Protects the value of your used vehicle in case of damage or total loss for up to 5 years:
- In the event your car is stolen and not recovered, or is written off in an accident, according to the option you’re eligible for under your insurance policy, you'll get compensation equivalent to:
- the price you paid for your car, increased by an annual percentage; or
- the value of your car at the time of the loss, increased by an annual percentage.
- In the event your car is damaged, the damaged parts will be repaired or replaced with no deduction for depreciation (up to $1,000).