Guaranteed Asset Protection
This protection is ideal for
Auto 
Marine 
Powersports 
RV 
Benefits
GAP offers financial protection when your customers need it most, all with no deductible.
- Waives some or all of the financial gap after a total loss with coverage beyond insurance payouts.
- Minimizes customers’ financial strain by covering their insurance deductible, where allowed.
- Enhances customer loyalty and peace of mind with protection against unforeseen financial burdens.
GAP offers major financial security in the event of a total loss, and ensures that customers are protected from unforeseen financial burdens.
Common Questions About Guaranteed Asset Protection
Whether you’re looking for more information on product features or service details, we have a wealth of helpful insights. If you don’t find the answer you’re looking for, please reach out to us directly for personalized support.
In a world where unexpected events can quickly lead to a vehicle being declared a total loss, insurance payouts might not always cover the entirety of a customerās remaining loan or lease balance. This discrepancy can sometimes amount to thousands of dollars. GAP offers financial protection by helping to cover this difference, ensuring customers donāt bear the financial burden for a vehicle they no longer own.Ā
The maximum āgapā amount waived varies based on the specific product agreement. Product agreements should be referred to for a full list of benefits and exclusions.Ā
Yes, GAP helps alleviate out-of-pocket expenses by covering the primary insurance deductible. However, itās essential to note that this coverage is not available in all states.Ā
Yes, there are exclusions with GAP. The maximum āgapā amount waived and other terms might differ depending on the product agreement. This amount may cover some or all of the difference depending on the customer’s unique situation. Additionally, primary insurance deductible coverage and GAP Plus are not available in all states. The $1,000 GAP Plus benefit, when available, can only be redeemed at the selling dealer and only if a GAP waiver benefit has been approved.Ā
Note
- Maximum financial āgapā amount waived and other terms and conditions will vary depending on product agreement.
- Primary insurance deductible coverage is not available in all states.
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