Limited Depreciation Insurance | Colwoord Insurance Services

Limited Depreciation Insurance

In the event of a total loss, this policy pays the difference between the amount paid by your primary insurer and the original purchase price.

You Purchased A New Vehicle For $31,252

In the event of a total loss, Colwood will pay you the difference between the amount paid by your primary insurer, and the original purchase price, in this case, $31,252.

    $27,814
  • As Soon As You Drive It Off The Lot90%
  • $23,523
  • One Year Later72%
  • $16,867
  • Three Years Later57%
  • $11,629
  • Five Years Later47%

What About Your Specific Case?

Want to see how much your vehicle could depreciate over the years? Let’s calculate your coverage.

Calculate Your Coverage

Take a look at what a Colwood Insurance Policy can do for you. Simply enter in the current value or purchase price of your vehicle and we’ll estimate how much your primary insurer will cover you for, and how Colwood can cover the remainder.

Used Car Depreciation Calculator
Vehicle Age
  • 1 Year
  • 2 Year
  • 3 Year
  • 4 Year
  • 5 Year
Vehicle Value
  • $27000
  • $24300
  • $21870
  • $19683
  • $17714
Primary Insurer Pays
  • $27000
  • $24300
  • $21870
  • $19683
  • $17714
Colwood Payout
  • $6750
  • $9450
  • $11880
  • $14067
  • $16036
Disclaimer: the calculator represents an estimate and not the actual depreciation or payout

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