What is the best insurance company for commercial trucks?

The top commercial truck insurance companies in Ontario include Intact, Aviva, and Northbridge for established fleets, while Echelon suits high-risk operators. Premiums average $10,000-$18,000 annually per truck. The best choice depends heavily on your CVOR rating, operating radius, and years of commercial driving experience.

Top Ontario Trucking Insurers by Category

• Standard Markets (Intact, Northbridge): These carriers offer superior claims stability for operators with 3+ years of experience and clean abstracts. Rates typically range from $8,000 to $12,000 per power unit.
• High-Risk & New Ventures (Echelon, Pafco): Essential for businesses under 3 years old or drivers with infractions. Expect premiums to start above $20,000/year until a safety record is established.
• Cross-Border Logistics: For long-haul routes into the USA, Aviva provides strong coverage options that meet strict FMCSA filing requirements.

Work with a specialized broker to compare quotes, as these insurers do not sell directly to the public. Providing a clean CVOR abstract and driver training logs is the fastest way to qualify for preferred carriers and secure lower deductibles.