Deductible Buydown
Deductible Buydown
Reduce what you pay out of pocket when something goes wrong — and keep your operation moving.
Your Deductible Shouldn't Stop Your Trucks
Deductibles on commercial truck insurance can be significant — and in a no-fault province like Ontario, you could be stuck paying yours even when the accident wasn't your fault. Deductible Buydown coverage reduces what you pay out of pocket when something goes wrong, protecting your cash flow and keeping your operation moving.
How It Works
You choose a buydown amount — the deductible level you can comfortably absorb. When an accident occurs, the buydown coverage pays the difference between your standard deductible and your buydown amount.
Example
Your deductible is $5,000. You buy it down to $1,000.
Even if the damage falls below your deductible, you're still protected — you only pay your buydown amount, not the full repair cost.
What's Covered
At-fault collisions
Tractor, trailer and cargo covered for at-fault collision events.
No-fault accidents
Protection in no-fault jurisdictions like Ontario — covered even when it wasn't your fault.
Third-party property damage
Coverage for damage caused to third-party property.
Fire, theft and vandalism
Protection against fire, theft and vandalism to your equipment.
Write-off protection
Lump sum payout if your truck is deemed a total loss or stolen.
Downtime coverage
Reimbursement while your truck is off the road following an accident or major mechanical breakdown.
Towing and road services
Towing and emergency road service costs covered.
Driver injury protection
Coverage for driver injury resulting from a covered incident.
Optional: refrigerated loads & mechanical breakdown
Available add-on coverage for refrigerated cargo and mechanical breakdown events.
Why It Matters
Contact BreMac to find the right deductible buydown structure for your operation.
Keep Your Cash Flow Protected
Don't let a large deductible sideline your trucks or drain your working capital. Contact BreMac today to find the right buydown structure for your operation.
Get a Quote