Commercial Car Insurance in Ontario

Protect Your Business on the Road

Find the Right Commercial Auto Insurance Plan

If an accident occurred involving one of your commercial vehicles, would your current insurance policy cover the damages? Are you prepared to handle a company vehicle breaking down unexpectedly? Without proper coverage, events like these can lead to costly repairs, legal action, or a significant interruption to your normal business operations. 

At Jeffery & Spence, our commercial insurance offers protection from a wide range of risks, with policies tailored to fit your specific requirements. Whether you are an independent operator or you own a large fleet of vehicles, our team can provide the commercial auto coverage that you need to stay protected. 

Our brokers will start by meeting with you to discuss the specific details of your business, so we can select the appropriate type of coverage for your commercial vehicles. Your coverage will depend on the use, range, and type of vehicles owned by your business. We’ll work to find you cost-effective insurance plans, so you can receive the most value at the lowest cost.

Partners with More Than 15 of the Most Reputable Insurance Companies in Canada

Munich RE | Jeffery & Spence
Echelon General Insurance Company | Jeffery & Spence
Gore Mutual | Jeffery & Spence

“So over the moon happy with these guys. I was a first-timer today, extremely nervous about taking another step toward “adulting” by getting my own auto insurance. And when I say nervous, I mean NERVOUS. Dave was MORE than helpful. His personality put me at ease, and the way he explained things made me go from feeling anxious to comfortable. Dave did more than help me get my own insurance. Dave made me feel like it was just a normal conversation between people. Whereas other conversations have gone with other companies, I felt like a stupid kid in their 20s that didn’t know what they were doing. It’s comforting to know that now, in the future, when I need home insurance, etc. I know who to call. Thanks a million, Dave.”

— J. Indoe

“The Jeffery & Spence team is wonderful. They have insured my assets for over 4 years. When I switched over from my old provider they made it easy. They were honest and reliable. I started simply with a call out for car insurance. They were able to take a look at 5+ companies and make sure I had the proper coverage at a great price. (They beat my old provider by $300). Slowly and surely as other asset insurance policies were coming to an end (home, business, additional vehicles) it only made sense to call over and get a quote. Additionally, there is customer service like no other. I call in frequently for updates and questions and whether it’s the front desk or managers I have never felt like I was asking a stupid question. Jeffery & Spence is awesome and you owe it to yourself to just give them a call.”

— C. Pavao

“Jason was great to work with – very prompt, communicative, and helpful. I managed to find the best deal for my auto insurance thanks to his help. I had initially tried calling another broker but they didn’t pick up so I called this company and am glad I did. Highly recommend!”

— E. Nip

Coverage Options for Commercial Auto Insurance

You need to be prepared for the unexpected and, with the variety of coverage options available, it’s essential to understand the different types of commercial auto insurance policies — so you can find coverage that best suits your business needs. Some of the most common coverage options include:

Accident Benefits Coverage:

Provides coverage for medical expenses and more, regardless of who is at fault in the event of an accident.

Bodily Injury Liability Coverage:

Covers the costs associated with injuries to other parties involved in an accident for which you or your employees are found responsible.

Collision Coverage:

Covers the cost of repairs or replacement of your commercial vehicle if it’s involved in an accident, regardless of fault.

Comprehensive Coverage:

Provides protection for your commercial vehicle from damages caused by events other than a collision, such as theft, vandalism, fire, or natural disasters.

Medical Payments Coverage:

Covers medical expenses for you and your passengers resulting from an accident, regardless of fault.

Property Damage Liability Coverage:

Covers the costs of damages to another person’s property that were caused by you or an employee.

Uninsured and Underinsured Motorist Coverage:

Protects your business in the event you or your employees are involved in an accident with a driver who doesn’t have sufficient insurance or is uninsured.

Fleet Insurance

Any business with five or more vehicles will also need to consider fleet insurance. Fleet insurance offers more custom coverage options, than your typical commercial auto policy, in order to accommodate the needs of a fleet of commercial vehicles.

Additional Commercial Vehicle Insurance Coverage

Many insurance companies offer additional coverage, including roadside assistance and rental reimbursement. Our team will be happy to review additional coverage options with you.

At Jeffrey & Spence, we understand that each business has unique needs, and we’re here to help you find the most comprehensive and cost-effective insurance solutions for your commercial vehicles. We are your trusted partner in safeguarding your business and providing the support you need to thrive.

Protect Yourself From Problems Before They Happen

Problem: An employee gets into a car accident while driving a company car, resulting in costly damages and injury claims, putting your business and financial stability at risk.

