Truck Insurance for New Authority in Ontario
Getting your first trucking insurance policy is one of the biggest hurdles for new owner-operators. Here's exactly what to expect and how to get covered—even with no operating history.
Last updated: December 2025 | New venture guide
Yes, You Can Get Insured
New authorities CAN get commercial truck insurance in Ontario. You'll pay more (typically 40-60% higher than experienced operators), have fewer insurer options, and may face restrictions—but coverage is available. Several insurers specialize in new ventures, and experienced trucking brokers know how to place this business.
What "New Authority" Means for Insurance
Insurance companies define "new authority" or "new venture" as a trucking operation with less than 2-3 years of continuous operating history. This classification matters because:
- No claims history: Insurers can't assess your risk based on past performance
- Unproven management: No track record of safe operations
- Higher failure rate: 80% of new trucking companies fail within 2 years
- Limited options: Most standard insurers won't quote new ventures
New Authority vs. Experienced Operator Costs
| Coverage Type | Experienced (3+ yrs) | New Authority | Difference |
|---|---|---|---|
| Full Package (O/O) | $10,000 - $14,000 | $16,000 - $22,000 | +40-60% |
| Liability Only | $4,500 - $6,000 | $7,000 - $10,000 | +50-65% |
| Deductibles | $1,000 - $2,500 | $2,500 - $5,000 | 2x higher |
What You Need to Get Insured
To apply for trucking insurance as a new authority, you'll need:
Required Documents
- • Valid CVOR certificate
- • Commercial driver abstract (3-year)
- • Vehicle ownership/lease documents
- • Business registration (Master Business License)
- • HST/GST registration number
Helpful to Have
- • Business plan (routes, cargo types)
- • Driver training certificates
- • Previous employer reference letters
- • Proof of industry experience
- • Safety program documentation
Driver Experience Requirements
Even if your company is new, YOUR personal driving experience matters significantly:
- 2+ years commercial driving: Opens access to most new venture programs
- Clean abstract: No at-fault accidents or major convictions in 3 years
- AZ license history: The longer you've held your AZ, the better
- Prior employer verification: Letters confirming your experience help
What If You Have No Commercial Experience?
If you have no commercial driving history, your options are very limited. Consider: leasing on to an established carrier for 1-2 years to build history, or starting with a small vehicle (straight truck) that's easier to insure before moving to a semi.
Which Insurers Write New Authorities?
Most mainstream insurers won't quote new ventures. However, several specialty markets work with new trucking companies:
- Northbridge Insurance: Has new venture programs with specific requirements
- Intact (Specialty Solutions): Considers new authorities case-by-case
- Facility Association: Last resort, but always available (expensive)
- Surplus lines markets: Lloyd's syndicates and other non-admitted carriers
A specialized trucking broker is essential—they know which markets are currently accepting new ventures and can present your application effectively.
Tips to Get the Best New Authority Rate
- Start with a specialized broker: Don't waste time with general insurance agents who don't understand trucking.
- Prepare your documentation: Have everything ready before applying. Incomplete applications get rejected.
- Highlight your experience: Even if your company is new, emphasize your personal driving and industry experience.
- Accept higher deductibles: Offering a $5,000 deductible instead of $2,500 shows skin in the game.
- Limit your radius initially: Starting with local/regional operations is easier to insure than cross-border.
- Invest in safety tech: Dash cams, ELDs, and telematics demonstrate commitment to safety.
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Third-generation insurance broker and CEO of Mitch Insurance, a family-run brokerage since 1948. Adam has led the company to multiple industry recognitions including IBAO Brokerage of the Year and works with over 70 of Canada's top insurance companies.