You’ll probably appreciate new car replacement insurance if your car is totaled, but in most cases the extra coverage comes at a price.
Learn about new car replacement insurance, how it works, and whether it's a worthwhile investment for your new vehicle. Compare costs and benefits to make an informed decision.
If you total your new car in the first five years, Premier New Car Replacement® insurance coverage pays to replace it with a brand-new car of the same make and model.
When you buy a brand new car, standard insurance coverages might not offer sufficient protection. Learn about three important coverages for your new car.
Is new car replacement insurance worth the investment? Learn more about this type of policy, which providers offer it and whether it’s a good option for you.
A vehicle’s depreciation in value can come back to bite if you get into an accident shortly after you purchase the car. Your car insurance company may put a value on your car that’s less than the purchase price because of depreciation—and your claim check may not be enough to cover your car loan. That means you get stuck paying the difference to your lender. There is a solution that can help in this case: new car replacement insurance. New car replacement insurance gives you money for a br...
Infographic designed to show customers how new car replacement coverage can provide maximum protection.
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The global new car replacement insurance market size was valued at USD 3.5 billion in 2023 and is projected to reach USD 7.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.5%...
New car replacement insurance can be a valuable asset if your new car is damaged in an accident. Learn how this insurance works and why it matters.