OPCF 43 - Waiver Of Depreciation ... Which insurance offers longest waiver?

adnanakhtar wrote: ↑ Hello,

I am going to be taking delivery of new suv in late 2023 .. doing some research and learned about OPCF 43 - Waiver Of Depreciation.

Question: TD offers 2 years of this option... are there other companies who might offer 3 or even 4 years of OPCF 43 - Waiver Of Depreciation?

Thank you in advance

When I was with TDMM it was 5yrs, but you'd pay a hefty premium for years 4 & 5. Did they recently drop it to two years?

I said two from memory, maybe i am mistaken. I will call them and find out and update this thread

Pretty sure Intact offers it for either 3 or 4 years.

Onlia has 5 years

adnanakhtar wrote: ↑ Hello,

I am going to be taking delivery of new suv in late 2023 .. doing some research and learned about OPCF 43 - Waiver Of Depreciation.

Update: Phoned TD: they said, they used to offer affordable 3 yrs and then 4th and 5th year were more $$$ but still an option but now they ONLY offer 3 yrs option

Question: TD offers 2 years of this option... are there other companies who might offer 3 or even 4 years of OPCF 43 - Waiver Of Depreciation?

Thank you in advance

I'm with CAA and they offered me 5 years of depreciation, although, you pay a bit more every year but it's reasonable.

Cooperators has it for 5 years. I had to go elsewhere though because my bundled home insurance with them was skyrocketing.

W/ TD 5 years but 4/5 were like crazy high. Year 1-3 was reasonable and normal. Only kept it for the 3 yrs anyways.

I've never seen longer than 5 years but perhaps fancy specialty insurers will offer it for a particularly valuable car.

With the recent unusual used vehicle market, have these endorsements been very poor value for people lately? A lot of new vehicles hardly appreciated (or didn't at all) in the past two years.

Intact 48 months, Economical/Definity 60 months, Wawanesa 36 months
I have all these in my office

Intact 48 months

Neezy99 wrote: ↑ Pretty sure Intact offers it for either 3 or 4 years.