Under our term policy, in the event of a total loss you will receive an original sales price settlement (including taxes and fees)* if you replace your equipment aftet the loss!
- Insured equipment must be currently financed with Kubota Credit Corporation, U.S.A. (Kubota Credit).
- The claim payment will be applied directly to your loan balance, making it simple and convenient.
- For retail installment contracts that exceed 60 months, loss must occur within the first 60 months of the term.
- You must replace the equipment with NEW and of like kind and quality equipment from the original manufacturer and purchase from an authorized, approved dealer within 60 days after the claim settlement, subject to model availability.
*Original sales price excludes ancillary products such as extended warranty. If you do not meet all conditions, a depreciated value will be determined for settlement.