
More info
Agriculture Industry


  • Hobby farms
  • Commercial farms
  • Beef farms
  • CBD plantations
More info
Entertainment Industry


  • Bowling alleys
  • Amusement parks
  • Theatres
  • Arcades
  • Minigolf
More info
Healthcare Industry


  • Occupational therapists
  • Counselors
  • Massage therapists
  • Dentists
More info
Retail Industry

Retail Industry

  • Liquor retail
  • Grocery retailing
  • Furniture retailing
  • Garden supplies retailing
  • Auto parts retailers
More info
Hospitality Industry


  • Hotels and motels
  • Travel agents
  • Lodging agencies
More info
Publishing Industry


  • Printers
  • Publishers
More info
Personal Care Industry

Personal Care

  • Hair salons
  • Weight loss services
  • Nail spas
  • Dry cleaners
More info
Wholesale Distribution Industry

Wholesale distribution

  • Agricultural machinery wholesale
  • Audio and video equipment retailers
  • Bakery product wholesale merchants
More info
Professional Services Industry

Professional Services Industry

More info

Our Commercial Auto Insurance partners

Your business requires its commercial vehicles to carry out its daily operations - whether that’s just one van or a larger fleet. LMBF has partnerships with a number of leading Canadian commercial auto insurance providers and is confident that it can help you find a policy designated for your protection needs from its carriers. Commercial auto insurance should never be purchased as a one-size-fits-all deal - not when your business is so unique. Let LMBF help you find a commercial auto insurance quote today.

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Want to Get Started on Your Commercial Auto Insurance? Start with a Commercial Vehicle Insurance Quote.

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Commercial Vehicle Insurance: Frequently Asked Questions

A: The price of commercial auto insurance varies depending on the unique variables of your business. How many commercial vehicles does your business utilize? Does it have a single delivery vehicle, or a fleet of some hundred transport trucks? What are these vehicles used for - transporting materials, goods, or even clients? Who is permitted access to these vehicles? All these factors will impact the overall cost of your commercial auto insurance.

A: If you are a delivery driver working for a larger company, such as Uber, SkipTheDishes, or other enterprise, your commercial vehicle insurance may be maintained through the employing business. You will, however, need to purchase a separate personal auto insurance policy to protect you for when you aren’t doing deliveries. Your employing company may only cover you when you are doing trips. Moreover, you may need to inform your auto insurance company about your business usage to ensure your coverage is sufficient.

A: Commercial auto insurance is necessary for anyone who drives as a part of their business, including delivery drivers and ride-share operators. If you’re wondering if commercial auto insurance is cheaper than personal, then it depends. If you’re a business with numerous commercial vehicles or you use larger vehicles like vans and trucks, your policy is likely to cost you more. For delivery drivers who use their personal vehicles, a commercial policy is still typically more expensive (although this can vary by provider.)

A: Trailers that are used for business purposes require a commercial vehicle insurance policy to be covered. Typically, a commercial auto policy will cover the trailer and the vehicle towing it. Discuss with your broker about the exact details of a commercial auto insurance policy for a utility trailer or other type of trailer.

A: Commercial auto insurance is necessary for whenever you are using a vehicle for business activities, including transporting clients to and from various locations, transporting goods, materials, and products, and so forth. If you are a delivery driver who works under a larger company that maintains your commercial policy, you may only be covered by your commercial auto policy when you are actively doing deliveries. Any other time, you will require a personal auto insurance policy to have coverage.

A: Yes, commercial vehicle insurance is required. Operating a vehicle on public roads, in every province and almost every state, will require you to carry some form of commercial vehicle insurance. The minimum standards will vary by each location.