How it Works

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You Buy a Car from Walkaway Dealer

You get one year of complimentary WALKAWAY coverage. Within 30 days of purchasing your car you can choose to extend your coverage for the full term with more benefits.

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Something Unexpected Happens

You get sick, have an accident, become unemployed or experience another life-changing event and can no longer make your loan or lease payments on your car.

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You Return Your Car Without Penalty

Depending on your coverage, you can:

  • Return your car without penalty or damaging your credit rating.
  • Keep your car while WALKAWAY covers your payments.

Coverage ranges from $7,500 to $25,000.

Why you need it

Unless you have a substantial down payment or equivalent valued trade-in ,your car loan or lease is always greater than the value of your vehicle throughout most of your term. This can leave you vulnerable should you hit an unexpected rough patch and no longer be able to make your payments.

Walkaway covers the difference between your car's value and what you owe the financial institution - up to $25,000. It lets you 'walk away' without any impact to your savings or credit rating.

Walkway pays the difference between what your vehicle is worth and what you owe.

WalkAway Gives You Options

We know everyone's needs are different. That's why we have several plan options available. Compare features to find the plan that best meets your specific needs.

 Elite w/ 12 PaymentsEstate AdvantageStandard PLUS w/6 PaymentsStandard PLUS w/4 PaymentsStandardBasicComplimentary
MAXIMUM BENEFITS$25,000$20,000$15,000$12,500$10,000$7,500$7,500
VEHICLE RETURN COVERAGE
Involuntary Unemployment       
Physical Disability       
Driving Restrictive Medical Condition1       
International Job Transfer4       
Accidental Death5       
Self-Employed Bankruptcy6       
Critical Illness Requiring Hospitalization       
Death Due to Critical Illness       
Temporary Unemployment       
Mental Disability       
PAYMENT RELIEF COVERAGE
Involuntary Unemployment12 Payments 6 Payments4 Payments   
Physical Disability12 Payments 6 Payments4 Payments   
Driving Restrictive Medical Condition112 Payments 6 Payments4 Payments   
International Job Transfer412 Payments 6 Payments4 Payments   
Accidental Death512 Payments 6 Payments4 Payments   
Self-Employed Bankruptcy612 Payments 6 Payments4 Payments   
Critical Illness Requiring Hospitalization12 Payments 6 Payments4 Payments