Looking for an insurance company- western based trucking company

Tammy

Member
5
can anyone recommend an insurance company to insure a small fleet of truck/trailers-western based trucking company
 

loaders

Site Supporter
30
Must be Alberta as the rest of the Western Provinces have state run auto insurance. Not too sure what the role of the insurance broker is in these locations, but the insurance company is the Provincial government. At least that’s how I understood it to be.
 

tasuinam

Active Member
15
Must be Alberta as the rest of the Western Provinces have state run auto insurance. Not too sure what the role of the insurance broker is in these locations, but the insurance company is the Provincial government. At least that’s how I understood it to be.
Yup MB is thru MPI -
 

Jim L

Well-Known Member
30

Just curious if trucking industry connected to all of this and what would be an outcome...Hmm..
Its no secret that insurance fraud is rampant. Anyone who makes a claim are usually paid out very quickly by the insurance company to get it off the books. The insurance company is not willing to investigate very far and are rewarded by just raising rates because insurance is mandatory. It has just become a pay and charge back system. The only way around this would be to take on a lot more risk by raising your deductibles and then make sure you do everything in your power to make sure there is no claim.
In the trucking industry we hire super safe drivers, create policies (such as dash cameras), show that the policies are enforced (make sure the cameras work and are reviewed) and then pray that your super safe driver is not implicated in an accident where they would deem the driver at fault.
The snow removal contractors can do the same. They should raise their deductible and ask the property owner to take on a portion of the deductible - after all, the customers that are falling and making claims are not the contractors customer, its the property owner. The contractor can show good faith by creating a policy where someone is trained to come and measure the amount of force before you slip (friction) and make sure it is done often. That extra bit of salt that you charge back to the property owner will almost be priceless.
 

TRKINSURE

Active Member
15
Its no secret that insurance fraud is rampant. Anyone who makes a claim are usually paid out very quickly by the insurance company to get it off the books. The insurance company is not willing to investigate very far and are rewarded by just raising rates because insurance is mandatory. It has just become a pay and charge back system. The only way around this would be to take on a lot more risk by raising your deductibles and then make sure you do everything in your power to make sure there is no claim.
In the trucking industry we hire super safe drivers, create policies (such as dash cameras), show that the policies are enforced (make sure the cameras work and are reviewed) and then pray that your super safe driver is not implicated in an accident where they would deem the driver at fault.
The snow removal contractors can do the same. They should raise their deductible and ask the property owner to take on a portion of the deductible - after all, the customers that are falling and making claims are not the contractors customer, its the property owner. The contractor can show good faith by creating a policy where someone is trained to come and measure the amount of force before you slip (friction) and make sure it is done often. That extra bit of salt that you charge back to the property owner will almost be priceless.
The law was recently changed for slip and falls in ON. The time limit for the statement of claim was previously 2 years - now it's been changed to 60 days. This will help fix the industry (although insurers are paying out these losses as they're very difficult to defend), but it will take some time. We're seeing players enter into the 'snow contractor' market and hopefully in the next year or two we'll start to see decreased premiums..... but no words on shortening the limitations on trucking claims... sorry guys.
 

TRKINSURE

Active Member
15
The law was recently changed for slip and falls in ON. The time limit for the statement of claim was previously 2 years - now it's been changed to 60 days. This will help fix the industry (although insurers are paying out these losses as they're very difficult to defend), but it will take some time. We're seeing players enter into the 'snow contractor' market and hopefully in the next year or two we'll start to see decreased premiums..... but no words on shortening the limitations on trucking claims... sorry guys.
 
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