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Big Rig Insurance in Edmonton AB

Big Rig Insurance in Edmonton

If you are looking for a professional company to provide your big rig insurance in Edmonton, AB, you have come to the right place. The transportation industry is notoriously fast-paced and unforgiving, and one claim could put you in a world of trouble. That’s why you should choose an agency that has deep market research and a thorough understanding of commercial trucking insurance in Alberta. ARC Insurance brokerage provides comprehensive and liability insurance coverage for your commercial vehicles, and can also provide insurance for the premises of your business, as well as tools and equipment.

Commercial truck insurance rates have steadily increased in the past several years, and most trucking companies have cited this as the main reason for their soaring costs. Many motor carriers must purchase liability insurance in addition to other insurance policies such as physical damage and workers compensation, so they purchase umbrella policies to supplement the coverage. One survey conducted by big rig insurance Programs Manager found that average primary insurance rates increased 32 percent in 2017, and 38 percent in 2018, with another increase of 39 percent projected for 2019. Regardless of what your company’s specific situation is, if you’re a business owner, you can’t afford to ignore these rising costs.

Big Rig Insurance in Edmonton AB

Liability insurance is a must for commercial truck owners. This type of insurance covers bodily injury and property damage for other drivers and property. Regardless of who is at fault, liability insurance will cover damage caused by collisions, weather conditions, and more. The minimum liability coverage for cargo is $5K, but individual shippers can require more limits. And don’t forget to check if your insurance company provides physical damage coverage. There are several options available, but they all have different price tags.

Insurance companies in Edmonton offer competitive rates for big rig insurance in Alberta. However, new authorities may be surprised to learn that the first year premiums are much higher than for established authorities. For the first year, authorities can expect to pay between $12,000 and $16,000, but subsequent years can be considerably less. You can also opt for a yearly payment plan for your big rig insurance. You’ll also be able to enjoy significant savings.

Big rig truck insurance companies usually offer twenty-four-hour claim service, although this isn’t universally accepted. Make sure you ask your agent about the hours of service for your insurance company. You also need to know where to find your agent in case of emergency. You can even get a free quote for your big rig truck insurance by visiting SafeLine Truck Insurance. You can also contact the company for a free quote.

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