OPCF 20 Loss of Use Coverage: Everything You Need to Know
Did you know that over 20% of Canadian vehicles involved in accidents are deemed a “total loss,” leaving drivers scrambling for a way to get around? High repair costs and parts shortages in Ontario can stretch out repair times, keeping your car off the road for weeks and even months.
Alternatives such as relying on public transportation, paying for daily rides, or renting a vehicle can leave you in a loop of unexpected expenses that add up fast. This is where OPCF 20 Loss of Use Coverage steps in! This smart insurance coverage covers your transportation costs if your car is out of commission.
In this blog, we will discuss everything about the OPCF Loss of Use Coverage, including how it saves you from expenses and stress, alongside the important role that auto insurance in Ontario plays.
Understanding the Concept of OPCF 20 Loss of Use Coverage
OPCF 20 Loss of Use Coverage is an optional add-on to auto insurance in Ontario that provides financial support for transportation if your vehicle is unusable due to an insured event like an accident or severe damage. OPCF stands for “Ontario Policy Change Form.” It is specifically made to protect auto owners against expenses attached to paused usability in vehicles.
While Ontario law mandates that drivers carry at least basic insurance coverage, the OPCF 20 is not required by law. Instead, it offers drivers a way to customize their policy to better manage the costs of rentals, cabs, and public transit while their car is under repair.
How OPCF 20 Works: Key Details
To be eligible for OPCF 20, your vehicle must be out of use due to a covered event, such as an accident. However, if your car is unavailable due to reasons not covered by your policy, such as routine maintenance delays, then OPCF 20 would not be applicable.
It is important to also note that this Ontario auto insurance add-on varies from one policy to another, it is important to understand your limit on rental car coverage.
A standard limit may be around $2,000 for rental car expense however with delays in repair times this limit may not be sufficient and it is important to speak with your broker to make sure you are aware and understand how much coverage you have available.
Comparing OPCF 20 to Other Auto Insurance Coverage
Unlike basic auto insurance, which only addresses repairs or replacement costs, OPCF 20 steps in to help with added expenses in staying mobile while your car is being repaired.
In comparison, OPCF 27 provides a different kind of protection. Known as the “Liability for Damage to Non-Owned Automobiles” endorsement, OPCF 27 extends your existing liability and damage coverage to vehicles you rent or borrow. This is useful if you are a frequent traveller or often rent cars, but it would not cover the costs of a rental if your primary vehicle is damaged.
For drivers without backup transportation options, adding OPCF 20 to your Ontario auto insurance coverage can be particularly helpful, ensuring you are not left without any way to get around when your car is out of commission.
Is OPCF 20 right for you?
When deciding if OPCF 20 Loss of Use Coverage is right for you, consider your daily commute, budget, and access to alternative transportation.
If you rely heavily on your vehicle for work or personal errands, then OPCF 20 can help cover rental cars or public transit costs while your vehicle is being repaired. However, if you have access to other transportation options, such as a second car or ride-sharing services, then OPCF 20 may not be essential.
Additionally, if your budget is tight, it is worth evaluating whether the cost of the add-on to your Ontario auto insurance policy is worth the benefit, depending on how likely you are to need it.
Consulting with an insurance broker is a smart move to ensure your car insurance offers the right coverage. The expert advice of an Ontario insurance broker like James Campbell Insurance can also create a balance between costs and the level of protection that makes the most sense for your unique situation.
Why Choose Us for Your Auto Insurance in Ontario Needs
We can all relate to the frustration of having our car break down or, even worse, being involved in an accident that leaves us stranded. But there’s no need to worry any longer!
At James Campbell Insurance, we have proudly served Ontarians for over 40 years, helping you secure auto insurance that perfectly fits your needs and protects you when it matters most.
We understand that each driver’s situation is unique. That is why we work with top insurers to offer tailored policies—from standard coverage to specialized add-ons like OPCF 20—so you can be prepared for the unexpected.
Don’t wait for the unexpected to happen! Call James Campbell Insurance at 1-833-459-1065 or contact us online to discuss your options and ensure you have the right coverage for peace of mind.