BRAMPTON, Ont. — Canadian fleets and owner-operators are facing higher truck insurance premiums as insurers re-evaluate the risks they’re willing to cover. Aggregate haulers are facing some of the biggest struggles.
TORONTO, Ont. — Water isn’t kind to electronics or brakes or air systems or engines. The last thing short of a fire you could want to happen to your truck is to have it submerged in flood. Actually, a fire might be preferable — the damage is obvious, and you’ll get less argument from the insurance company about replacing it.