Loan Protection
Life is unpredictable and we offer a suite of products to help you weather the storm when the unexpected happens.
Mechanical Breakdown Protection (MBP)
New car warranties typically cover only three years and 36,000 miles-leaving car owners on their own after that. That’s why Mechanical Breakdown Protection, also known as an Extended Warranty or MBP, is a good idea. This plan covers vehicle repair costs that exceed the manufacturer’s warranty.
Guaranteed Asset Protection (GAP)
If you total your car, Guaranteed Asset Protection (Gap) covers the difference between what the insurance company will reimburse you and the balance of your auto loan.
Depreciation Protection Waiver (DPW)
Depreciation Protection helps safeguard you from financial loss if your vehicle is totaled or stolen and not recovered during the life of your loan. It can waive or reduce the difference between your vehicle’s value and your remaining loan balance, helping protect the money you’ve invested. This coverage is ideal when you put money down, have vehicle equity, or want added peace of mind against unexpected depreciation.
Debt Protection (DP)
Life can take unexpected turns. Debt Protection may cancel your outstanding loan balance or cancel your monthly payment if an unexpected event—such as death, disability, or involuntary unemployment—occurs. It provides an added layer of financial security, offering peace of mind for you and your family during life’s most challenging moments.
Vehicle Protection Plan (VPP)
Protect your vehicle’s appearance and value with our suite of vehicle protection options. Vehicle Protection Plan (VPP) helps cover unexpected issues like damaged tires and wheels, lost keys, body panel repairs, and more, giving you added confidence on the road.