How to Add Wippy as a Loss Payee on Your Insurance Policy
Adding Wippy as a loss payee on your insurance policy will save you money on your plan!
How It Works
Adding Wippy to your auto insurance policy is easy and won’t affect your insurance premium. If your vehicle is written off in an accident, the insurance payoff will be co-payable to Wippy, so you don’t have to worry about paying out of pocket. If you upload confirmation you have added Wippy to your insurance within ten (10) days of the plan starting, you won’t have to pay the applicable monthly fee.
Notify your insurance company to add Wippy as a loss payee. They will need to know our name and mailing address which is:
Wippy
3-1136 Centre St., Suite 427
Thornhill, ON
L4J3M8
If you’re unable to add us to your policy, a small fee will be added to your payments each month. The amount of the monthly fee depends on how much of your spending limit you used towards the repair.
| Spending Limit Used | Monthly Fee |
|---|---|
| $500 to $1,500 | $6.95 |
| $1500.01 to $3000 | $9.95 |
| $3000.01 to $5000 | $13.95 |
| $5000.01 to $7500 | $17.95 |
| $7500.01 to $10,000 | $19.95 |
How To Provide Confirmation
Once your insurance company or broker has added Wippy as a loss payee, ask them to send you confirmation. The confirmation can be uploaded right into your Wippy profile and once our team has accepted it, you will no longer be charged the monthly fee.
- Login to your Wippy account
- Once you’re logged in, click on “My Vehicles”, and then “View/Modify”
- Scroll down to the section “Loss Payee Confirmation” and click to expand it open
- Click on “Upload Insurance Confirmation”, upload the confirmation and click Save.
Once it’s been accepted, the Status in the Loss Payee Confirmation section will show “Verification Successful”.
Please download and fill out this form, and send it to your insurance provider.
If you have any questions, you can reach our Live Chat agents 6 days a week at Wippy.com.