Limited Depreciation Coverage

In the event of a total loss, your coverage pays the difference between the amount paid by your primary insurer and the value it was insured for.

You Purchased A New Vehicle For $31,252

In the event of a total loss, Colwood will pay you the difference between the amount paid by your primary insurer, and the original purchase price, in this case, $31,252.

      $27,814
    • As Soon As You Drive It Off The Lot90%
    • $23,523
    • One Year Later72%
    • $16,867
    • Three Years Later57%
    • $11,629
    • Five Years Later47%

What About Your Specific Case?

Want to see how much your vehicle could depreciate over the years? Let’s calculate your coverage.

Total Loss Coverage

  • In the event of a total loss, your coverage pays the difference between the amount paid by your primary insurer and the value it was insured for.

Deductible Reimbursement

  • Up to $500 for a partial or total loss claim
  • Reimbursement is for the portion of the deductible you are responsible for and which was paid

Calculate Your Coverage

Take a look at what a Limited Depreciation policy can do for you. Simply enter in the current value or purchase price of your vehicle and we’ll estimate how much your primary insurer will cover you for, and how Colwood can cover the remainder.

Limited Depreciation Coverage Calculator
Vehicle Age
  • 1 Year
  • 2 Year
  • 3 Year
  • 4 Year
  • 5 Year
Primary Insurer Pays
  • $34000
  • $28900
  • $24565
  • $20880
  • $17748
Value of Depreciation
  • $6000
  • $5100
  • $4335
  • $3685
  • $3132
Colwood Payout
  • $6000
  • $11100
  • $15435
  • $19120
  • $22252
Disclaimer: the calculator represents an estimate and not the actual depreciation or payout

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