It’s smart to protect your equipment. That’s why Volvo Insurance Services sponsors automatic* equipment insurance programs to cover you in the case of vandalism, fire, severe weather damage, and more**. You’re also covered for equipment replacement in case of theft or total loss.
Speak with your local Great West dealer today to learn more.
* Equipment used in logging, lumbering, underground, for oil or gas exploration or processing, along with highway use vehicles, aircraft, and watercraft are not eligible for coverage.
** Flood, theft, windstorm, accidental damage, fire, terrorism, and earthquake. Some exclusions may apply.
Current Program Features*
Volvo Financial Services
|Replacement of equipment||√||Depreciated Actual Cash Value (in most cases)|
|No deductible for losses that exceed $5001||√||Deductibles of $500, $1000 or more|
|Automatic coverage up to $750,000 per piece of equipment without underwriting2||√||Must be added; subject to underwriting|
||√||Usually not covered|
|Premium is fixed for the life of your loan, not just 12 months||√||Cost of future renewals is unknown|
|One monthly payment and invoice for your equipment and insurance||√||Separate payments / separate invoices|
* Subject to change without prior notice.
1 Losses of $500 of less are not covered. Covered losses in excess of $500 are repaired with no deductible charge.
2 Equipment used in logging, lumbering, underground, for oil and gas, exploration or processing, along with highway vehicles, aircraft, and watercraft are not eligible for coverage.