As we watch this unprecedented situation unfold, rest assured that CADA is working hard to protect your interests.
Providing information is a key support we can provide to our dealer members in this difficult situation.
Visit cada.ca/COVID-19 for resources to help your dealership, such as information bulletins, industry news, FAQ's and more. We are regularly posting new content, so be sure to check back often.
For dealers on our CADA 360 Program;
1) We are implementing an immediate two-month premium relief. Premiums for April and May coverage will be waived.
2) There will be no renewal rate changes until the 2021-2022 policy year. Rates will be frozen and guaranteed until the dealership's next renewal, on or after July 1, 2021.
3) We are expanding our standard provision for extending benefits during a layoff.
Please visit cada.ca/COVID-19 for details.