Business Types

At The Ostic Group, we offer a wide range of commercial auto insurance policies for different business types. From retail and wholesale delivery to long-haul trucking and fleet ratings, we can help you to develop the best commercial auto insurance program for your business needs.

Read below to learn more about insurance for your business type.

Retail Delivery

Retail delivery is defined as the final shipment of the product to the end user of the product. The delivery often involves a single item on an on-demand basis, and the product being delivered is sold to the end user by the owner of the vehicle making the delivery.

The type of product, the type and size of vehicle used, and the distance traveled will impact the cost and availability of commercial auto insurance for retail delivery. Request a quote from our team today.

Wholesale Delivery

Wholesale delivery is defined as the bulk distribution of product prior to the retail sale or delivery. The delivery schedule usually involves set routes and scheduled times for delivery and the product being delivered is sold to the “wholesaler” by the owner of the vehicle making the delivery.

The type of product, the type and size of vehicle used, and the distance travelled will impact the cost and availability of commercial auto insurance for wholesale delivery. Request a quote from our team today.

Long & Short Haul Trucking

Truckers that deliver goods either on a retail or wholesale basis for others are primarily rated on the basis of the distance and the jurisdiction that they travel to complete their delivery. The type of cargo and vehicle used to transport it are also important factors in determining the availability and cost of insurance.

Long haul trucking out of the province to either the United States or other Canadian provinces will have implications on the availability of commercial auto insurance. Request a quote from our team today.

Fleet Rating

Fleet Rating is another method that can be used to determine the cost of insuring your commercial vehicles. The premium developed will, in most cases, be less expensive than if the insured vehicles were rated on their individual exposure.

In order to qualify for Fleet Rating, a business or individual must have a minimum of five self-propelled vehicles that have common ownership and are used for a business purpose. Motorcycles, ATV’s, or snowmobiles cannot be included in a fleet rating.

Contact our team if you think that you may qualify for a Fleet Rating.

Garage Auto Insurance

Commercial operations including auto sales and repair garages, car parks, car washes, and valet services, among others, should carry a Garage Auto Insurance policy.

This policy protects the owner of the business while they may be operating or in possession of their client’s vehicles, as part of the service provided by
their business. This policy can be extended to provide protection to owned vehicles used in the business such as service vehicles, loaner vehicles, and
vehicles held for sale.

Contact our team if you would like more information on this type of policy.

Specialty Commercial Auto

Commercial auto protection for businesses such as taxi and limousine service, tow truck operators, vehicle daily rental service, or a business that offers long-term leasing of vehicles have unique insurance needs that we can help you to understand.

Contact our team for more information on specialty commercial auto insurance.

Vehicle Use & Purpose

At The Ostic Group, we can insure commercial vehicles for a variety of different uses and purposes. Our team can help develop the best commercial auto insurance program for your business needs.

Read below to find out more about your insurance rating options for commercial vehicles in Ontario.

Artisan Use

Vehicles designated for artisan use will be light weight commercial type automobiles that are not used to pick up and/or deliver materials to a job site. They are used mainly to transport tradesmen and their tools to the job site, and are generally immobile during business hours.

This category does not allow for delivery and limits personal use of the vehicle to 10% of the time it is driven. Contact our team to learn more about a commercial auto insurance policy for artisan use today.

Commercial Farm Use

Commercial farm rates apply only to vehicles that are used almost exclusively on farm property, with limited public road exposure. There must be no retail or wholesale delivery of produce or animals to market, otherwise regular commercial rates apply (i.e. Market Gardener, Feed Mill, Livestock, etc.).

Farm rates are low in order to reflect the minimal exposure anticipated. They are applicable only where the truck and private passenger automobile are insured in the same company, or where the truck is over 4500 kgs GVW.

Learn more about commercial farm insurance here.

Farm Retail/Wholesale Delivery

Many farmers have seasonal or occasional wholesale or retail delivery needs, which often take place during harvest and planting seasons. Typically, this requires amending the vehicle from a Farm Use rating to a higher cost Wholesale Delivery or Retail Delivery rating, due to the increased exposures.

For more information on the different ratings for farm vehicle insurance, read our Farm Insurance page or contact our team today.

Seasonal Delivery

Seasonal deliveries are deliveries that occur during specific times of the year, according to the nature of the farming operation. Otherwise, vehicles are largely immobile and used exclusively on farm property with limited public road exposure for the rest of the year.

Some of our insurers have developed an alternative to the above rating shift that will allow the involved vehicle to be rated for farm use and have a surcharge applied for the delivery exposure. Contact our team to learn about the Seasonal Delivery rating today.

Gross Vehicle Weight

The Gross Vehicle Weight or (G.V.W) of a vehicle is defined as the curb weight of an automobile plus the maximum load capacity specified on the vehicle ownership as the registered gross weight.

  • Light Weight Vehicles have a G.V.W of 4500 kgs/10,000 lbs or less
  • Heavy Weight Vehicles have a G.V.W exceeding 4500 kgs/10,000 lbs

List Price New

The retail price new including taxes and permanently attached equipment.

Radius & Area of Operation

The radius of operations from the home base of the vehicle and the location(s) in which the vehicle routinely operates will impact the cost of insurance.

Driver Experience

Operator experience with the size and type of vehicle as well as their experience operating the vehicle on its intended use. The conviction and claims record of the operator will also be considered.

Discounts

At The Ostic Group, we offer a number of discounts on commercial auto insurance, including:

  • Multiple policy discounts
  • Multiple vehicle discounts
  • Conviction-free discounts

Your discounts can be maximized by combining all of your insurance needs with one insurance brokerage.

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