There are numerous specialty insurance firms advertising assured value. They guarantee that you will receive the full value of your vehicle in case of loss or accident.
If you read the fine print, it means they will pay you the assured value if it is stolen or totally destroyed. If you go out and bend a couple of fenders, its not the same thing.
In this province we have only one insurance company which is run by the government. In their collector insurance package you can buy assured value but its only for total loss. Many do not know that.
