Depreciation Protection

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

How it Works*

	Purchased at Dealership	6 Months	1 Year	3 Years
Price of Vehicle (MSRP/Retail)	$30,000	$30,000	$30,000	$30,000
Outstanding Loan Balance	$28,500	$26,681	$24,469	$15,282
Depreciation Protection Waiver Benefit at Total Loss	$1,500	$3,319	$5,531	$10,000

*Maximum Waiver Benefit can vary depending on level of protection selected and/or offered. Please reference waiver addendum for specifics regarding maximum waiver amounts. *$10,000 Waiver Benefit applies here because waiver amount will not exceed the lesser of the maximum amount listed in the waiver addendum or outstanding loan balance at total loss. Loan Amortization Used in Example: 2.99% APR, 72-month.