AIG will work with you to determine the value of your vehicle(s). If a total loss occurs, you’ll receive that agreed-upon amount, regardless of market depreciation. (1)
Most auto insurance policies limit coverage to accidents that happen in the US and its territories. With us, you’re protected no matter where your travels take you. (2)
New vehicle replacement
If a new vehicle (3) is “totaled” within three years of its purchase, you can opt to receive the agreed value; replace it with a vehicle of the same year, make and model; or receive a new vehicle of the same make and like model—including hybrids or alternate fuel editions.
Waiver of deductible
If your car is damaged beyond repair, your deductible will be waived.
You can be reimbursed, with no per-day limit, for the costs to rent a vehicle while yours is being repaired. You have the option to rent a car of comparable value as well. (4)
Emergency living expenses
If your car breaks down or you’re in an accident far from home, you can be reimbursed for lodging and related expenses.
Original manufacturers’ parts
If repairs must be made, only original manufacturers’ parts will be used. (5)
If personal property is either damaged during an accident or stolen from your vehicle, you can replace it with an item of like kind and quality without having to pay a deductible.
If the family dog or cat is injured during an accident, you can be reimbursed for related expenses.
Cash settlement (optional)
If damage to your vehicle equates to more than half of its agreed value, you may not want to keep it—even when repairs are possible. Our cash payout option is offered at a lower threshold than most carriers will allow.
Worldwide (6) rental vehicle coverage
If you’re in an accident while renting a car abroad, we’ll cover costs pertaining to the vehicle’s physical damage as well as any lost income claims filed by the rental company. This means you don’t have to purchase a collision damage waiver.
The small writing (referring to the numbers above):
1. Depreciation is applied to regular use vehicles at renewal. However, depreciation is not applied to collector vehicles at renewal.
2. Restrictions apply. Also, some countries/jurisdictions require the purchase of local coverage.
3. Not previously titled.
4. Up to $12,500.
5. Unless the parts are no longer made; excludes window glass.
6. Coverage outside of the policy territory only applies to autos that are rented by you for no longer than ninety (90) days.