Let’s face it, deductibles are not cheap. If you’re in an accident in your truck, you might find yourself stuck with a deductible payment even if you weren’t at fault (like in Ontario and other no-fault jurisdictions).

• Tractor, Trailer, and Cargo Coverage

• Driver-Only Policies for Alberta

• Covers At-Fault and No-Fault Accidents

• Tax-Free Lump Sum Payment of Benefits

• Third-Party Liability Coverage

• Includes Driver Injury Protection

Accident (At Fault)

Coverage: The tractor, trailer and cargo in the event of loss or damage due to an at fault collision, fire, theft or vandalism.

Example: You roll into a ditch and cause $18,000 damage. If your deductible is $5,000 with a buydown to $1,000.

NAL Buydown pays $4,000.

Primary pays $13,000.

You pay $1,000.

Direct Compensation (No Fault) Property Damage

Coverage: The tractor, trailer and cargo in the event of loss or damage due to a collision (not at fault) in a “no fault” jurisdiction like Ontario or Michigan.

Example: You collide with a deer on the 401 and cause $14,500 damage. If your deductible is $5,000 with a buydown to $1,000.

NAL Buydown pays $4,000.

Primary pays $9,500.

You pay $1,000.

3rd Party (At Fault) Property Damage

Coverage: Property and vehicles of other third parties in the event of an at fault loss or damage.

Example: You back into another person’s vehicle in a loading dock and cause $11,000 damage. If your deductible is $5,000 with a buydown to $1,000.

NAL Buydown pays $4,000.

Primary pays $6,000.

You pay $1,000.

Let NAL’s Deductible Buydown coverage ease your financial stress in the event of an accident!

Our Partners

*British Columbia (BC) – NAL Insurance is only Life Licensed in the province of BC and not all products are available in this province. Any general insurance products are only available directly through one of our licensed partnered agencies located in BC. If your located in BC, please call 1-800-265-1657 and we will forward you to one of our partnered agencies.