Thread by @TraceyKent

Are Freedom Convoy truckers covered? The insurance execs quoted are being overly conservative. If the MTO suspended the driver’s license/plate/CVOR, charged them & seized the vehicles, the truck owners liability coverage would be voided. canadianunderwriter.ca/insurance/are-…

polite business speak. Any/all info given to an insurer that can be verified (or ?) is put in the file. If you see an insured cartage company truck on the news…you take a copy & bring it to an adjuster. They make calls & follow up. Why? Because they’re taking the Risk

And the first exec saying “we don’t cancel liability if someone parks the truck on a street” hahahaha. Yeah, they do if you’re using your truck in an illegal occupation, parked illegally, living out of it & not using it for non-commercial business…
Care Custody Control

In the end, the MTO (or any other provincial transport) has great powers. They can remove plates, suspend the drivers license, pull CVOR, seize the vehicle. If EVER there was the most extreme reaction to take, this occupation is it.

yes, liability insurer will probably still be on hook of third party claims, though it’d go thru Court if the owner/driver been using it for non-commercial/illegal use. The important part is an insurer is not going to want to stay on risk if you have a truck in this occupation

The one thing the article admits:
The adjusters read/analyze all the info that comes in about the Ottawa commercial vehicles. So if you’ve been sending photos/lists to the major commercial carriers? They’re being read & investigated.

Note: The truck itself stays on facility. Where it can run the cost of a rental condo at the Four Seasons

if you’ve been part of this fiasco? You’re never getting your CVOR back, & may as well go into some other business that’s on a bus route

Because right now, all the liability insurance carriers who cover those trucks in the occupation? Their mgmt/directors/lawyers/adjusters/investigators have had many many meetings, where “Oh Fuck!” Is whispered often. The city, residents, businesses would have all valid claims

So legally, yes they’d have to mail out notices to these truck owners/drivers in order to be valid in court. And I guarantee there’s a mad scramble to cover their exposure

So right now the business addresses of each of those commercial vehicle occupiers, has a red hot notification,
Signed, Sealed by registered mail

Ooooh, who knew Commercial Vehicle Insurance could be….

SOOOOO HAWT!
<Meow>