Wear and tear can result in damage charges at the end of your lease. Excess Wear and Use Waiver protects you from these charges, so you can enjoy your leased vehicle to its fullest.
Excess Wear and Use Waiver
Avoid a costly bill at lease-end.
Eligibility
Leased vehicles
Up to 6 model years
Lease term between 12 and 60 months
Eligible damages you won’t pay for
Missing parts or equipment
Interior stains, rips and burns
Glass chips and cracks
Muffler or tailpipe damage
Tire and wheel damage
Exterior scratches, dents and dings
Eligible damages you won’t pay for
- Missing parts or equipment
- Interior stains, rips and burns
- Glass chips and cracks
- Muffler or tailpipe damage
- Tire and wheel damage
- Exterior scratches, dents and dings
Comprehensive protection with valuable features
Up to $7,500 covered
All eligible charges will be covered up to a maximum of $7,500 for new cars and $3,500 for used cars. Each single event causing damage will be covered up to $1,000 and each missing part up to $150.
No deductible
You won’t have to pay a deductible, so you can take full advantage of your plan’s benefits without any additional costs.
Fully transferable
If your lease is transferred over to another owner, you can transfer your Excess Wear and Use Waiver to them too, adding peace of mind to their purchase.
30-day money back guarantee
You may receive a full refund if you cancel your Excess Wear and Use Waiver within 30 days.
Tire coverage (optional)
For extra protection, you can include tire tread wear in your coverage. This upgrade is only available for new vehicles.
How does it work?
Return: At the end of your lease, return your car to your dealership.
Inspection: Your dealership will inspect damages.
Waiver: 100% of qualifying charges will be waived up to $7,500, with no deductible needed. You’ll receive a final, adjusted statement reflecting the waived charges.
Frequently asked questions
Is my vehicle eligible for SecureDrive Excess Wear and Use Waiver?
We cover new, used and Certified Pre-Owned vehicles up to 6 years old.
Can I include SecureDrive Excess Wear and Use Waiver in my vehicle financing?
If you purchase your contract at the same time as your vehicle, your selling dealer might offer you the option to roll everything into your vehicle financing deal.
Can I get my vehicle repaired in case of damage?
Excess Wear and Use Waiver does not cover the cost of repair. It will only waive end-of-lease charges in case of excessive wear and tear.
How do I make a claim?
Simply locate your contract number and visit your selling dealer to get your claim started.
How long can I purchase coverage for?
We offer terms from 12 to 60 months based on the age of your vehicle. Contact one of our SecureDrive dealerships to know more.
