Vehicle Replacement

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.