Canal Insurance Company

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400 E Stone Ave

Greenville, SC 29601

+1 (800) 452-6911

https://canalinsurance.com

William R. Timmons founded Canal Insurance Company in 1939 to insure automobiles financed by Canal s banking parent. In 1942, the company acquired an inactive insurer and began to underwrite commercial trucking operations. Today, commercial trucking accounts for approximately 85 percent of Canal Insurance s written premiums. The company was originally licensed in one state with $17.5 thousand in surplus. Now Canal Insurance is licensed in 46 states and has more in excess of $400 million in policyholder surplus. The company has an A+ rating from A.M. Best Rating Center and has been cited among the top 50 property and casualty insurance companies by Ward Financial Group for more than 10 years.

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Reviews

1.021 reviews

L W.

4/7/2019

They are a great company to work with . If you need Insurance they are the company to use for sure. I would definitely recommend them to anyone .

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Torqworks ..

8/4/2025

I would urge everyone to think long and hard before signing up with Canal Insurance. No insurance is set up for you, they are for themselves and their business model. They are a risk and financial...

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Alejandro H.

7/23/2024

still waiting on response for insurance claim months ago. Trailer is just sitting in the shop And I'm losing money. i do not recommend this company at all.

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Willie P.

4/8/2024

This company had signed me up without my permission and took 1250! They sent me a cancellation notice 3 days later .they sent me a email to cancel and charged me 1100 .they said I will get a...

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Udo B.

4/16/2024

Big mistake to get this insurance! if you don't drive, it's ok for basic insurance, but if you drive to make money, it's extremely expensive! You work basically to pay the insurance. One payment...

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