Protect your vehicle investment with Depreciation Protection

Depreciation Protection coverage helps pay off some or all of your remaining loan balance if your vehicle is totaled or stolen and not recovered at any time during the life of your loan. It covers the difference between your car’s original value when you signed up and what you still owe at the time of total loss, giving you peace of mind and financial protection.

Get a quote today

Call us at 541-714-4000 or visit your local branch to learn more about DPW.

Benefits that keep you protected

• 100% refundable during the first 60 days of purchase.
• Protection triggered by collision, comprehensive total loss, or theft.
• Life-of-loan coverage.
• No restrictions on mileage, make, or year of the car.
• Accidental Death protection included, canceling up to $1,000 of your outstanding loan balance in the event that you die in an accident.

Why is DPW essential?

Depreciation affects every car, and DPW helps protect your equity:

• New vehicles lose approximately 20% of their value in the first year of ownership.
• Over the next four years, vehicles depreciate by about 15% annually.
• After five years, most cars are worth just 40% of their original purchase price.

Who should consider DPW?

• Members who finance 90% or less and want peace of mind.
• Those with equity in their vehicles through down payments, rebates, or trade-ins.
• Borrowers making accelerated loan payments.
• Drivers who want protection from car depreciation.

Protect your investment with DPW

Owning a car can be a significant finacial responsibility, DPW protects you and gives you peace of mind.

Get a quote today

Call us at 541-714-4000 or visit your local branch to learn more and get started today.