WHAT DOES A CAT EQUIPMENT PROTECTION PLAN COVER AND FOR HOW LONG?
Coverage and terms depend on your plan. You can choose from various component and year/hour combinations. There are also levels of coverage to align with the way you use your equipment and your budget. Unlike some extended warranties, there’s no deductible with a Cat EPP, no matter which option you pick.
For new Cat machines, an EPP starts with powertrain coverage. It covers more than 50 components, including engine, transmission, drive train, steering, braking and electronic components. From there, you can move up to Powertrain + Hydraulics or Powertrain + Hydraulics + Technology. Premier coverage is also available for new machines and has the same coverage as Powertrain + Hydraulics + Technology, while also covering certain electrical and structural components.
IS AN EQUIPMENT PROTECTION PLAN JUST FOR NEW CAT EQUIPMENT?
No. You can also add a Cat EPP to:
Used Cat machines
Cat Certified Used machines
Cat Certified Rebuilds: machines, powertrains, machine components and hydraulics
CAN I ADD AN EQUIPMENT PROTECTION PLAN TO RENTAL EQUIPMENT?
Equipment you rent from your Cat dealer or The Cat Rental Store may already be covered by an EPP. That’s a good question to ask as you go through the equipment rental process. Talk to your dealer to see what coverage options are available to ensure your machine is protected.
IS AN EPP THE SAME AS PHYSICAL DAMAGE INSURANCE?
No. Physical damage insurance (sometimes called contractor’s equipment insurance) is a separate type of equipment protection. It’s available from your Cat dealer or through Cat Financial. While an EPP protects you from covered defects in Cat material and manufacturer workmanship, physical damage insurance covers the cost of equipment loss or damage due to fires, floods, vandalism, theft or collisions.
Physical damage insurance also provides “gap” coverage if you owe money on a damaged machine’s loan at the time of the loss. It may also reimburse you for rental equipment while yours is being repaired or replaced.