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.
• 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.