Help & Support
What does Specified Perils coverage provide me?
This covers loss or damage of your vehicle. It often goes hand in hand with Collision coverage as an alternate to Comprehensive cover, but it can be purchased separately.
Specified Perils covers the cost of damage from:
- Theft or attempted theft
- Rising water
- Riot or civil commotion
- Falling or forced landing of an aircraft (or its parts)
- Damage during transport on land or water (e.g. sinking of a ship, derailment of a train, burning or collision of a truck carrying the vehicle)
Glass breakage and vandalism aren't covered. Comprehensive coverage helps in those cases.
This coverage is optional in most provinces, but if you finance or lease a vehicle, the financial institution may not permit Specified Perils and may insist that Comprehensive cover is required. You should check with your financial institution to determine what is acceptable to them.
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Servus Insurance Services | Home and Auto ("SISHA") is a tradename for belairdirect Agency Inc., used under license, and is not a subsidiary of Servus Credit Union. This is not a solicitation by Servus Credit Union. Home and auto insurance is underwritten by Belair Insurance Company Inc. Services provided by belairdirect Agency Inc. ®belairdirect is a registered trademark of Belair Insurance Company used under licence.