VSI
Vendor Single Interest
GAP
Guaranteed Auto Protection
CPI
Creditor Placed Insurance
EPD
Equipment Physical Damage
EPD is an all risk policy written to cover agricultural, construction, lawn and commercial equipment vehicles. EPD is offered as a voluntary point-of-purchase program designed to be an easy way to protect financed equipment purchases.
EPD is available for lawn mowers, small tractors, small construction equipment and utility vehicles.
Physical Damage
Losses from theft or physical damage to agricultural and commercial equipment.
Coverage Limits
EPD offers coverage on an Actual Cash Value basis to repair or replace damaged equipment.
Coverage Terms
Coverage can be written for the term of the loan if the equipment is financed for a maximum of 84 months and up to $100,000 in purchase price.