Total Loss Protection

TOTAL LOSS PROTECTION

In the event of a total loss, Honda Plus Gap Protection covers any shortfall between your insurance settlement and what is owed on your lease or loan. If your Honda is ever stolen or declared a total loss after an accident, don’t worry. We’ll make sure you’re never out of pocket and put back behind the wheel of a new vehicle as quickly as possible.

For a few dollars a month, our Gap Program:
•    Could save you up to $30,000 including refinanced liability from previous loans
•    Protects your credit rating
•    Locks in your rate for up to 7 years

Premiums are affordable
•    Your dealership can include the amount in your finance or lease agreement
•    Coverage is available for vehicles worth up to $150,000

Honda Plus Replacement Warranty *
In the event of a total loss, we’ll replace your vehicle with a new one. You can lock in your coverage for up to 7 years with no annual renewal, no annual increases and no chance of cancellation due to driving experience or losses.

Program Benefits:

•    Your new vehicle is replaced with a current model
•    Lock in your rate for up to 7 years
•    Rental vehicle coverage that picks up where your primary insurer leaves off
•    Transferable in the first 3 years
•    Deductible coverage up to $500 for a Total Loss and $250 for a partial loss mitigates the financial impact
from an accident, fire or theft

*Prices vary by make/model/year of vehicle. In the provinces of QC and MB this product is considered Replacement Insurance.