Solution: Jeffrey & Spence Insurance provides comprehensive liability coverage to protect your business against expenses related to bodily injury or property damage caused by your commercial vehicles. With tailored coverage options, you can rest assured that your business is protected from potential liabilities.

Problem: An accident involving your commercial vehicle leads to expensive repair or replacement costs. You worry about these unexpected expenses straining your budget, disrupting your operations, and negatively impacting your bottom line.

Solution: With collision and comprehensive coverage options from Jeffrey & Spence Insurance, you can protect your business from the financial burden of repairing or replacing damaged vehicles. This coverage ensures that your business remains operational and financially stable in the event of an accident or unforeseen event.

Problem: An accident involving an uninsured or underinsured motorist leaves your business facing significant financial losses. Without proper coverage, you worry about having to cover medical expenses, property damage, and other costs out of pocket.

Solution: Jeffrey & Spence Insurance offers uninsured/underinsured motorist coverage to safeguard your business from financial losses due to accidents with inadequately insured drivers. With this coverage in place, you can confidently navigate the roads knowing your business is protected from unexpected costs.

Additional Commercial Auto Insurance Coverage Options

The Jeffery & Spence team are true professionals who are dedicated to making sure you have an awesome experience. Working with their team has been great and I would highly recommend them to anyone! 10/10 - keep up the great work Jeffery & Spence.read more
Ryan Vielma
Ryan Vielma
21:03 15 Feb 19
My family and I have been insured through Jeffery and Spence for 14 years, and we will all always be loyal clients to this wonderful brokerage.read more
Ashlean Richardson
Ashlean Richardson
17:50 27 Nov 18
Have been with them for ages and wouldn't hesitate to recommend them to anyone. I have also gladly referred friends to them and they have taken good care of them as well!read more
Jason Shaw
Jason Shaw
20:38 02 Jan 18
شركة تامين لا باس
Ali SIDO
Ali SIDO
03:57 11 Feb 19
unbelievable service, literally saved a client of mine from a major catastrophe, highly recommend. Kyla was amazing
Andra Arnold
Andra Arnold
17:19 18 Apr 19
Excellent Customer service and communications, staff here makes me feel like part of the J&F family, highly recommend!
Rain Zhang
Rain Zhang
14:21 29 May 19
Excellent Customer service and communications, staff here makes me feel like part of the Jeffery&Spence family, highly recommend!read more
Rain Zhang
Rain Zhang
14:39 29 May 19
Awesome service, friendly advice and get what you need fast. Been a customer for over 10 years now.
Brock Parker
Brock Parker
16:03 27 Jun 19
Awesome service, friendly advice and get what you need fast. Been a customer for over 10 years now.
Brock Parker
Brock Parker
16:03 27 Jun 19
Ashlean made shopping for insurance so easy and stress free! From start to finish she was courteous and professional, listened to our needs and communicated with us every step of the way, all while finding us the best ratesread more
Chloe McKnight
Chloe McKnight
22:42 22 Jul 19
The Jeffery & Spence team is wonderful. They have insured my assets for over 4 years. When I switched over from my old provider they made it easy. They were honest and reliable. I started simply with a call out for car insurance. They were able to take a look at 5+ companies and make sure I had the proper coverage and at a great price. (They beat my old provider by $300). Slowly and surely as other asset insurance policies were coming to an end (home, business, additional vehicles) it only made sense to call over and get a quote. Additionally there is customer service like no other. I call in frequently for updates and questions and whether it’s the front desk or managers I have never felt like I was asking a stupid question. Jeffery & Spence is awesome and you owe it to yourself to just give them a call....even if your not from Guelph!read more
Corey Pavao
Corey Pavao
13:59 23 Oct 19
So over the moon happy with these guys. Specifically Dave. I was a first timer today, extremely nervous about taking another step toward “audulting” by getting my own auto insurance. And when I say nervous, I mean NERVOUS. Dave was MORE than helpful. His personality put me at ease, and the way he explained things made me go from feeling anxious to comfortable. Dave did more than help me get my own insurance. Dave made me feel like it was just a normal conversation between people. Where as other conversations have gone with other companies, I felt like a stupid kid in their 20s that didn’t know what they were doing. It’s comforting to know that now, in the future, when I need home insurance, etc. I know who to call. Thanks a million Dave.read more
Jaymee Indoe
Jaymee Indoe
18:55 21 Nov 19
Ashlean is so great to work with and she makes insurance easily accessible. I love all of the work they do in the community too. Check them out!!!read more
Heather Smart
Heather Smart
16:41 01 Dec 19
Awesome service! Jeffrey helped me find a solution for my insurance ASAP after I had such a poor experience with my previous insurer.read more
Jennifer A-M
Jennifer A-M
04:25 04 Dec 19
Expedient, professional and tailored to my needs. Highly recommend.
Annie Wong
Annie Wong
15:38 10 Dec 19
Met with Dave Jutzi and he was an absolute pleasure to work with! He created a plan to MY needs and MY budget! No pressure on me whatsoever and he really looked out for my best interest. If you're looking for extremely affordable auto and home insurance, DEFINITELY go see Dave!read more
Simon McGhee
Simon McGhee
16:38 21 Jan 20
My only regret was not calling them sooner. Ashlean Richardson went above and beyond for my company. I felt like they took me and my time very seriously and I appreciated that. Would highly recommend to my friends and family.read more
Kevin Wilkins
Kevin Wilkins
13:40 14 Apr 20
Ashlean was great to work with she was very helpful and prompt with all her responses; she was able to make a stressful situation go by very smoothlyread more
Haily Rice
Haily Rice
16:09 29 May 20
Been with Jeffery & Spence nearly 50 years and they have looked after all my insurance needs in a very professional manner. Hope to be with them another 50 years but at 83 y.o. that's not likely to happen.read more
Mario Bonifacio
Mario Bonifacio
13:18 19 Jul 21
Excellent company to work with! Geoff is professional, patient, and responded immediately to my needs.
Debbie Bianchi
Debbie Bianchi
12:26 21 Aug 21
Great service, quick response and best rates. Excellent job Jason DiReto 👏.
Asaad Yousiph
Asaad Yousiph
13:23 06 Jul 21
I wish I had found this broker earlier than I did. They make dealing with insurance such an easy and seamless experience. We are fortunate to work with Geoff; after every interaction with him, we always talk about how lucky we are to have him take care of our insurance needs. 5 stars all the way!read more
Luis Ribeiro
Luis Ribeiro
20:43 08 Oct 20
Great company to work with! We had just moved to the country and had no insurance history in Canada. Jason helped us figure out the system and find the insurance we needed at a reasonable price. Everyone at the brokerage was kind, responsive, and great to talk to.read more
Alana Lund
Alana Lund
12:37 22 Aug 22
Steve has been absolutely awesome to deal with! His communication skills are top notch and made getting insurance super easy. So glad I went with J&S!read more
Noah Olfert
Noah Olfert
20:01 30 Aug 22
If you need an insurance company , I highly recommend Jeffrey and Spence! Great service and prices
Valerie Schuett
Valerie Schuett
20:14 11 Aug 22
Dawn is my hero, she has gone above and beyond any of my expectations, and made every insurance renewal a piece of cake! Highly recommend!!!read more
Ty S
Ty S
12:58 18 Aug 22
I had a very good experience taking out and cancelling policies with them. Jason came up with the best rates I could find in a no-nonsense manner, and Dina promptly helped me with the processing including the early cancellations & refund when I left the country earlier than expected.read more
K. Kevin Wang
K. Kevin Wang
11:17 10 Feb 22

