Edmonton Insurance Brokers and Consultants
2836 Ellwood Drive Southwest Edmonton, AB, T6X 0A9 Canada
1-800-561-1713
Monarch Insurance Brokers Limited is an Alberta based firm specializing in the arranging and handling of commercial property and casualty insurance affairs on behalf of its many and varied clients throughout Western Canada.
my Driving Discount®
Consumers are used to customizing almost everything in their personal and professional lives, from banking to how they shop. Now, with my Driving Discount®, they can customize their auto premium too!
Available now for personal auto and light commercial customers in Alberta, click here to learn more about the program, and check out our other helpful attachments below.
Contact Monarch Insurance Brokers for more information.
The trucking industry is vital to the Canadian economy and trucking companies need to be protected so that they can continue to deliver the goods our economy depends on.
Our brokerage deals with every trucking insurance company that will get you the best rate and coverage available.
Arranging all of your trucking and cargo insurance needs since 1946.
– Free Quotes
– Friendly and Prompt Service
– Excellent Claims Service
– All Types and Classes
– Discounts and Fleet Rates
– Flexible Deductibles
– In House Financing
Monarch Insurance Brokers Limited
Mike Gerber
780-643-8005
mgerber@monarchins.com
Q: Does my personal insurance cover me for ridesharing?
A: No, personal insurance is not intended to cover any type of business or commercial venture. Specifically with ridesharing there is an exclusion in the standard Alberta SPF 1 that all insurance companies sell that excludes carrying “passengers for compensation”. Anyone that is involved in carrying passengers for compensation needs to add an endorsement to their policy that grants them permission to carry passengers for compensation.
Q: What could happen if I’m involved in a collision and my insurance company is not aware that I am involved in providing ridesharing services?
A: Your insurance company could decline your claim and/or void your policy from inception as if it never existed. If you are carrying a passenger for compensation and they are injured in a collision your insurance may not respond and you could be personally sued for the passenger’s injuries.
Q: Is there a policy available to cover me for ridesharing?
A: Yes, there is a policy you can purchase now that will give you permission to carry passengers for compensation available via the Facility Association. There are other insurance companies working on products as well that are not available yet that will be designed for ridesharing and will come with a more affordable premium.
Contact us at Monarch Insurance Brokers to learn more about this and other types of insurance and get a free consultation and quote:
monarch@monarchins.com
Phone: 780-422-0568
Learn more about us Monarch Insurance Brokers.
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