Loan Protection
This essential service takes on the burden of vehicle payments during challenging times such as job loss or accidents, allowing your customers to focus on recovery without the added pressure of looming bills. Offer this safeguard to your clients and reinforce the message that your dealership doesn't just sell carsâit provides a safety net for their financial peace of mind.
This protection is ideal for
Auto 
Marine 
Benefits
Loan Protection assures customers that their vehicle payments are covered during life’s unexpected events.
- Covers vehicle payments during a job loss or accident.
- Alleviates financial stress in tough times.
- Ensures uninterrupted vehicle ownership during crises.
- Adds value to your dealershipâs customer care.
- Enhances customer loyalty with financial protection.
Loan Protection offers financial peace of mind during some of life's most challenging events, reducing stress and worry during an already difficult time.
Common Questions About Loan Protection
Whether you’re looking for more information on product features or service details, we have a wealth of helpful insights. If you don’t find the answer you’re looking for, please reach out to us directly for personalized support.
Loan Protection is a service that covers your customerâs vehicle payments during significant life events like job loss or accidents.
Loan Protection alleviates the stress of making vehicle payments, allowing customers to concentrate on their recovery without financial worry.
Loan Protection typically applies in events such as involuntary job loss, disability, or accidents.
Yes, Loan Protection enhances your dealership’s reputation by showing you care about customers’ financial security, not just sales.
Loan Protection is usually offered at the time of vehicle purchase but ask about specific policies for adding it later.
Note
- Coverage amount is dependent upon plan selected.
- Benefits begin at the end of the 30-day waiting period.
Fact sources:
- https://jalopnik.com/the-average-monthly-new-car-payment-is-now-777-report-1850114624
- https://jalopnik.com/americans-are-severely-underwater-on-their-car-loans-1850176748
- https://cepr.net/six-million-people-lose-or-leave-their-job-every-month-thats-72-million-a-year-for-arithmetic-fans/