{"id":11306,"date":"2025-01-24T17:19:55","date_gmt":"2025-01-24T17:19:55","guid":{"rendered":"https:\/\/www.acceptanceinsurance.com\/?page_id=11306"},"modified":"2025-01-28T07:21:27","modified_gmt":"2025-01-28T07:21:27","slug":"new-car-replacement","status":"publish","type":"page","link":"https:\/\/www.acceptanceinsurance.com\/our-products\/auto-insurance\/types-of-car-insurance\/new-car-replacement\/","title":{"rendered":"New Car Replacement Insurance"},"content":{"rendered":"
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Protect Your Ride with New Car Replacement Insurance<\/h2>\n
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Protect your investment with New Car Replacement Insurance! If your new vehicle is totaled in a covered accident, standard coverage may only pay for its depreciated value\u2014but with New Car Replacement, you\u2019ll receive enough to replace it with a brand-new car of the same make and model. Don\u2019t let depreciation leave you short; safeguard your ride and drive with confidence knowing you\u2019re covered for the unexpected.<\/p>\n

If you are bringing a new car home, check with your friendly neighborhood Acceptance agent to find out the best and most affordable way to full protect it.<\/p>\n <\/div>\n \n\n

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What Is New Car Replacement Insurance?<\/h2>\n
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New car replacement insurance covers your new car in the event it\u2019s stolen or otherwise considered a total loss, such as from an accident or another covered event like a fire. The policy pays for the replacement of the same make and model of your vehicle as your lost one (or equivalent).<\/p>\n

Once you drive your brand-new vehicle off the lot, it depreciates. Your car may lose as much as 10% of its value \u2014 or more, depending on the car \u2014 after you\u2019ve owned it for just one year. This coverage pays for the cost of buying another new car rather than just paying for your vehicle\u2019s depreciated value.<\/p>\n

This type of auto insurance<\/a> is typically only available for a specific time, and you must purchase it within the first year of your car ownership. Also, it comes in the form of an add-on to your full policy.<\/p>\n <\/div>\n \n\n \n \n \"\"\n

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Car Insurance FAQs<\/h2>\n
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Get answers to the most common insurance questions.<\/p>\n <\/div>\n <\/div>\n <\/a>\n \n\n\n

How Much Does New Car Replacement Insurance Cost?<\/h2>\n
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By adding on this coverage, you can expect your premium to increase anywhere from 5% to 10%, depending on your insurer and the type of car you\u2019re insuring.<\/p>\n

As an example, if your full coverage costs you $2,000 per year, your new car insurance<\/a> will likely increase your yearly premium from about $40 (just over $3 per month) to about $200 (just over $16 a month).<\/p>\n

These few extra dollars each month can add up to substantial savings if your car is ever stolen or totaled due to an accident or other loss. And knowing you\u2019re covered can provide peace of mind, which is priceless.<\/p>\n <\/div>\n \n\n

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Ready to Get a Quick Quote? <\/h2>\n
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