Replacement Cost Insurance
In the event of a total loss, this policy pays the difference between the amount paid by your primary insurer and the suggested manufacturer retail price of a brand new, equivalent model.
You Purchased A New Vehicle For $31,252
Cost to purchase a brand new vehicle of the same make and model in the current year is $35,000 (3 years later)
As Soon As You Drive It Off The Lot90%
One Year Later72%
Three Years Later57%
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.
For New Vehicles
In the event of a total loss, this policy pays the difference between the amount paid by your primary insurer and the suggested manufacturer retail price of a brand new, equivalent model. Coverage is available for up to 5 years, with the option to purchase an additional 1 or 2 years.
Genuine Body Parts
- 3 years coverage for current or next year’s model
- 2 years coverage for preceding year's model
- Up to $500 for both Partial (repairable) or Total Loss claims.
- No limit on the amount of claims during the full term of the policy
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.
- 1 Year
- 2 Year
- 3 Year
- 4 Year
- 5 Year