Eligible Vehicles up to a Maximum Vehicle Purchase Price - $100,000
Vehicles can be covered if less than 60,000 miles and/or 5 model years at the Vehicle Purchase Date.
Maximum Claim Payable - $20,000
Credit Payable at Authorized Dealership
Key Terms of Coverage
Create that Unique Selling Proposition and Improve Your Dealer Retention
Key Terms
Eligible Vehicles up to $100,000 purchase price limit
Eligible Vehicles must be less than 60,000 miles and/or 5 model years at the Vehicle Purchase Date
Maximum Claims Limit of $20,000
Credit to be payable at Authorized Dealer and used as a down payment towards a subsequent vehicle replacement
Coverage Summary “If the Vehicle is declared a Total Loss by the Customer’s Primary Carrier within the the number of months selected (up to 60 months) from the Vehicle Purchase Date, then subject to the conditions and limitations set forth in the cover, the Authorized Dealer guarantees to provide the Customer with a Credit for the difference between the Primary Carrier’s settlement or the ACV, whichever is greater, and the purchase price of the Vehicle as confirmed by the Vehicle Selling Price in an amount up to twenty thousand dollars ($20,000).”
