Preferred pricing from Canal Insurance with dual-camera-system use

user-gravatar Headshot
Updated Apr 17, 2015

DriveCamLytx announced it has signed an agreement with Canal Insurance Company to offer the Lytx DriveCam Program to insureds in exchange for preferred insurance rates. DriveCam is one of a few dual-camera-based driver-coaching systems reported on last year in the Video Witnesses feature series in Overdrive.

Lytx’s DC Enterprise and DC Protect programs, the latter intended for fleets of fewer than 350 power units, will be offered to Canal insureds as CanalRISK360 value-added services through the insurer’s risk management services unit. CanalRISK360, launched earlier this year, is the umbrella term for resources and alliances that Canal uses to proactively engage insureds to help improve safety and reduce operational costs through operations, safety and training evaluation and improvement.

DriveCam joins the Vigillo and iiX companies in Canal’s partnered risk-management services roster.

“We believe that bringing the Lytx DriveCam Program to our insureds’ fleets is another unique and effective solution Canal offers that can assist insureds in improving operations,” said Gary Flaherty, Canal Assistant Vice President, Risk Management Services. “The DriveCam program will be one of the cornerstones of the resources in CanalRISK360 and is essential in our goal to improve driver safety.”

New
Overdrive's Load Profit Analyzer
Know your costs? Compute the potential profit in any truckload, analyze per-day and per-mile breakouts, and compare real offers on multiple loads or game out hypothetical rate/lane scenarios. Enter your trucking business's fixed and variable costs, and load information, to get started.
Try it out!
Attachments Idea Book Cover

Read more about DriveCam and similar programs via this link. The company’s streamlined “DC Protect” program, the company says, enables smaller-fleet operators to manage the riskiest 20 percent of drivers while still protecting all drivers from false claims.

“The program is available to all of our insureds, including small fleets,” Flaherty added. “In theory, the impact of a program such as this will manifest in improved driver performance, decreases in losses and loss costs that ultimately impact premiums.”

Looking for your next job?
Careersingear.com is the go-to platform for the Trucking industry. Don’t just find the job you need; find the job you want with the company that wants you!
The Business Manual for Owner-Operators
Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the Partners in Business book, updated annually.
Download
Partners in Business Issue Cover