Deposit Protect

Deposit Protect

Deposit reimbursement in the event vehicle is declared a total loss.

Deposit Protect will reimburse the customer for their original down payment, including trade equity, in the event their vehicle is declared a total loss. The customer must return to a participating dealer in order for the benefit to be applied to their next vehicle purchase and the benefit cannot exceed the agreement holder’s original down payment.

  • $1,000 minimum benefit regardless of initial down payment.
  • Trade equity and rebates qualify as part of total benefit.

TERMS – 1 – 8 years

ELIGIBILITY – Vehicles current plus 15 model years old are eligible for coverage.

LIMIT OF LIABILITY – $10,000 max benefit or actual down payment amount, whichever is less. Minimum $1,000 benefit for down payments less
than $1,000.

DEDUCTIBLE – No deductible.