New Car Replacement Insurance
What Is New Car Replacement Insurance?
If you only have collision/comprehensive insurance your primary insurance settlement will be for the depreciated value of your vehicle.
If you purchased a Vehicle Replacement Insurance policy you would receive the additional funds needed to buy a brand new vehicle — up to a $60,000 insurance benefit! Vehicles registered in British Columbia and Alberta that are up to 5 model years old are eligible.
Click on the button below to receive a quote
Why Buy New Vehicle Replacement Insurance?
New Car Replacement Insurance Provides:
Total Loss Protection
Up to $60,000 in loss protection. Coverage for vehicles up to $150,000 MSRP
Deductible Reimbursement
Deductible reimbursement up to $500
Flexible Terms
Choose the coverage term to fit your needs. Brand new vehicles qualify for 7 years
Payment Plans
Finance your policy monthly through your credit card or bank account
Optional Benefits
OEM Parts Coverage
Rental Vehicle Reimbursement
Key Fob Replacement and other available options
With Vehicle Replacement Insurance, you are back into a brand new vehicle — up to a $60,000 benefit! New Vehicle Replacement Insurance is worth it to have on your car, truck, or SUV as it protects you from unexpected financial hardship. The average vehicle depreciates 10-15% per year and a write-off could mean that the difference comes out of your own pocket.
Hands-On Customer Service
Connect With An Obvi Agent In Seconds
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Instant Chat: Live agents standing by to help
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Email us: info@obvi.ca
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Call us: 1-844-712-2054
Customer satisfaction is Obvi’s top priority, so we’ll always be there to help when and how you need us. We’re happy to provide hands-on assistance every step of the way, using whichever communications method above is most convenient for you.