Insurance covers only the "actual cash value" of your vehicle – regardless of how much you owe!

Most insurance policies only cover actual cash value of your vehicle. And this value declines rapidly during the first years of ownership, beginning as soon as you leave the dealership. As a result, there can be a substantial shortfall or "gap" between your loan or lease balance and the amount your insurance pays to replace your vehicle. You can end up owing money on a vehicle you no longer have!

GAP closes the distance!

GAP Protection is a non-insurance product that covers the "gap" by paying the difference between your primary carriers's insurance settlement and your loan or lease balance. The GAP payment covers the insurance deductible up to $1,000* but does not pay for delinquent payments, late charges, and other insurance-related charges.

GAP can protect you financially and help get you on the road again!

*Deductible reimbursement benefits are available in most states. Please consult your financing representative for the availability of this benefit.