North Point Auto Sales
  • Address

    102 Apex St, Saskatoon, SK , S7R 1C8

Companion Asset Protection

Overview

Companion Asset Protection provides financial security in the event of an accident, fire, or theft by covering the gap between the vehicle’s value and the outstanding loan amount or offering a replacement vehicle.

Coverage Includes

  • GAP Benefit: Covers the difference between the outstanding loan amount and the amount paid by the standard insurance policy.
  • Replacement Vehicle Benefit: Provides a replacement vehicle similar to the lost one and covers the deductible up to $500.

Key Benefits

  • Duration: Coverage for up to 7 years.
  • Financial Savings: Potential savings of up to $60,000.
  • Flexibility: Active regardless of driving experience or prior losses.
  • Additional Protection: Includes rental benefits and deductible coverage up to $250.

Applicability

  • Available for various vehicles including autos, recreational vehicles, trailers, SUVs, trucks, ATVs, motorbikes, marine vehicles, side-by-sides, scooters, personal watercraft, golf carts, and mobility scooters.

For more detailed information on the coverage, please refer to the Companion Asset Protection PDF.