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Depreciation Protection

What is Depreciation Protection (DPW)?

If you were to get into an accident and total your vehicle, your insurance company wouldn't refund your money.  DPW may be the solution to help you recover a portion of the money you put down on your vehicle.

You can protect your vehicle equity with Depreciation Protection (DPW) and protect yourself against depreciation over the life of your loan. When a vehicle is totaled, DPW provides waiver benefits equal to the difference between the vehicle's value at the time of purchase and the loan balance at the time of loss, up to $10,000, or the outstanding loan balance.

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 80% LTV or less
  • Put money down
  • Trade in a vehicle
  • Make accelerated loan payments
  • Need to protect equity

How to Get a Quote:

You can also call our specialists at 503.626.6600 for a free, no-obligation quote, or click the link below!

Get a Quote

Depreciation Protection is offered by Allied Insurance LLC. Business conducted with Allied Insurance LLC is separate and distinct from any business conducted with Rivermark Community Credit Union. If you are purchasing insurance for yourself or as part of a credit union loan, you need to be aware of some important information. Insurance products are not deposits of Rivermark and are not insured by the NCUA. They are not guaranteed by Rivermark and may be subject to risk. Any insurance required as a condition of an extension of credit by Rivermark may be purchased from an agent or an insurance company of the member’s choice.