Automobile Replacement Insurance

New Vehicle Replacement Insurance

  • Entitles you to a new vehicle in case of a total loss or theft.
  • Pays the deductible under your automobile insurance policy.
  • No restrictions based on driver risk.

Used Vehicle Replacement Insurance

  • Protection against depreciation.
  • Pays the deductible under your automobile insurance policy.
  • No mileage restrictions.

Replacement Insurance Learning Center

Replacement Insurance

Frequently Asked Questions

Replacement Insurance

Indemnity Illustrator

SecurPlus Automobile Replacement Value Insurance Peace of Mind

Accidents happen.  But when they happen to our vehicles, they can be very costly to your pocketbook and livelihood.

Whether you own or lease a new vehicle or a used vehicle, an accident, theft or total loss can be financially and emotionally devastating. Even if your automobile insurance covers your loss this may not be enough to get you your new or used vehicle back and you'll end up having to pay out of your pocket to get the car you need and deserve.

Unfortunately, automobile insurance was never designed to replace your vehicle in the case of theft or total loss.  The insurer is only obligated to pay you what they think a fair market price for your vehicle is. With SecurPlus Replacement Insurance™, you get a new replacement car or additional cash to cover the full depreciated value of your car.

You can gain true financial security – and freedom from worry.

Did you know...

If your car is declared a total loss you can lose thousands of dollars due to depreciation?

  • Total Loss

    Total Loss
  • Accident

    Accident
  • Theft

    Theft

Learn How You Can Get Full Replacement Value With Zero Depreciation Protection Now!

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Request a Quote
and Get Full Replacement Value With Zero Depreciation

Contact Your Insurance Broker For More Information or to Request a Quote

Contact Your Insurance Broker For More Information or to Request a Quote
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Vehicle Replacement Insurance - Protect your car and save money

Protecting Yourself with Replacement Value Insurance

Proudly serving Quebec, Canada, SecurPlus offers a different kind of automobile insurance to victims who have lost their vehicles to accident or theft.

Standard automobile insurance only pays you an amount based on the value they believe your car has – which is likely several thousand dollars less than what you paid for the vehicle!  This is because even a new vehicle is subject to depreciation as soon as you take delivery (and don’t forget a used vehicle depreciates, too).

With SecurPlus, you are protected from paying thousands of dollars out of pocket to replace an essential part of your everyday life.  Our replacement value insurance also:             

  • Pays your deductible if you car is declared a total loss BUT also if your vehicle is only partially damaged
  • Pays for the cost of a rental vehicle for up to 30 days if you’re deprived of your vehicle following a partial or total loss or theft
  • Pays the difference between the cost to replace damaged parts by genuine manufacturer’s new parts and the amount covered for replacement parts by your automobile insurance in the case of a partial loss

More importantly, SecurPlus’s replacement value insurance gives you the peace, comfort, and security of knowing you will be covered – no matter how big the loss.

Why Replacement Value Insurance is the Right Choice

Drivers in get into accidents every day.  Sometimes, these accidents only require minor mechanical work, which is normally covered by most automobile insurance.

But when a total loss of vehicule occurs – due to an accident or vehicular theft – things change.  Suddenly, using automobile insurance becomes a lot more difficult. Those who depend on standard insurance to pay for a replacement are often out of luck.

SecurPlus replacement value insurance covers the difference between the low figure your insurer will pay for the current market value of your owned or leased new vehicle or used vehicle and what your vehicle’s true replacement costs will be. It will also pay that pesky deductible even if your accident doesn’t result in a total loss.

Get full value – Get SecurPlus!

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We value and respect your security and privacy. The information entered on this website will not be used to send unsolicited email and will not be sold to a 3rd party.