Vehicle Replacement Program.
Provides a guarantee that in the event the covered vehicle is stolen, not recovered within 30-days and declared a total loss by the primary insurance carrier, the vehicle owner will receive a brand new vehicle of the then current year.*
*See guarantee for exact details
Limit of Coverage
- The total benefit limit paid during any one consumer incident is up to $20,000
How the Benefit is Determined
- The vehicle owner’s auto insurance policy will only pay for the depreciated value at the time of loss, not the replacement value for a new vehicle
- Vehicle replacement will pay the difference*
*The replacement vehicle for a pre-owned policy will be of a similar age and mileage as the original vehicle purchase.