Fixed Indemnity Total Loss Protection
At SlipStream we will cover you above and beyond your actual cash value payout from your underlying insurance provider, in the event of a total loss.
Regardless of your actual cash value payout we will top you up to the policy value you purchased. If you purchased a TLP limit of $10,000 then we write you a cheque for $10,000.
We offer policies ranging from $2,500-$15,000
We cover everything from personal use vehicles, too light commercial vehicles. Including, but not limited too; taxis, Ubers, city deliveries, small busses and construction.
Let us help you insure you get the best value for your vehicle in the event of a total loss. Regardless of its usage.
Vehicle Replacement coverage
At SlipStream we offer new and used vehicle replacement policies. On new vehicles SlipStream will pay you the difference between the depreciated value and the purchase price of the newest year/make/model (or similar make and model).
On a used vehicle SlipStream adds 5% appreciation to the purchase price per year, for each year you have owned the insured vehicle.
New Vehicle example
Used Vehicle example
Additional Products
DEDUCTIBLE REIMBURSEMENT
SlipStream offers UNLIMITED deductible reimbursements. Therefore, in the event of a total loss, up to $500 of your deductible will be covered. And, in the event of a partial loss (ex. windshield, fender bender, etc.), up to $500 of your deductible will be covered. With no limit in frequency of claims!
OEM Parts
A New Vehicle policy covers you for OEM (Original Equipment from Manufacture) Parts. Meaning, if you have a partial loss claim in the first 3 years, the only parts that can be used are brand new parts - no aftermarket pieces.
Extended Rental Coverage
In the event of Total Loss or Partial Loss during which the Insured is deprived of their vehicle for more than 3 days, the Insurer will pay up to the amount of $100/day for a maximum of $1000. Insured is required to have underlying rental vehicle coverage for this coverage to apply.
Contact us
If you are interested in hearing more about our products, contact us today and one of our licensed agents will respond.