Challenges of the Grande Prairie Trucking Industry
The trucking industry in Grande Prairie, Alberta, suffers from a number of issues threatening its profitability and functionality, supporting the need for commercial trucking insurance in Grande Prairie. Climate issues are wreaking havoc with the transportation sector, where snow falls on 104.7 days out of the year with aggregate amounts of up to 45 inches. Large amounts of snow can create driving hazards and severely disrupt the supply chain.
Gas prices are another problem with the trucking industry. Gas prices have skyrocketed in Grande Prairie, with the typical cost running about well above the national average. Taxes on fuel are also high, and the lack of a government response to reduce taxes on inflated fuel costs is a controversial issue in the area.
The transportation sector in Grande Prairie also faces a driver shortage. Many drivers are owner-operators, so shrinking profit margins can force some of them out of business. The lack of drivers is disrupting the supply chain, which impacts many aspects of life in Grande Prairie.
Commercial Trucking Insurance in Grande Prairie Keeps Your Business Moving
Whether your role in the transportation industry is selling trucks, driving trucks or managing a fleet of trucks, your job is fraught with risk. We can assist you in mitigating those issues and keeping costs down with risk management solutions, insurance coverage, and employee benefits.
Auto and Truck Dealer Policies
Dealerships have a long list of threats to contend with on a regular basis, including crime, cyber risks, severe weather and the increasing costs of lawsuits and claims.
Bus and Limo Insurance
For bus and limousine owners and drivers, the transportation of passengers from one place to another is only part of the job. Risks involving accidents, cyber breaches and disputes about wages and schedules can create increased vulnerabilities for your business. Our 40 years of relationships with insurance providers in the for-hire transportation industry enable us to advocate for your unique needs in your specific area of Grande Prairie.
Commercial Truck Insurance
Basic commercial trucking insurance in Grande Prairie covers trucks in an accident. We can group other policies together to meet all the needs of your commercial trucking business, including collision and comprehensive coverage to take care of most damages from a variety of perils. Cargo insurance is also available, as are non-trucking liability coverages and occupational accident insurance to protect drivers and property when cargo is not being hauled.
Owner-Operator Truck Insurance
For owner-operators, one serious accident or nuclear lawsuit could put an end to your business if you are not protected with insurance. Our owner-operator policies are custom-tailored to long-haul truckers, independent owners, or those under a motor carrier lease.
Last-Mile Delivery Coverage
Last-mile delivery refers to the movement of goods from a hub or storage facility to their final destination, and this sector has grown dramatically over the last decade. The challenges of protecting the employees, contractors and businesses that operate within the industry are also growing in complexity and importance. Our insurance and risk management solutions can help to reduce liability claims and increase overall profitability.
Moving and Storage Policies
In this sector of the transportation industry, accidents can cripple your business and threaten your bottom line. Our understanding of your needs enables us to protect your clients, property and drivers to ensure the stability of your company.