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DJ, being less than one year old, i would be shocked if your policy didnt have a 46r??? unsure if thats the code, but it means replacement value of car. if you paid over mrsp, your boned, and you likely would fight for your trim upgrades.
if you yow cash on it in form of lein, it will be paid first, then you get whatever is left over assuming you get replacement value. if you paid cash for it, they cut you a cheque. then off to the dealer you go to reorder....or buy something cheap enuf that you dont need collision coverage. i cant recall your age, but i think you under 25, right? i personally had my camaro insured for replacement value--also included extra spent on the maggie and exhaust 65k. so technically i am still under insured, as i have 70k cdn into my car. i believe i have to pay almost 2k/year premiums, and im 40+ and perfect licence.
keep us posted.
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