Introducing Depreciation Protection

Total loss occurrences are at a record high.  New or used, depreciation impacts nearly every vehicle on the road today. Developed with the consumer in mind, Depreciation Protection revolutionizes the Total Loss Protection market and provides a new benefit to help protect the "equity" in the auto loan, compared to the "negative equity" protected by Guaranteed Asset Protection (GAP).  For the first time ever, we have a solution to help protect the invested equity and hedge against the negative impact of depreciation upon total loss.

Car Accident

Accident

Car Theft

Theft

Car Fire

Fire

Benefits of Protection

  • Protection for collision or comprehensive total loss, including theft
  • Hedges against the negative impact of vehicle depreciation
  • Life of loan and term-based protections available
  • No mileage or year restrictions
  • 100% Open Enrollment
  • Fully Refundable and Non-Refundable options available
  • $1,000 Accidental Death and Dismemberment (AD&D) benefit included (Financial Institution Program only)

Ideal for those who:

  • Finance 90% LTV or less
  • Put money down
  • Trade in a vehicle
  • Receive manufacturer or dealer rebates
  • Negotiate purchase price below MSRP
  • Make accelerated loan payments
  • Desire peace of mind knowing the money invested in a vehicle could be protected in the event of total loss