Transportation & Logistics.
No matter what part of the supply chain your business operates in, we can craft a policy for you.
What is Transportation & Logistics Insurance?
Commercial General Liability (CGL) is an insurance coverage that provides financial cover for claims of third-party bodily injury and property damage caused by your business resulting from negligence or unexpected accidents.
In the event your business is sued, CGL insurance typically covers compensatory damages awarded against you and any legal defence costs, regardless of the lawsuit’s outcome.
Why choose Summit?
We help Canadian Business Owners craft the perfect insurance policy for their business.
Our team takes pride in our relentless responsiveness. When you need us, we're here.
We compare rates and coverages across leading insurance companies to ensure you get the best value on your premium.
We craft the perfect insurance policy for your business so you can rest easy knowing you're covered.
Your dedicated account manager is there for you as your business grows ensuring your insurance policy grows with you
The right insurance plan for every business.
Here are a few of the industries we serve.
Don't see yours? We serve all kinds of Canadian businesses. Chat with us.
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Transportation & Logistics FAQs
Business Insurance can be complicated. We're here to help.
Transportation insurance covers the general risk of running a transportation business, protecting against financial losses from vehicle accidents.
While transportation insurance might seem like it's only common in the trucking industry, the fact is all businesses with any type of transportation fleet must have transportation insurance, even when transportation is not the organization’s primary business.
While transportation insurance might seem like it's only common in the trucking industry, the fact is all businesses with any type of transportation fleet must have transportation insurance, even when transportation is not the organization’s primary business.
If you want to work with a commercial insurance brokerage that puts people first and values transparency, sustainability, ownership, and impact, then Summit is the right choice for your business insurance needs.
At Summit, we craft innovative insurance solutions that are custom tailored to your business, giving you the confidence you need to succeed. Our team is dedicated to building trust and creating value through open and honest communication. We are in it for the long haul and strive to make a positive impact in everything we do.
So if you want a business insurance partner that shares your values and is committed to helping you succeed, consider working with Summit.
Liability Coverage
This is an essential form of coverage included in a transportation policy. It protects you and your business against any third parties that you may cause harm to.
Physical Damage Coverage
This type of cover in an integral part of a Transportation policy. and will keep you on the road. It protects you and your business in the event your vehicle is damaged in an accident, stolen or damaged in a fire.
Specialized Coverage
There are also coverages to note that are specific to the trucking industry, these include:
cargo
reefer breakdown
loading & unloading
debris removal
aggregate deductibles
Cargo Coverage for Transportation Businesses
A big part of the transportation and logistics equation is the cargo itself. Accidents can happen that may cause damage to the cargo you are hauling. That’s where a cargo policy comes into play. It ensures that if the cargo is damaged while it is being transported or being loaded or unloaded, coverage will kick in. This ensures that your business will not be financially responsible for the replacement of the cargo.
Business insurance should never be sold solely on price. You are protecting your most important asset. Our mission is to find you the perfect coverage but also find the best priced policy with that coverage.
The exact cost for your insurance policy varies according to factors such as:
Previous losses
Compliance, Safety, Accountability scores
Vehicle maintenance and driver training programs
Where and what you're hauling