Car Replacement Assistance
An optional feature that pays an additional 20% of Actual Cash Value in the event of a total loss. Car Replacement Assistance is different than GAP coverage and is not determined based on your loan balance. Payment will be issued directly to you, if there is still a loan outstanding it will be your responsibility to satisfy the lienholder.
This feature is only available for private passenger vehicles such as cars, trucks, SUVs or vans that currently carry both Comprehensive and Collision coverage. It's not available for leased vehicles.
Example:
Your vehicle total loss value is determined to be $20,000. Car Replacement Assistance will add an additional 20% or $4,000 for a total claim payout of $24,000.