Can I Register My Truck As A Farm Truck
As a common insurance provider of both farm insurance and auto insurance (in addition to business organisation insurance and home insurance), we often get questions related to subcontract vehicles including when and why to register a vehicle with a subcontract plate.
The WHEN is pretty straight frontward. If you are a farmer with at least $7,000 in annual subcontract income, with a vehicle that weighs more than than 3,000 kg and is used for a farm-related activity then you can register information technology as a farm vehicle. If yous are buying a new vehicle registration is typically handled by the dealership, but if ownership used you need to annals the vehicle inside 6 days at your local Service Ontario Center.
As to WHY you would want to register it every bit a farm vehicle? That is where more of the questions come from and hither are the most common answers:
SAVE MONEY.
The most obvious and popular reason to register a vehicle with subcontract plates is that the annual plate fee is significantly less compared to the commercial fee. For example, the current fee to annals a commercial plate for a vehicle weighing between 3,000 – 3,500 kg is $265.25 compared to merely $157 for a subcontract plate ($108.25 in savings).
Another potential surface area of savings is related to insurance rates. At times farm commercial vehicle insurance rates offer bigger savings compared to subcontract pleasure vehicle insurance rates. Withal, it should be clear that having farm plates does non automatically qualify y'all for farm insurance since they are two different systems and sets of criteria.
If you have any questions please contact us someday and nosotros will be happy to provide more information every bit it relates to your situation.
Driver OPTIONS.
Vehicles weighing more than than 11,000 kg (making them Class D) that are registered with subcontract plates can be operated by drivers with only a K license.
This comes in handy for any operators or farm employees to be able to operate the vehicle without a special license. Learn about the difference between a farm truck and personal truck here.
Notation: if the vehicle has air brakes, the commuter of the vehicle must have an air brake endorsement on their license (Z).
TRANSPORT DANGEROUS Goods.
Whether this sounds like a positive to yous or not on the surface, most farm operators will tell you this is very useful.
If a farm plated vehicle is hauling less then three,300 lbs and travelling less than 100 km for farm-related purposes it becomes except for the documentation, placarding and driver training requirements.
Annotation: unsafe goods that DO Non authorize include explosives, flammable or toxic gases, radioactive material and infectious substances.
Erie Mutual Insurance proudly serves the commercial insurance, farm insurance, home insurance and auto insurance needs of members throughout Southern Ontario including Haldimand, Niagara and Hamilton.
Please don't hesitate to contact us with whatever questions you may have about this or whatever other topic related to your insurance..
Can I Register My Truck As A Farm Truck,
Source: https://www.eriemutual.com/insights/the-benefits-of-farm-plates/
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