Depreciation protection insurance can protect your vehicle equity.
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
Watch our video to learn more.
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