The landscape of GAP coverage in Canada is evolving, and the industry needs to evolve alongside it. The severity of the risk and the frequency of total losses are increasing, and premiums need to be calculated differently in order to remain effective. Get more expert insight from our Founder & Executive Chairman, Vincent Beretta.
Did you know that a car is stolen every 3½ minutes in Canada? It’s been reported that there is an average of 160,000 road accidents across the country each year. WALKAWAY Total Loss Protection™ is designed to help protect Canadian consumers in the event of a total loss scenario.
WALKAWAY Finance Protection™ is a unique product that provides consumers with the financial flexibility they need when an unexpected life event occurs. It offers consumers a cost-effective way of structuring their automotive lease or finance contract so they have flexible options in a time of need
If your vehicle is stolen or damaged beyond repair, your primary auto insurer may choose to write your vehicle off and pay you an amount equal to the market value of your vehicle. In some cases, this payout won’t be enough to cover the balance of what you still owe on your auto loan or lease. This is where WALKAWAY Total Loss Protection™ can help.