Have you ever gone on vacation in Florida and rented a car to explore the countryside for an unforgettable experience? With this coverage, you don’t have to take out car insurance from car rental agencies because you’re covered against theft and accidents when driving a rented vehicle.
The same applies for borrowed vehicles—you’re covered!
- You’re finally ready for your trip to Western Canada after months of planning. When you reserve a car online they offer insurance. You decline because you have Q.E.F. 27 with iA Auto and Home.
- Your car is at the shop for an indefinite amount of time and your sister offers you her vehicle in the meantime to help out. You’re in a rush one morning and carelessly rear-end the car in front of you when it suddenly brakes.
This option, included in Automax, covers the cost of repairing or replacing the borrowed or rented vehicle up to a maximum of $75,000.