Did you know that your vehicle's value is depreciating at the incredible rate of 18 %* per year? Put a stop to this loss with the brand new Protected Value Warranty **, offered exclusively to auto insurance policyholders of Intact Insurance (previously known as ING Insurance). The Protected Value Warranty is a new solution that Intact Insurance has negotiated for you with the Wellington Warranty Company Inc., member of the ING family in Canada.
This essential addition to your automobile insurance protects the value of your vehicle. In case of a total loss, an additional amount, over and above the compensation offered by your insurance company will be provided for the purchase price of the replacement vehicle of your choice. This additional amount will help offset the depreciation of the vehicle from the purchase date of the Warranty up to the time of the total loss.
More attractive than dealer replacement warranties, the Protected Value Warranty is offered at a price adapted to the type and age of your vehicle. Furthermore, it may be bought at any time **, applies to most models of new and used vehicles ** and is often less costly than dealer replacement warranties.
In the case of a total loss, you are entirely free to choose for your replacement vehicle the make and the model of your choice, in addition to the car retailer or dealer of your choice.
* Average rate established by Intact insurance.
** Certain conditions apply.