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Depreciation Protection

Depreciation Protection Insurance

Depreciation Protection

DPW is designed to protect your vehicle equity and hedges against depreciation over the life of the loan. In the event of a total loss, DPW provides a waiver benefit equal to the difference between the vehicle value at the time of purchase, less the loan balance at the time of loss up to a maximum waiver benefit of $10,000.00, or the outstanding loan balance.

Benefits of Protection: 

  • Protection for collision
  • Protection for theft and fire
  • 100% open enrollment 
  • Protection for vehicle depreciation 
  • 90% Pro Rata refund method after 60 days 
  • Cancels up to $1,000 of loan balance in the event of Accidental Death
  • Up to $500.00 Auto Deductible Reimbursement