Better Car Replacement Insurance

Get a vehicle with the same purchase price as your current vehicle, plus up to an additional 20% after a total loss.

Better than limited depreciation insurance.

We not only cover the value of your vehicle at the time of policy purchase against depreciation, but also add 5% per year to that  value when calculating your claim.

Vehicles 2-8 Years Old

If your vehicle is 2-8 years old, you qualify for Better Car Replacement coverage.

Up to 5 Years of Coverage

Coverage is available for up to 5 years.

Deductible Reimbursement​

We will reimburse your total loss deductible up to a maximum of $500.

Can you afford a total loss?

Traditional auto insurance will only pay the depreciated value of your vehicle after a total loss, even if it wasn’t your fault.

If you financed your vehicle, depreciation could mean that your total loss settlement is less than what’s still owing on your loan. Are you prepared to pay the excess amount owing?

If your vehicle wasn’t financed or if your loan value is less than your total loss settlement you will still only have enough to purchase the exact same vehicle or one of similar value.

A Drivesure Better Car Replacement Insurance policy pays the difference between your depreciated total loss settlement and the original purchase price of your vehicle, plus an additional 5% per year.

Used Car Depreciation Calculator
Current Vehicle Value
Ownership Length Vehicle Value
1 Year
2 Years
3 Years
4 Years
5 Years

Add On Coverage

Add more protection to your Better Car Replacement Insurance policy.

Diminished Value

Get a cheque for the value your vehicle loses after an accident

For Vehicles 1-8 Years Old

Learn More

Plus Package

Reimburses you for deductibles, lost key fobs and more.

For Vehicles 1-8 Years Old

Learn More

Not Your Average Replacement Insurance

We’ve designed our policies to stand out from the competition.

Locked in Premiums

Your Drivesure premium won't increase because of a claim, change in address, or young drivers.

Flexible Terms

Policy terms up to seven years are available for brand new vehicles.

Payment Plans

Finance your policy monthly through your bank account or credit card.

Find a broker near you

Contact one of our Broker partners in British Columbia or Alberta for a quote