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