Diminished Asset Protection

Key Benefits of Diminished Asset Protection

• Coverage Benefits: Provides you the option to trade-in your vehicle to your selling dealer for a credit of the guaranteed repurchase price toward the purchase or lease of another vehicle.
• Diminished Value Benefit: In the event your vehicle and the dealer’s offer are affected by diminished value resulting from demand or an accident, you can reject the offer and the dealer agrees to provide you with the option to trade-in your vehicle for the guaranteed repurchase price, which may be calculated in consideration of the maximum diminished value benefit and the verified repair amount, where applicable.