The Need for Transportation Insurance in Wainwright
Wainwright, Alberta, is a small, vibrant Canadian community that is known for its excellent hunting areas. Located at the intersection of Highways 14 and 41, halfway between two of the fastest-growing cities in Canada (Saskatoon and Edmonton), Wainwright's well-developed infrastructure and proximity to thriving markets make it a popular choice for transportation companies. Though well-positioned for success, these companies face a variety of threats that highlight the need for transportation insurance in Wainwright
Challenging Climate
Wainwright's climate presents numerous challenges to the transportation industry. The city experiences snow for more than half the year, from October 12 to April 23. There are usually 80 days of snowfall with an annual accumulation of almost 53.34 centimetres. 31 days out of the year accumulate over an inch of snowfall, with March averaging 5.8 centimetres on the ground. This amount of snow reduces road capacity by 12% and creates driving hazards that can cripple the transportation sector.
Trucking Expenses
Issues with supply chain disruption, rising fuel prices and high fuel taxes have combined to force many small transportation companies and trucking owner-operators out of business. The break-even cost of operating a truck increased from over the last year. Despite Wainwright's prime location for transportation business, the cost to remain competitive and profitable is prohibitive for many companies.
Meet Your Goals With Transportation Insurance in Wainwright
Skyrocketing business costs don't have to mean shuttering your company. Our professionals can assist with risk management solutions and cost-effective programmes for insurance coverage and profit increases. Whether you are an independent owner-operator, a commercial transportation company, a truck driver under contract or any other transportation-related business, we can design an insurance package to protect your person, property and cargo.
Employee Benefits
A competitive employee total compensation package is crucial for attracting and keeping employees, especially in the transportation industry during a driver shortage. We can assist with your long-term strategies by developing an employee benefits package to address the critical issues of today with an eye toward the future.
Liability
Operating a truck involves more risk than just the typical road hazards. A general liability policy will protect against injuries to customers and their property, as well as copyright infringement or other advertising issues. In addition, we can provide liability coverage for the following:
- Blanket lessee
- Non-trucking liability
- Hired and non-owned auto
- Excess and umbrella liability
- Uninsured or underinsured motorist
Motor Truck Cargo
Cargo insurance provides protection on the freight being hauled in case of loss or damage from perils such as collision or fire. Our coverage will take care of wetness, debris removal and pollution cleanup if needed. We can also provide the following:
- Loading and unloading
- Earned freight charges
- Aggregate deductibles
- High-valued commodities
Physical Damage Coverage
This collision coverage will fix or replace damage to your truck. We can offer the following benefits:
- Collision or comprehensive
- Aggregate and combined deductibles
- Gap coverage
- Rental reimbursement and towing coverage
- Personal driver effects
Risk Services
We offer far more value than simply transportation insurance in Wainwright. Our fleet safety and risk management solutions can assist with your overall business strategies to help with profitability and continued growth:
- Human Resources: We can assist with employee screening and fleet safety training
- Process Management: We can help with audit and inspection processes, end-to-end process management (EBE) and best practice assessments (GAP Analysis)
- Claims: We can provide advocacy and claims reporting services