Our Products
Don't get caught without replacement.
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Get into protection mode
What happens when you experience a total loss with your vehicle?
With New Vehicle Replacement with mode, we pay the difference between what your underlying insurer pays, and what a new vehicle of similar make and model would cost (MSRP Guaranteed).
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Current, next or preceding model years with less than 30,000 km qualify.
UP TO 7 YEARS OF COVERAGE AVAILABLE
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How does this policy benefit you without having to experience a total loss?
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GENUINE BODY PARTS
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3 Years coverage for current or next model year.
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2 Years coverage for preceding model year.
DEDUCTIBLE REIMBURSEMENT
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Up to $300 Partial Loss - including glass.
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Up to $500 Total Loss.
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No limit on the number of claims during the full term of the policy.
RENTAL COVERAGE EXTENSION
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Rental car expense paid beyond the date of settlement offer.
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Up to $1,000 with a maximum of $75 per day.
Vehicle Replacement Insurance - the accessory you don't want to be caught without!
Get into protection mode
ENHANCED LIMITED DEPRECIATION
What happens when you experience a total loss with your vehicle?
We pay the difference between what your underlying insurer pays and the original purchase price of your vehicle or *CBB Value, plus 5% per year, up to the date of your loss.
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​10 year age limit on used vehicles. Any new vehicle with more than 30,000 km at the time of purchase will qualify.
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UP TO 7 YEARS OF COVERAGE AVAILABLE
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How does this policy benefit you without having to experience a total loss?
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DEDUCTIBLE REIMBURSEMENT
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Up to $300 Partial Loss - including glass.
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Up to $500 Total Loss.
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No limit on the number of claims during the full term of the policy.
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RENTAL COVERAGE EXTENSION
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Rental car expense paid beyond the date of settlement offer.
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Up to $1,000, with a maximum of $75 per day.​​​
* CBB Value - Canadian Black Book Value at the time of policy effective date if this value was used to value your vehicle for the purposes of this policy
But, how does it work
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Original purchase price or CBB Value of Vehicle $25,000
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5% of $25,000 = $1,250 per year increase.
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Example: * 4th Year Total Loss
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Underlying Insurer Payout: $10,000
mode Payout $20,000
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Total Payout: $30,000
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See your policy for more details.
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IT'S JUST THAT SIMPLE
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Get into protection mode
NEW VEHICLE FULL
REPLACEMENT
ANNUAL PLAN
3 YEAR RATE GUARANTEE
With New Vehicle Replacement with mode, we pay the difference between what your underlying insurer pays, and what a new vehicle of similar make and model would cost (MSRP Guaranteed).
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Current, next or preceding model years with less than 30,000 km qualify.
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COVERAGE RENEWABLE FOR UP TO 7 YEARS OF COVERAGE
How does this policy benefit you without having to experience a total loss?
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GENUINE PARTS COVERAGE
Up to 5 years
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DEDUCTIBLE REIMBURSEMENT
$300 - Partial Loss - including glass.
$500 - Total Loss
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RENTAL EXTENSION COVERAGE
Up to $1,000 with maximum of $75/day
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*MSRP: Manufacturer's Suggested Retail Price*
ANNUAL
PROTECTION PLANS
ENHANCED LIMITED DEPRECIATION
ANNUAL PLAN
3 YEAR RATE GUARANTEE
With Used Vehicle Plus, we pay the difference between what your underlying insurer pays and the original purchase price of your vehicle (or the Canadian Black Book Value at the time of policy effective date if this value was used to value your vehicle for the purposes of this policy), plus 5% per year, up to the date of your loss.
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​10 year age limit on used vehicles. Any new vehicle with more than 30,000 km at the time of purchase qualify.
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COVERAGE RENEWABLE FOR UP TO 7 YEARS OF COVERAGE
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How does this policy benefit you without having to experience a total loss?
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DEDUCTIBLE REIMBURSEMENT
$300 - Partial Loss - including glass.
$500 - Total Loss
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RENTAL COVERAGE EXTENSION
Up to $1,000 with maximum of $75/day
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IT'S JUST THAT SIMPLE
See your policy for more details.
Get into protection mode
What happens when you get in a total loss with your vehicle?
Loan Protection + Negative Equity Insurance makes up the difference between what you owe on your vehicle and the vehicle's Actual Cash Value (ACV) in an accident when the car is declared a total loss.
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Why would somebody be interested in purchasing nEQUITY?
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The Loan Protection + Negative Equity insurance is for you if you're in any of these categories:
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With a longer financing term, there will be an extended time before the loan balance and vehicle value are equal.
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If you have existing negative equity and trade in your current vehicle, the negative equity is transferred to your new car loan. This will add to the total value of the new car loan and increase the gap between the value of the vehicle and amount owing on the vehicle.
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If you are buying the vehicle with little, or no down payment.
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If you financed additional warranties and insurance products.
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You plan to drive a lot of kilometres in a small period of time. Higher-than-average kilometres means greater-than-average depreciation​​​.
