Toronto Commercial Auto and Fleet Insurance
Toronto commercial vehicle insurance backed by decades of experience
Toronto is home to thousands of businesses that rely on fleets to keep their operations moving – from delivery services and trades contractors to logistics companies navigating the busy GTA. At Acera Insurance, we provide competitive commercial auto insurance. We also offer fleet insurance plans for businesses with five or more vehicles under common ownership, whether that means a handful of delivery vans or dozens of trucks transporting equipment across Ontario.
As one of Canada’s largest independent insurance brokerages, with decades of experience, Acera Insurance combines national strength with local expertise. Our Toronto brokers have access to leading auto insurers and can also support you with fleet management tools and claims-related services that keep your vehicles on the road and your business running smoothly.
Working with an insurance brokerage means you benefit from choice. We represent a wide network of insurance providers, but our priority is always you. Our commercial team takes the time to understand your operations and customize coverage for your unique fleet – ensuring you get protection that fits your business, not a one-size-fits-all policy.
Who needs commercial auto insurance in Toronto?
If your Toronto business owns, leases, or operates vehicles for work purposes, you need commercial auto insurance. Personal auto policies won’t provide adequate protection when vehicles are used for business activities, and relying on them could leave you exposed to financial and legal risks.
Here are some businesses that commonly require commercial auto insurance in Toronto:
- Auto Garages
- Delivery Services
- Trades & Contractors
- Transportation Companies
- Logistic Companies
- Real Estate Companies
- Sales & Service Companies
- Healthcare Workers
- Community Support Workers
- Auto Garages
- Consultants
- Mobile Food Trucks
Toronto commercial auto claim examples
Bodily injury
While driving to make an inventory delivery, your employed driver accidentally hits a pedestrian in a company vehicle. The pedestrian files a lawsuit for injuries suffered totaling $500,000
Result: The commercial automobile takes effect and covers the legal defense and damages.
Property damage
While going to a jobsite, your vehicle slips on black ice while going downhill and collides with a nearby home. The homeowner suffers damages to his house and seeks out damages totaling $150,000.
Result: The homeowner sues you for the damage to his property and your commercial auto policy covers the legal fees and damages via the third party liability coverage.
Loss or damage to automobiles
During a routine test drive the employee of your auto repair garage is involved in an accident in a customer’s vehicle. Your customer returns to find out that his vehicle is damage while under your care, custody and control and seeks for damages to his vehicle totaling $30,000.
Result: Your commercial garage automobile policy covers the cost of repair to your customer’s vehicle while in your care, custody, and control.
Key Toronto commercial auto coverages
Third-Party Liability
If you or an employee driving a company vehicle is involved in an accident in Toronto and found partially or fully at fault, third-party liability coverage protects your business. It can cover legal expenses if you’re sued and compensation for injured parties. This coverage goes beyond general liability insurance, ensuring your vehicles and drivers are fully protected on Toronto’s busy streets.
Accident Benefits
From fender-benders on Yonge Street to serious collisions on Highway 401, accident benefits coverage provides financial protection. It can cover medical bills, rehabilitation, loss of income, and even funeral expenses. While Ontario has mandatory minimum benefits, these are often too low to reflect real costs. Increasing your coverage ensures both your vehicles and employees are properly protected.
Uninsured/Underinsured Automobile
Unfortunately, not every driver in Toronto carries adequate insurance. Uninsured and underinsured automobile coverage protects your business if an employee is injured (or worse) by a driver without sufficient coverage, or in a hit-and-run. It helps cover medical costs, vehicle damage, and related expenses.
Collision
Collision coverage is optional but highly recommended for Toronto businesses. If a company vehicle collides with another vehicle or object – whether it’s a parked car in the downtown core or a streetlight in an industrial lot – this coverage pays for repairs or replacement. Coverage applies regardless of fault, subject to a deductible.
Comprehensive
Also optional and subject to a deductible, comprehensive coverage protects against non-collision risks such as theft, fire, vandalism, or weather-related damage. In a city like Toronto, where vehicle theft and vandalism rates are higher than average, comprehensive coverage offers peace of mind that your fleet is protected.
Commercial auto insurance vs. commercial fleet insurance in Toronto
The key difference between commercial auto insurance and commercial fleet insurance comes down to the number of vehicles your Toronto business operates. A commercial auto policy is designed to cover a single business-use vehicle, while a fleet insurance policy provides the same protections but insures five or more vehicles under common ownership in one plan.
Both commercial auto and commercial fleet policies protect vehicles used for business purposes, but fleet insurance offers additional flexibility. In many cases, it can cover multiple types of vehicles – such as delivery vans, service trucks, and company cars – as well as employees with valid driver’s licences, even if your business doesn’t have dedicated drivers. For Toronto companies where staff may share or rotate vehicles, a fleet policy can simplify coverage and reduce costs.
Continue reading to learn more about fleet insurance in Toronto.
How commercial fleet insurance safeguards your Toronto operations
What does fleet insurance cover in Toronto?
Fleet insurance – also known as business fleet insurance, motor fleet insurance, or fleet auto insurance – protects your vehicles against third-party bodily injury or property damage claims, as well as risks such as theft, vandalism, or collisions.
One of the biggest advantages of a fleet policy is its flexibility. As your Toronto business grows, you can easily add or remove vehicles and adjust coverage limits with a quick call to your broker, ensuring your protection always keeps pace with your operations.
It’s important to note that in Ontario, commercial vehicle insurance requirements differ from personal auto policies. By law, all commercial vehicles operating on public roads in Toronto and across Ontario must be insured. Acera Insurance can help you navigate these regulations to make sure your business stays compliant while getting the coverage that fits your fleet.
