Having an experienced and financially secure provider is critical.

Guaranteed Asset Protection (GAP) protection may seem like a commodity; however, not all GAP programs are the same. GAP waivers are written as Dealer Obligor, meaning, if your provider for whatever reason is not there at claim time, it becomes the Dealer’s financial responsibility.

GAP losses can be volatile and are subject to a multitude of ever changing factors. With GAP having a relatively low cost and potentially high claims severity, GAP coverage has resulted in periods of significant losses for the GAP industry. Having an experienced and financially secure provider is critical.

Providing A.M. Best “A” rated Insurers, giving you the peace of mind and security that they will be there at claim time.

GAP Program features:

– $50,000 claim limit with up to $1,000 toward the physical damage deductible.

– Traditional three tier pricing or a unique five tiered pricing for a more competitive price on shorter terms.

– Up to 150% of Manufacturer’s suggested retail price (MSRP) with a maximum amount financed of $125,000 or less.

– Terms up to 84 months.

– Fully earned option – In the event of constructive total loss and a GAP benefit is waived, the addendum will be deemed as fully earned and no refund will be due.

– Commercial option – Allows GAP to be written on a vehicle used for transportation of persons or property for hire, compensation, profit, or in the furtherance of a commercial enterprise.

To ensure peace of mind, all of our products are backed by A.M Best “A” rated Underwriters.