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Optional new vehicle coverage

Page summary
You need the best protection for a new car. We offer three types of optional coverage which you can buy directly from your Autoplan broker.
  • New Vehicle Replacement Plus
  • Replacement Cost
  • Limited Depreciation

What is included — compare coverage

The table below lists the features of each type of the three coverages and what protection you get with each one.

Vehicle types is yours eligible? New Vehicle Replacement Plus Replacement Cost coverage Limited Depreciation coverage
Brand new Yes Yes Yes
Used   Yes Yes
Model years 1 1, 2 and 3 1, 2 and 3
What you get if your vehicle is a write-off      
Deductible refunded Yes    
Compensation for inflation Yes Yes  
Compensation for depreciation Yes Yes Yes - Does not apply to tires, batteries, convertible tops and vehicle paint
Repair costs — When we’ll pay to replace your vehicle 50% — When the cost to repair is more than 50% of its value 75-90% — When the cost to repair is between 75 and 90% of its value 75-90% — When the cost to repair is between 75 and 90% of its value
Different settlements — choose what you’d prefer:
  • replace your vehicle with the most current make and model
  • choose another model that costs the same amount
  • opt for a cash payout
Yes Yes  
What you get if your vehicle can be repaired      
Unlimited parts from your vehicle manufacturer (when available) Yes Yes  
Choose the body shop you want Yes Yes Yes
ICBC c.a.r. shop repairs — with full guarantee Yes Yes Yes

 

Contact your Autoplan broker if you have any questions regarding