ABOUT US: HOW MOTOMAXX WORKS

HOW THE POLICY WORKS

Motomaxx will protect your investment on your NEW or USED Vehicle.

Coverage for up to 8 years (96 months).

Coverage is available on new and used vehicles up to TEN model years and newer.

This plan is 100% insured and fully underwritten by Intact Insurance, the largest insurer in Canada.


THINGS TO CONSIDER

What will my primary insurance pay out?

If I am leasing and have a total loss what happens?

Will I be stuck owing the bank money if my insurance payout doesn't cover the amount I owe on my car loan?


DEDUCTIBLE REIMBURSEMENT

Motomaxx reimburses your Auto insurance deductible every time you make a claim, no limit during policy period!

In event of total loss up to $500 of deductible will be covered.

In event of partial loss I.E. windshield, fender bender, ETC. up to $250 of deductible will be reimbursed with no limit on the frequency of claims.

HOW IT WORKS: NEW VEHICLE

HOW IT WORKS: USED VEHICLE


NEW VEHICLE BENEFITS

When your vehicle is written off by the underlying insurance company: Depreciation kicks in, client receives what the book value is at that time.

Motomaxx Policy pays the diff erence between the depreciated amount received from underlying auto insurance and the purchase price of a new current model year vehicle of similar make and model.


OLDER VEHICLE ELIGIBILITY

Motomax pays the diff erence between the depreciated amount you receive from your underlying auto insurance and the original purchase price Plus 5% per year For each year you have owned the vehicle.


ADDITIONAL BONUSES

New and Used policies will include all sales taxes on the purchase of replacement vehicle.

New Vehicles - covers OEM (Original Equipment from Manufacture) Parts. This means in the first 3 years if you have a partial loss claim the only parts that can be used are brand new parts. If you purchase a New Vehicle Motomaxx will pay the difference between your underline insurance using after market parts and cover the cost difference to use OEM parts!

CONTACT INFO

Head Office

Victoria, British Columbia

Office: 250 391 8809

 

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