Coverage Highlights / Key Features
- Full Vehicle Replacement: Provides a new or equivalent vehicle if yours is written off after an accident or theft.
- Depreciation Coverage: Protects against vehicle value loss, ensuring you receive the full replacement cost.
- Loan Protection: Covers the remaining balance on your car loan if your vehicle is written off or stolen and the insurance payout doesn’t fully pay off the loan.
- Rental Vehicle Reimbursement: Offers temporary transportation while your claim is processed.
- Deductible Reimbursement: Reimburses you for the deductible amount you pay when you make a covered auto insurance claim.
- Key Fab Replacement: Covers the cost to replace or reprogram your vehicle’s key fob if it’s lost, stolen, or damaged.
- Flexible Term Options: Coverage tailored to your lease, financing, or ownership duration.
Why It Matters / Benefits
After an accident, standard auto insurance pays only your vehicle’s depreciated value — often much less than what you paid. Vehicle Replacement Insurance bridges that gap, helping you recover the full value without financial loss.
Who It’s For
- Anyone wanting peace of mind knowing depreciation won’t cost them after a loss
- New vehicle owners wanting to protect their investment
- Drivers with financed or leased cars