Downtime Insurance

All transport companies rely on their trucks as their source of income.

All transport companies rely on their trucks as their source of income. Downtime Insurance for truckers is a type of cover that indemnifies for loss of earnings resulting from inability to operate because of loss or damage to the insured trucks.

Unscheduled downtime is enough of a surprise. The last thing you need to find out that your policy isn’t as comprehensive as you thought .

Truck insurance coverage options

Choice of Indemnity period

30, 60, 90 days

Choice of Waiting Period Excess

7 days, 14 days

Choice of Monthly Benefit

Up to $20,000 per truck

Downtime Insurance is a an optional cover and not a stand alone product. Downtime insurance can only be considered when you're insuring your truck for full comprehensive.

Benefits of downtime insurance

Downtime is designed ​to help transporting businesses stay​ afloat during unpredictable interruptions to the use of their vehicles.​​​​​​

Helps with finance payments on your truck
Assists with insurance premium finance payments
Use money to Hire a rental vehicle - help fulfill trucking contracts
Pay for everyday living expenses

Ready to get your truck insurance quote?

Our brokers can tailor a truck insurance quote to your needs.

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