Canada is full of many successful farms. These farmers are responsible for feeding hungry consumers across the country. This can be a very rewarding business and it can be profitable too. Sadly, there are many risks. As a farmer, you’re going to face risks every day. You have to remember that you’re going to be transporting livestock at some point. When this happens, you’re going to be worried that your precious cargo is not going to make it to the destination in question. Those rural Canadian roads can be dangerous. And, the highways are even worse. With that being said, you need to take steps to ensure that you’re going to be protected in the event that something goes wrong.
This is why you should acquire the best livestock transport insurance. Our company can help. We offer this type of transporting insurance to protect your livestock from your farm to the destination. Below, you’re going to learn a great deal more about livestock transport insurance and the benefits it can provide to your business.
Insurance Coverage Requirements For Livestock Trailer Operators
Ultimately, you should know that you’re not going to be able to solve the problem by acquiring a simple business insurance plan, to start with, at least. You might be able to protect yourself to some degree but it will not be enough. You need to combine numerous coverage options to ensure that your company is going to be protected thoroughly. You’re already facing problems since you have to buy expensive equipment to get your cargo from point A to point B. On top of that, the driver shortage can cripple your business.
While insurance will not solve all of your problems, it will make a huge difference. You’ve spent a lot of money on your transportation equipment and you’re paying your drives very well. Therefore, you need to protect both to the best of your ability. You can do that easily by acquiring the right insurance with appropriate limits. So, what type of insurance do you need?
Well, you’ll want to start with the basics. This will include commercial automobile coverage, commercial general liability insurance, and property insurance. Don’t stop there. You’ll also want to acquire warehousemen’s legal liability coverage and cargo insurance. Having all of these can ensure that your business is going to be protected no matter what goes wrong.
When Livestock Trailers Insurance Can Be Beneficial For Your Business
Transporting livestock from one location to another can be very dangerous. There are numerous risks that you’re going to face. First and foremost, you have to worry about the risks of the road. Some Canadian roadways are dangerous due to potholes and other problems. Plus, they may have poor lighting and that can make it difficult for your drivers to see at night. On top of that, you have to worry about your precious cargo. During the transportation process, your animals are going to be stressed. This can put them at risk.
It is pertinent to make sure you have insurance to shield from these risks. Your insurance should cover all potential problems and protect your business from the starting point to the finishing point. This is the best way to put your mind at ease and ensure that your company is going to be protected no matter what happens. Below, you’re going to learn about some of the situations when livestock trailer insurance will prove to be helpful for your business.
Automobile Insurance
First and foremost, you cannot ignore your commercial automobile insurance needs. This is going to make a huge difference. Not only is it a necessity under Canadian law, but it is essential for your business. You’ve paid a lot of money for your vehicles and you want them to be protected thoroughly. Remember that your personal auto insurance isn’t going to cut it. Personal auto insurance isn’t going to help in the least. Your drive may find him or herself stuck in heavy traffic. They look down for a brief second and something goes wrong. Your truck rams into the backside of the vehicle directly in front of it.
If this happens, you can take advantage of your automobile insurance to deal with the problem. This insurance is going to offer numerous protections. For instance, it will protect your company from physical damage to your trucks. It will also pay for damages to the other vehicle and bodily injury to the occupants of the other vehicle. As you can see, automobile insurance is not optional. It is required by law and it can provide you with additional peace of mind.
Cargo Insurance
Before going any further, you should acquire cargo insurance. After all, there is a good chance that your livestock is worth more than your trucks. Anything can go wrong and you might experience an animal-related incident. If this happens, you’re going to end up losing the cargo before it arrives at the destination. Therefore, you should make protecting your cargo your number one priority. You can do this by obtaining cargo insurance. The weight of the livestock may result in the truck tipping to the side when it goes around a sharp turn. The livestock might be injured or killed. Or, the animals might escape.
Either way, this is going to be a big loss for your company. Thankfully, you can protect yourself from such problems by acquiring cargo insurance. This insurance can protect you in the event that your livestock is injured. It also offers protection in the event of death or escape. Remember that your vehicle doesn’t have to be moving for this insurance to be active. It can help when the animals are being unloaded and loaded too.
Commercial General Liability Insurance
Finally, you should make sure that your company has a sufficient amount of commercial general liability insurance. Animals are far less predictable than other types of cargo. They’re going to be moving around in the back of the truck so you never know what is going to happen. There is always a chance that your vehicle is going to breakdown. If this happens, the drive may feel the need to check on the animals. They’re going to open the door and a chicken or cow might escape. Now, you’re dealing with an animal on the roadway.
That is a hazard and an accident waiting to happen. Suffice to say, this could result in a vehicle accident. With this in mind, you need to be very cautious. If your animals cause an accident, you’re not going to be protected by the aforementioned insurance. This is where commercial general liability insurance enters the picture. This insurance can also protect your business in the event that a customer gets hurt on your business property.
Commercial Truck Requirements
Ultimately, you need to realize that there are numerous requirements set forth by the Canadian government. If your company does not meet these requirements, you will not be able to transport your livestock legally. You need to make sure that you have the right insurance or you’re going to be breaking the law and that might come back to haunt you in the future. Being able to show proof of insurance and financial responsibility can be tough. Thankfully, you can count on us. ProfessionalsCoverage is here for you. We offer the insurance coverage that you need at the prices that you desire. By working with us, you can rest assured knowing that we’ll ease the burden.
You can get started today by giving us a call. You’ll know that you’re in good hands with us as your primary insurance provider.
Analyzing Your Risks
At the end of the day, every business in Canada is taking a risk. A livestock dealer faces more risks than most businesses. Therefore, you need to be very cautious. You have to take steps to ensure that your business is going to be protected thoroughly. We’re here for you and we’ll guide you every step of the way. We offer comprehensive insurance policies for livestock dealers. You need to make sure that your animals are going to reach their destination. If they do not, you’ll want to ensure that you’re going to be protected from the loss. Otherwise, your business might go belly up.
This is why we offer risks analysis to your customers. We can help you better understand your risks and find solutions to cover these problems. When you’re ready to get started, you should pick up the phone and get in touch with one of our friendly representatives. You can rest assured knowing you’re in good hands.
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