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

Physical Damage

icon-car-homeCanal’s Physical Damage policy is designed to provide the best possible coverage for our Clients.  With this in mind, the following features are standard on all policies:

  • Auto Loan Lease Gap Coverage
  • Combined Deductible when written in conjunction with our Motor Truck Cargo policy

Physical Damage coverage is offered for a variety of business classes and operations.  Coverage is offered as either:

  • Collision, specified causes of loss and combined additional coverage
  • Collision and comprehensive

Policy Customization

Canal’s Physical Damage policies can be customized to meet a Client’s specific needs, including:

  • Variety of deductible options
  • Increased towing limits ($2,500 is included on all policies)
  • Non-Owned Trailer Coverage
  • Trailer Interchange Coverage