What are the insurance requirements for my leased vehicle?
Your insurance policy must name Canadian Road Management Company as one of the following:
- Loss payee
- Lessor
- Owner
- Named Insured
- Lienholder
- Additional Named Insured
Your insurance policy must include a Permission to Rent or Lease Endorsement. Your insurance coverage must also consist of:
- Third-Party Liability - $1 million minimum
- Collision All Perils and Comprehensive with deductible up to $1,000 at Lincoln Automotive Financial Services
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