What is New Car Replacement™?
If your totaled car is under one year old and has less than 15,000 miles, New Car Replacement coverage will provide you with the money for a brand new car, not just the depreciated value of your old car.
Customized insurance that protects your new car investment
Who’s it right for?New Car Replacement coverage is recommended for customers insuring vehicles that are:
- Less than one year old
- Have less than 15,000 miles
- Not a lease (includes motorcycles)
What are the benefits?Protect your recent vehicle purchase through the first year of ownership.
- Get money for a replacement car that's the same model year as your totaled car.
- Don’t worry about replacing your totaled car with an older model of lesser value.
- Avoid the financial loss associated with owing more money on your car than it is worth.