Guaranteed Asset Protection, or GAP, offers protection against financial liability for individuals who finance a new or used vehicle. GAP protects against financial loss in the event that your vehicle is damaged beyond repair (totaled) or stolen and not recovered.
Benefits of GAP include:
Can be easily included in the amount financed with the loan and takes effect immediately
Covers the “gap” between the value of your investment and the amount you still owe
Covers the owner's primary insurance deductible - up to $1,000
Protection from a potential loan deficiency
Peace of mind knowing that your vehicle investment is secure
us to add GAP to a new or current loan.