Loan Protection insurance is designed to provide financial security to you in case you are unable to make loan payments due to circumstances such as disability, involuntary unemployment, or death.
Newly purchased vehicles depreciate the second they’re driven off the dealer’s lot. When a vehicle is totaled in an accident or stolen and not recovered, you could owe more than the vehicle is worth. GAP is designed to reduce or eliminate the difference between the insurance settlement and the loan balance. Want to learn more?
If your life takes an unexpected turn, your family’s finances can be strained. But with Debt Protection, your loan payments or balance may be canceled, up to the contract maximums, in case of involuntary unemployment, disability, or death. It’s just one more way you can look out for the people you love.*
Mechanical Repair Coverage is an insurance product that shields vehicle owners from costly repairs by covering the expenses of mechanical breakdowns beyond the manufacturer’s warranty, ensuring continued smooth operation and financial peace of mind. Want to learn more?
*Debt Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative or refer to the contract for a full explanation of the terms. You will receive the contract before you are required to pay for Debt Protection. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.