Guaranteed Asset Protection (GAP)
Did you know that if the vehicle you are now purchasing is totaled, or stolen, and is not recovered, your insurance may not pay off the total amount of your loan? That could be a big unexpected financial loss.
GAP will pay the difference between the actual cash value of your vehicle (determined by your primary insurance company), and the unpaid balance that is owed, protecting you against financial loss and eliminating any out-of-pocket expenses. For more information about this coverage, please contact us at 877-297-5657.
Check with any of our loan officers or service representatives regarding this coverage.