Trailer Used for Storage and/or Office on a Construction Site
Insurance companies may underwrite risks differently from one to the other. For example, if your insurance company offers to add this trailer onto your commercial contractor’s equipment insurance policy versus making it part of the automobile insurance policy, this may limit coverage in some situations when you want to move the trailer.
In that case, if you move your trailer by attaching it to an insured vehicle—that you own or not—, this trailer doesn’t have proper liability coverage if it causes damage to others. For example, if it gets detached from the vehicle and collides with another vehicle or someone’s property.
Unless the said trailer is covered by an automobile insurance policy that mentions “for professional activities”, damage to the trailer itself is not covered, neither is damage to others when the trailer is hitched to a vehicle. Any trailer, whether used for storage or construction site office, should be covered by your commercial automobile insurance policy to ensure broader coverage. Call us to discuss!
Equipment and Attached Accessories
Any and all equipment or accessories purchased or installed on your commercial vehicle must be reported to your insurance company along with the purchase and installation invoice if possible. In the event of an insured claim, having declared the value of these items, you will be properly indemnified.
Some examples: snow plow, fixed storage system in a van, alarm system, exterior ladder rack, crane, lift-bucket (cherry picker) or any other type of equipment used for the transport of products or persons, and related or not to your professional activities.
Never Admit Responsibility
It is very important to advise your employees and drivers never to admit responsibility following an accident. Laws regulating liability differ from one province to another. Admitting responsibility could compromise the work of your insurer when representing you in the event of litigation.
Also, make sure your employees know what information to gather in the event of an incident or accident. Our specialized brokers can provide you with a document for that purpose. It will serve as a checklist for a driver in such a situation. This is an important risk management tool.