CAR REPLACEMENT INSURANCE

We have affordable car replacement insurance through Optiom Insurance that helps you get back on the road when your vehicle is written off.

A total loss can happen to anyone at any time

• Jack hit a moose in his brand-new truck while on his way to work
• Andy’s ten-year-old SUV gets crushed by a tree in a wind storm
• Megan’s electric vehicle gets hit in a parking lot while she’s shopping in the mall
• Sarah’s four-year-old car is stolen out of her driveway

In all of the above situations, each person was underinsured! Everyone only received the depreciated amount their vehicle was worth from their primary insurer. In most cases, this wasn’t even enough to cover the outstanding loan owed on their vehicle, leaving some unable to afford to purchase a replacement vehicle.

However, if each of these individuals had purchased Optiom, they could have been protected. Whether they were at fault or not, Optiom could have contributed towards purchasing a brand-new replacement vehicle!

How Optiom covers you after a total loss

• Optiom helps to alleviate the financial burden you may face when having to replace your vehicle in the event of a total loss
• All qualified drivers, regardless of driving experience, claims history, or new to Canada, are eligible for Optiom’s coverage
• Offering up to 7 years of coverage, most vehicles are eligible provided they are ten years old or newer
• Coverage can be maintained if you relocate to anywhere in Canada (except Quebec)