Coverage



"We've been doing business with Canal for nearly 30 years. Through numerous insurance and economic cycles, they've remained a premier underwriter of specialty transportation insurance. With many recent product enhancements, as well as significant technology platform improvements, Canal is well-positioned to remain a key player in the transportation business for a long time to come."

Peter Dumas
Swett & Crawford

Motor Truck Cargo

icon-pallet-homeBroad Coverage

Cargo is at the center of every trucking operation.  In the event that our Client’s cargo does not make it safely to its intended destination, they need the assurance of a broad policy that covers what lies ahead.  Canal’s recently-updated Cargo policy was a direct response to the needs of the marketplace, and is one of the broadest policies offered.

Preferred and Standard Forms

Canal’s Cargo forms include a Standard version and a Preferred version.

The Preferred Form has been approved by logistics companies and includes the following:

  • No Coinsurance Clause
  • No Commodity Theft Limitation
  • Coverage for Unattached Trailers
  • Coverage for Water Damage/Wetness
  • Coverage for Collision of Load, as well as Loading and Unloading
  • Multi-sectional Mobile Home Coverage
  • Coverage for Reusable Packing Containers – $5,000 included
  • Loss Mitigation – $7,500 included
  • Debris Removal – $25,000 included with increased limits available
  • Earned Freight – $1,000 included with increased limits up to $25,000 available

Broadening Endorsements are available for the Standard Form and include the following:

  • Removal of the Coinsurance Clause
  • Removal of Commodity Theft Limitation