Commercial Insurance

HED Insurance and Risk Services, in partnership with the CRA, is proud to be the endorsed provider of a specialized insurance program with risk management services for CRA members across Canada. For over 25 years, HED has specialized in helping Canadian associations, buying groups, and independent businesses save money while providing the right level of coverage through a specialized group insurance program. We are here to help you with your insurance needs.

Our Guarantee to You

• We will understand your business and the risks you face.
• In conjunction with the CRA, we have created a specialized insurance program for Canada's rental dealers.
• We will work with you to determine the “right” level of coverage to meet your particular needs.
• We will provide consistent and ongoing Canada-wide sales and service support for your insurance needs.
• As a participant in the CRA insurance program, you have the benefit of strength in numbers with preferred group rates.
• The CRA insurance program will provide each member with immediate premium savings and long-term rate stability.
• The program will provide an opportunity for rebates paid directly to participating members.
• All participating members under the program will have an HED representative review current coverage limits, including building evaluations, and provide coverage recommendations.

Features & Benefits

• Immediate Savings – Minimum 10% reduction off your current policy premium.
• Long Term Rate Stability – Members' future premiums are based upon program claims, not on insurance market savings.
• Ownership of Premiums – 43% of premiums owned by participating CRA members; fund pays defined portion of claims; any balance after claims of each year’s fund belongs to insured members.
• Proven Structure – Protected self-insurance structure same as for the Alberta Hotel and Lodging Association, Sobeys and the Association of Manitoba Municipalities.
• Complete Insurance Protection – Insurer pays all claims over the annual deductible fund; no deficit or retroactive assessment can occur in this self-insurance fund.
• Administration – Underwritten by ING Novex; ING is Canada’s largest insurer; risk management, loss prevention and building evaluation service; consistent claims handlers with control adjusters and lawyers under HED’s direction on CRA’s behalf.