Does my insurance continue after my loan is paid off?
No, your insurance, if financed on your equipment loan, terminates on the maturity date of your loan or on the insurance expiration noted on your loan contract.
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Will I get a refund of insurance if I pay my note off early?
If you pay off your loan early, the refund of your insurance premium is built into your payoff amount. If you pay off your loan at the end of the term, there is no refund of insurance premium.
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My insurance claim check is made out to both John Deere Credit and myself. I need to repair my equipment, what do I need to do?
Please send check, along with a copy of the work order and instructions to the following address. We will endorse and return the claim check via regular mail.
John Deere Credit Customer Service
Attn: Insurance Coordinator
P.O. Box 6600
Johnston IA 50131-6600
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My equipment was a total loss, what do I do with my insurance check?
When there is a total loss, please endorse the insurance check, send it to the following address and we will apply the amount to your account. Please be sure to include your account number.
John Deere Credit Customer Service
Attn: Insurance Coordinator
P.O. Box 6600
Johnston IA 50131-6600
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I'm late on my final payment. When does my insurance expire?
Insurance coverage* usually expires on the scheduled final payment date, not on the date you make your final payment.
*Insurance information is on the acceptance notice "INS EFFECTIVE DATE" and "INS EXPIRATION DATE". The insurance dates do not have anything to do with when you make your final payment. The insurance premium is calculated from effective date to expiration date.
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