Drivesure Insurance Services Canada Ltd.


New Car Replacement Insurance

Get the brand new model of your vehicle and up to $500 of your deductible back after a total loss.

A different kind of New Car Replacement Insurance

We’ve designed our policies to provide more coverage options for longer terms on a wider range of vehicle ages.

Vehicles up to 5 Years Old

Unlike the competition, as long as your vehicle is 5 years old or newer, it qualifies
for Drivesure New Car Replacement Insurance.

Up to 7 Years of Coverage​

Up to 7 years of coverage depending on the age of your vehicle. For example, brand new vehicles qualify for 7 years while 5 year old vehicles would qualify for 3.

Deductible Reimbursement​

If you are charged a deductible by your primary insurer for a total loss, we will reimburse it 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.

A Drivesure New Car Replacement Insurance policy pays the difference between your depreciated total loss settlement and the cost of your vehicle brand new from the current model year.

How will your vehicle depreciate over time?

Vehicle MSRP =

Vehicle AgeVehicle Value
Off the Lot
1 Year Old
2 Years Old
3 Years Old
4 Years Old
5 Years Old
6 Years Old
7 Years Old

Note: Move the slider to choose the MSRP of your vehicle to see how it depreicates over time.


Add more protection to your New Car Replacement Insurance policy with add on coverage’s.


OEM Parts

Repairs your vehicle with Genuine Manufacture's Parts instead of used or after-market parts

Diminished Value

Get a cash settlement to offset the loss in value of your vehicle after a significant accident

Plus Package

Reimburses you for your deductibles, a replacement key fob, and pays for additional rental vehicle time

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.