Why businesses in the GTA need Toronto fleet insurance
If your business relies on multiple vehicles to operate in Toronto and the GTA, fleet insurance is the most efficient way to protect them. Unlike a standard commercial auto policy, which covers only one or two vehicles, a fleet insurance policy is designed to insure five or more company-owned vehicles under a single plan. These can include sedans, vans, service trucks, or delivery vehicles.
Examples of Toronto businesses that may benefit from fleet insurance
- Transportation or logistics companies managing larger fleets for regional operations
- Courier and delivery companies with multiple vans operating throughout the GTA
- Construction and trades contractors using trucks to move equipment between job sites
- Service providers like plumbing, HVAC, or electrical companies with several work vehicles
- Retail or wholesale businesses running regular product deliveries around Toronto and beyond
Key benefits of fleet insurance in Toronto
- Cost Savings – Bundling five or more vehicles under one policy often reduces premiums compared to insuring them separately.
- Administrative Ease – One renewal date, one set of documents, and one point of contact make managing your insurance much simpler.
- Flexibility for Growing Fleets – Easily add or remove vehicles as your Toronto business expands, without the hassle of starting new policies.
- Comprehensive Protection – Covers a wide range of vehicles (cars, vans, trucks) and protects against third-party liability, collisions, theft, and vandalism.
- Employee Coverage – Many fleet policies extend to any licensed employee driving your company vehicles, ideal for businesses with rotating drivers.
- Customizable Coverage – Tailored limits and options let you build a policy that matches your business operations — whether you run a delivery service downtown, a trade fleet across the GTA, or a logistics operation serving Ontario.
- Better Risk Management – Brokers can help analyze fleet data, driving habits, and claims history to lower risks and keep premiums competitive.
Why choose Acera Insurance for Toronto commercial auto coverage?
With decades of experience supporting Canadian businesses, Acera Insurance provides Toronto companies with the expertise and advocacy they need to navigate commercial auto and fleet insurance with confidence.
Annual Fleet & Garage Policy Review for Toronto Businesses
At every renewal, our Toronto-based insurance advisors conduct a comprehensive review of your commercial vehicles, usage, classifications, and coverage. This proactive approach ensures your business maintains the right protection while securing the most competitive fleet and garage insurance rates available in the GTA.
Toronto Fleet & Loss Report Guidance
When your policy is up for renewal, insurers supply a detailed loss report outlining chargeable claims. Our team will review the report with you, explain how it affects your premiums, and recommend strategies or repayment options (if applicable) to reduce costs and strengthen your claims history going forward.
Dedicated Claims Support for Toronto Fleet Clients
Our in-house claims specialists act as your advocate during complex or high-value claims. For Toronto businesses, where downtime can mean lost revenue and customer disruption, we ensure your claim is resolved fairly and efficiently so your operations get back on the road as quickly as possible.
Toronto commercial auto insurance rates explained – and how to start saving today
At Acera Insurance, we help Toronto businesses and commercial drivers understand how their premiums are determined – and what steps they can take to keep costs manageable.
How Toronto commercial auto premiums are calculated
Commercial auto and fleet insurance rates are influenced by several factors, including:
- Number of vehicles insured – Larger fleets may qualify for discounts, but more vehicles also increase total exposure.
- Type of vehicles – Delivery vans, contractor trucks, and heavy-duty vehicles carry different levels of risk.
- Age and condition – Newer, well-maintained vehicles may help reduce premiums compared to older models.
- Drivers – The driving records, experience, and licensing of your employees play a major role in pricing.
- Vehicle use – Frequent deliveries downtown, long-haul routes across the GTA, or occasional client visits all affect risk levels.
- Storage location – Where vehicles are kept after hours (e.g., secure garage vs. street parking) impacts rates.
- Coverage limits – Higher liability or physical damage limits provide more protection but cost more.
- Business history & insurance record – Established businesses with clean claims histories are often rewarded with better rates.
Keeping commercial auto and fleet insurance competitive and efficient for Toronto businesses
At Acera Insurance, we work with a wide network of Canada’s leading insurers to secure comprehensive, affordable fleet and commercial auto policies. Our Toronto brokers will assess your vehicle mix, usage patterns, and coverage needs, then negotiate on your behalf to ensure you’re getting the best value.
Plus, if you have more than one car, truck or van, insuring multiple vehicles individually can be costly and time-consuming. With fleet insurance, Toronto businesses can bundle five or more company-owned vehicles under one policy, often at a reduced rate. Beyond potential savings, a fleet policy offers the convenience of one renewal date, one set of paperwork, and a single point of contact.
Our brokers are here to help with your commercial auto insurance in Toronto
Why work with a commercial auto insurance broker in Toronto? Businesses across the GTA depend on their vehicles every day – from deliveries and service calls to transporting equipment. Without the right protection, a single accident or breakdown could mean lost revenue, missed clients, and significant financial strain. A properly tailored fleet or commercial auto policy helps safeguard your operations from those risks.
At Acera Insurance, our Toronto brokers go beyond one-size-fits-all solutions. We take the time to understand your vehicles, your routes, and your business model so we can design coverage that fits. Whether you operate five delivery vans in Scarborough, a dozen contractor trucks in Mississauga, or a growing service fleet downtown, we’ll build a policy that protects your vehicles and your bottom line.
Protecting your assets is essential – and Acera Insurance is here to help. Contact one of our Toronto commercial auto brokers today to customize a policy that keeps your business moving forward with confidence.
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