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Depreciation Protection (DPW)

Protect the equity of your vehicle.

Call for Free Quote 1-800-621-2105, ext 1

Or call 1-800-621-2105

Depreciation Protection (DPW)

An optional Total Loss protection coverage that can be added to your vehicle loan.

Depreciation Protection (DPW) provides protection on 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 minimum waiver benefit of $10,000, or the outstanding loan balance.

BENEFITS OF PROTECTION

  • Protection for collision
  • Life of loan protection
  • No mileage or year restrictions
  • Protection for theft and fire
  • 100% open enrollment
  • Protection for vehicle depreciation

IDEAL FOR THOSE WHO

  • Finance 90% LTV or less
  • Put money down
  • Trade-in a vehicle
  • Make accelerated loan payments
  • Need to protect equity