Commercial Auto Insurance
Ensure your vehicles are protected while your business is on the move. Commercial auto insurance helps safeguard your company vehicles from unexpected risks
What Does Commercial Auto Insurance Cover?
Any business that owns, leases, or uses vehicles for work such as contractors, delivery services, or sales teams typically require additional coverage.
Using personal plates for business purposes may leave you underinsured or result in denied coverage.
A basic breakdown of basic plate coverage versus commercial auto policy coverage:
| Coverage | Basic Plate Coverage | Commercial Auto Policy Coverage |
|---|---|---|
| 3rd-party liability | $200,000 | Options: $1M or $2M (higher limits available upon request) |
| Damage to your licensed vehicle | You pay first $700–$15,000 (commercial vehicles) or $700 (personal vehicles) | Deductible options vary from $100–$15,000 depending on commercial plate |
| Damage to unlicensed vehicles | Not available | Deductible options starting at $100 |
| Damage to vehicles you don’t own (non-owned) | Not available | Various coverage options available upon request |
| Family security | Not available | Matches 3rd-party liability option up to $2M |
| Loss of use of your vehicle | Not available | Passenger vehicles (≤1 ton): $1,000, $2,000, $3,000, $4,000, or $8,000 Heavy trucks, power units, trailers (>1 ton): $2,000, $3,000, $4,000, $8,000, or $12,000 |
| Replacement or repair cost | Not available | Protects new SUVs, vans, and trucks (≤1 ton) from depreciation for first 60 months (restrictions apply) |
| Road hazard glass | Deductible $700–$2,500 depending on licence class | Options to reduce deductible: $100, $200, $350, or $500 |
Extender Coverage
Purchased through SGI Canada or an insurance broker, this adds much more protection to your RV. It can include:
- Higher liability limits (e.g. $1–2 million)
- Comprehensive coverage (fire, theft, hail, rodent damage, etc.)
- Collision coverage (even if you're at fault)
- Storage protection (covers the RV when parked/unlicensed)
- Coverage for personal belongings inside the RV
- Roadside assistance or loss-of-use coverage
Click above to get started with your auto insurance by visiting our MySGI online portal.
Contact us or stop by the office with any questions or further information on auto insurance.
- 1-411 Confederation Dr
- Saskatoon, SK, S7L 5C3
Commercial Auto Insurance FAQs
Should I buy a commercial auto policy?
Many businesses find the basic plate coverage is often not enough for commercial risks. Commercial auto policies can:
- Increase liability limits.
- Lower deductibles.
- Add coverage for loss of use (rental while your vehicle is being repaired), family security (uninsured motorists), and replacement cost for new vehicles.
What types of vehicles can be insured under commercial auto in Saskatchewan?
Any vehicle used for business purposes, such as:
- Service trucks and vans
- Delivery vehicles
- Company cars for sales staff
- Heavy trucks and trailers
Does personal auto insurance cover commercial use?
Personal plates typically exclude coverage while using a vehicle for commercial purposes. If employees use their own vehicles for work, you may need non-owned auto coverage under your commercial policy.
Are there discounts for commercial vehicles?
Yes. SGI’s Business Recognition program rewards businesses that have good claims history with up to 15% discounts on their basic vehicle insurance.