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Commercial Auto Insurance FAQs

What does commercial auto mean in insurance?

Commercial auto insurance refers to a type of insurance policy specifically designed for businesses that own, lease, or rent vehicles for their operations. This insurance covers damages, injuries, or liabilities resulting from accidents involving those vehicles. Commercial auto insurance provides protection for vehicles used for business purposes, such as delivery trucks, company cars, and fleet vehicles.

Is car insurance cheaper on commercial vehicles?

Car insurance rates for commercial vehicles can vary depending on several factors, such as the type of vehicle, how it’s used, the size of your business, and the amount of coverage you require. In some cases, commercial auto insurance might be more expensive than personal auto insurance due to increased liability risks and higher coverage limits needed for business operations.  Working with an experienced insurance brokerage, like Jeffrey & Spence, you will find the most competitive rates and coverage options tailored to your specific business needs.

Are fleet vehicles considered to be commercial vehicles?

Yes, fleet vehicles are typically considered commercial vehicles. A fleet vehicle is any vehicle owned or leased by a business, government agency, or other organization and used for business purposes. Fleet vehicles can include cars, trucks, vans, or specialized vehicles, and are often covered under commercial auto insurance policies to protect the business against potential liabilities and damages resulting from accidents or other incidents.

How many vehicles are required for fleet insurance?

The minimum number of vehicles required for fleet insurance can vary depending on the insurance provider and the specific policy. Generally, you should consider fleet insurance if you have 5 or more company vehicles.

Still Have Questions?