Protection of vehicle floorplans and fleets against hail

The need to address the problem of mounting hail-related insurance claims in Canada could not be more pressing, as the industry will surely see more hail damage in Canada going forward. This, not necessarily because of any projected increase in frequency of hail, but due to increased concentration of values and growing costs of replacing damaged property. Hail is a large driver of loss and damage to vehicles. Insurers of auto dealerships, rental car operations and/or companies with large maintenance and/or service fleets need to consider not only the physical damage that can occur to large quantities of vehicles due to hail, but also must take into account the potential for large business interruption claims due to loss of use.