Canal Truck Renewal/Anniversary Update Form
THIS IS NOT A BINDER THIS IS NOT A BINDER THIS IS NOT A BINDER
REN-101 Page 1 of 2 (Rev. 11-2009)
Insured Legal Name Current Policy Number
Renewal Date Tax Identification Number / Social Security Number DOT Number
Indicate Policy Term and Payment Method
Annual Policy Continuous Until Cancelled Policy (2 month escrow deposit and monthly billing)
Financed through outside Premium Finance Company with full payment to Canal (no double financing permitted – attach contract)
Full Payment to Company Company Payment Plan
Have there been any changes to any of the following?
Yes No Company Name or Insured’s Legal Name Yes No Commodities Transported
Yes No Physical Address or Garaging Location Yes No Maximum Radius Hauled
Yes No Business Class or Operations Yes No Area of Operations
Please explain all “Yes” answers
It is only necessary to complete the following for Cargo and Auto Liability: Canal requires all owned, leased and operated units to be
scheduled when an MCS-90 or filings are issued. Are all owned, leased and operated equipment scheduled on the policy?
Yes No If no, please explain
It is only necessary to complete the following for Auto Liability: Are all drivers scheduled on the policy?
Yes No If no, please explain
If there are any changes from the original application please indicate below. If not, please leave the coverage selections blank.
Coverages Desired:
Auto Liability Auto Physical Damage Motor Truck Cargo Truckers General Liability
Auto Physical Damage Coverage Selection
Deductible Desired Coverage Desired
$500 $1,000 $2,500 $5,000 Collision and Specified Causes of Loss Collision and Comprehensive (where available)
Additional Auto Physical Damage Coverages Desired
Additional Towing Limit $ (in the event of a total loss to the described unit) $2,500 included
Trailer Interchange Limit $ Minus $1,000 Deductible (UIIA container haulers)
Non-Owned Trailer Limit $ Minus $1,000 Deductible (coverage applies only while attached to a scheduled power unit)
Motor Truck Cargo Coverage Selection
Please select the desired form: Standard Preferred
Limit Desire Per Vehicle $ Deductible Desired $500 $1,000 $2,500 $5,000
Units that require specific limits other than above, please indicate below.
Unit No. Desired Limit Unit No. Desired Limit
$ $
Additional Cargo Coverages or Endorsements Desired
Refrigeration Breakdown - $2,500 minimum deductible required Removal of Coinsurance Clause Removal of Commodities Theft
Earned Freight Increase to $ ($1,000 included) Debris Removal Increase to $ ($25,000 included)
Loss Mitigation Increase to $ ($7,500 included) Reusable Packing Container Increase to $ ($5,000 included)
Truckers General Liability Coverage Selection
Desired Limits General Aggregate - please select one $1,000,000 $2,000,000 Each Occurrence $1,000,000 (included)
Employers Liability (Stop Gap) Coverage - Applicable only in ND, OH, WA and WY. Please select either Yes or No.
Yes No $1,000,000 Bodily Injury by Accident - each accident $1,000,000 Bodily Injury by Disease - each employee
$1,000,000 Bodily Injury by Disease - each policy
Please indicate any additional changes not listed above:
Auto Liability Coverage Selection
Combined Single Limit - each accident $
If applying for Hired Auto coverage, please enter the annual estimated cost of hire:
If Non-Owned coverage is desired please enter the number of employees:
Is this a social service agency or charitable organization? Yes No
Canal Truck Renewal/Anniversary Update Form
THIS IS NOT A BINDER THIS IS NOT A BINDER THIS IS NOT A BINDER
REN-101 Page 2 of 2 (Rev. 11-2009)
MVR and Credit Report Acknowledgement
I authorize Canal Insurance Company to obtain a copy of any Motor Vehicle Report for rating/underwriting insurance. I also understand that a routine
inquiry may be made providing information concerning my character, general reputation, personal characteristics and mode of living. Upon written
request, information as to the nature and scope of the report will be provided to me.
Disclosure: In connection with any application for commercial automobile insurance, Canal Insurance Company may review a credit report or obtain or
use a credit-based insurance score based on the information contained in that credit report. We may use a third party in connection with the
development of the insurance score. Your credit report/credit-based insurance score will not be used for any purpose other than the underwriting of your
commercial automobile insurance policy.
Under no circumstances can the credit-based insurance score, the lack thereof, or the refusal to authorize the obtaining of a credit report or a credit-
based insurance score be a factor in determining your eligibility for commercial automobile insurance, including cancellation or nonrenewal.
I authorize Canal Insurance Company to obtain a credit report, including but not limited to a credit-based insurance score based on personal information
provided. This authorization is valid for future reports obtained for renewal policies with Canal Insurance Company.
Acknowledgement and Signature
I hereby represent that the information contained on this form is true and agree that my fraudulent or material misrepresentation, omissions,
concealment of facts or incorrect statements may result in denial of coverage for a loss and may constitute reason for the company to cancel any policy
issued on the basis of the information contained herein.
Signature of Insured
X
Title or Relationship to Insured
Type or Print Insured Name  Date
Signature of AGENT of the Insured
X
In the states of Rhode Island and Nevada, please forward a signed and completed supplemental application if there is liability coverage and a previous
UM/UIM offer was rejected. In Louisiana
: If Bodily Injury limits are changed at any time on an existing policy for any reason, it is required that the
insured be presented with the supplemental application at renewal and be given the opportunity to select or reject limits previously chosen.
Premium Calculations (agent use only)
Coverage Premium Canal Use Only
Auto Liability New Policy Number
Auto Physical Damage
Motor Truck Cargo
Truckers General Liability Deposit or Down Payment Number of Installments Amount Enclosed
TOTAL:
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