New Car Replacement

Pays for a brand-new equivalent car (not the depreciated value) if your nearly-new one is totaled. Beats standard ACV.

This is a friendly general explanation, not legal or policy language. Exact coverage depends on your policy, carrier, and state. 🤝

Written and reviewed by the We Insure Things team — licensed independent insurance agents. Last reviewed July 23, 2026. Questions? Ask a licensed agent.