Strengthen your Auto Policy with GAP insurance.
Guaranteed Asset Protection
Available for new or used vehicle loans, GAP protection covers the difference in the balance on a car and its declared value, as determined by your primary insurance carrier. In the event that your car is damaged beyond repair, stolen, or never recovered, GAP is here to supplement that financial burden.
GAP will waive the difference between what the insurance company paid (ACV-actual cash value) and the loan amount, if the loan amount is higher.
GAP is inexpensive and filing a claim is easy.
When an accident happens, repairs can be costly and your current auto policy may not be enough.
- Enrollment is easy and coverage begins immediately.
- Coverage is offered for a variety of vehicle types, new and used.
- Up to $1,000 of your insurance deductible is covered, as part of the deficiency balance.