Customize my Policy

(for an additional premium)

In addition to the core Total Loss Benefit, you have the ability to choose from a variety of unique, optional coverages that can further protect your vehicle and more!

Partial Loss OEM Benefit (New Vehicles Only)

If your vehicle can be repaired and accident damages are covered by your primary auto insurance policy, Optiom Prime will pay for specified new O.E.M. genuine replacement parts.

Benefit Limits:

  • Up to $10,000 per year in parts & up to $1,000 per year in labour
  • Up to 60 months coverage
  • Unlimited number of benefits requests

Vehicle Value Appreciation Benefit (Used Vehicles Only)

Optiom Prime will escalate your vehicle’s value by 5% per year in the event of a total loss.

Benefit Limits:

  • Subject to the Total Loss Benefit limits for Used Vehicles

Partial Loss Deductible Reimbursement Benefit

If you should have to pay a deductible on your primary auto insurance policy, Optiom Prime will reimburse you in the event of a repairable loss.

Benefit Limit:

  • Up to $500 if your vehicle is repairable
  • Unlimited number of benefits requests

Rental Vehicle Reimbursement Benefit

Should the rental vehicle coverage provided by your primary auto insurance policy end before your vehicle is repaired or replaced, Optiom Prime will reimburse the continuing rental vehicle cost until the repairs or replacement are completed

Benefit Limits:

  • Up to a maximum of $1,500 per year
  • Unlimited number of benefits requests

Key Fob Reimbursement Benefit

If you should lose your vehicle’s key fob, Optiom Prime will reimburse you the cost to replace it.

Benefit Limits:

  • Up to $500 if your vehicle’s keys are lost or stolen
  • One-time benefit request

Diminished Vehicle Value Benefit

If you should suffer a no-fault accident, Optiom Prime will pay a fixed amount if repairs exceed more than 25% of the declared value of the vehicle at the time of the accident.

Benefit Limits:

  • One-time benefit request
  • Vehicle’s value at policy inception determines fixed payout amount:
Guaranteed payout - Vehicle Value