Protection for Trucks GAP Protection Program GAPlus

Protection for Trucks GAP Protection Program GAPlus

For over 30 years... Daimler Truck Financial is working with EPG Insurance, Inc., (EPG) to provide coverage options for your commercial vehicle. EPG has 23 plus years experience in the insurance industry and offers coverage underwritten by the world s oldest and most acclaimed insurance market, Lloyd s of London. Through our collaboration with one of the most respected insurance organizations in the commercial vehicle segment, Daimler Truck Financial customers can also receive the best truck protection programs available, in addition to superior financing options. EPG s ability to customize insurance offerings provides prompt certificate issuance and a quick turnaround on claims. This coupled with their competitive pricing makes them a wise choice for your commercial vehicle insurance needs. A key benefit available through EPG is the ability to lock your rate and discounts for the term of your loan; meaning your cost will not change even if there is a loss during the term of coverage.** This gives you predictability and peace of mind that your insurance rates will not increase. Visit www.daimler-truckfinancial.com for more information on insurance or contact your local Freightliner Trucks or Western Star Trucks dealer for details. ** Applies to insurance and non-insurance premiums bundled with vehicle finance contract installment payment.

GAP Protection Program. Did you know that if your vehicle is stolen or declared a total loss that you may still be responsible for paying off a portion of the vehicle finance contract? Protection For The Unexpected* You may think it can t happen to you, but the theft or total loss of a vehicle can take you by surprise. The surprise can be twice as unpleasant if your primary insurance carrier s settlement is less than the amount needed to pay off your finance contract s outstanding balance. Protects from out-of-pocket expenses In the event of a total loss, GAP provides up to $1,000 for the reimbursement of the primary insurance carrier s deductible (where permitted by state) Can be financed with the vehicle for only a small addition to monthly payments Many people owe more on their finance contract than their insurance company will pay in the event of total loss. GAP is an amendment to a vehicle finance contract that waives a portion or all of what you owe on the finance contract after an insurance settlement is paid for the total loss of a vehicle.** For example: Finance Contract Remaining Balance $70,000 Insurance Settlement -$60,000 What you owe: $10,000 * Subject to approval by finance source. Not available in all states. Figures are for illustrative purposes only. ** Subject to110% maximum loan to value. Months Not available in all states. Please contact your dealer for details. Available for certain Freightliner, Western Star Trucks, and SelectTrucks products. Table and example are for illustrative purposes only. The information above summarizes the features of an optional GAP Protection Program, which provides a waiver amendment to your finance agreement. GAP Protection is not an insurance policy or contract. Consult your dealership s F&I Manager or the actual waiver amendment for a full description of all applicable terms, conditions and benefits provided.

GAPlus. What is GAPlus? GAPlus provides not only GAP Coverage as described in the GAP section, but it also pays you up to $10,000 or 10% of the original vehicle price for a Class 8 and up to $5,000 or 10% of the original vehicle price for a Class 3 through 7. This money can be used for: New down payment. Insurance deductible. Sales tax and licence fees. Vehicle price increases. How does GAPlus work? Once you have selected the replacement vehicle from the original selling dealer and a copy of the contract, dealer specs and bill of sale are sent to the claims department, a check will be sent to the dealership for any items listed above. What Coverage Terms Apply? Up to 72 months with in-contract financing. Payment Options: Included in finance contract at the time of purchase. Paid up-front.

The Easiest Ways to Obtain a Free & Non-Binding Quote: Speak with your dealership s F&I Manager and receive a quote right away. OR Call Daimler Truck Financial at +1 866 653-8902. Notes: Daimler Truck Financial 36455 Corporate Drive Farmington Hills, MI 48331 2010 Mercedes-Benz Financial Services USA LLC. All rights reserved.