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Guaranteed Asset Protection (G.A.P.)

No one likes to consider the potential negatives, but in the event of an unfortunate loss wouldn’t you rather your customer know you cared about them? GAP coverage pays the difference between the amount paid by the primary auto insurer and your customer’s outstanding loan or lease balance. Our GAP program provides protection from fire, collision, theft, or any insured peril on new, pre-owned, leased, or purchased vehicles.

GAP
How it works:
Loan Amount = $25,000
Term = 60 Months
Loss Date = 36 Months

Loan/Lease
Payoff.............................$15,000
Auto Insurance Settlement...............$12,000
GAP....................................................$3,000
Insurance Deductible..........................$1,000
Potential Out-of-Pocket Expense........$4,000
GAP Payment to Lender.....................$4,000

Out-of-Pocket Expense with GAP Protection............................$0

Our GAP protects your customer!

  • All risk protection: fire, theft, collision or any other insured peril
  • Protection for new and preowned vehicles; leased or purchased
  • Protection for vehicles valued up to $100,000
  • Protection for the entire term of the loan or lease
  • Totally insured program underwritten by an A-rated admitted carrier
  • GAP Plus pays up to $1,000 towards purchase of a new vehicle at original dealership
GAP is available for Cars, Trucks, Vans, Motorcycles, Light Trucks!

"€˜Terms, conditions, benefits, exclusions and availability vary. See contract for actual details."€™

Learn About Our Products
  • Vehicle Service Contracts
    • Limited Warranty
    • Vehicle Service Contracts
  • Total Loss Protection
  • GAP Protection
  • Key Replacement
  • Windshield Protection
  • Environmental Paint & Interior
  • Anti-Theft Etch
  • Road Hazard/Tire Protection
    • Absolute Tire & Wheel
    • The Tire Doctor
    • Tires4Life
  • Emergency Roadside Protection
  • Product Guarantees
    • The Choice
    • Engine Doctor
    • ProLong Plus
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