There's nothing like driving off the lot in a new vehicle. Unfortunately, there's also nothing like getting rear-ended by a driver who's texting and totals your car.
Guaranteed Automobile Protection (GAP) makes it all a little easier by minimizing the amount of money you'd lose if your vehicle or boat is stolen or totaled. It helps reduce or eliminate the difference between the amount you still owe and the cash value of your vehicle as determined by your primary insurance company after a total loss or theft. In addition, we also offer Auto Deductible Reimbursement which pays up to $500 per loss with unlimited losses per year. This is a great benefit we are excited to offer our members along with GAP that helps to cover the deductible cost anytime there is a minor accident with vehicle damage up to $500. It also covers all the vehicles listed on the insurance policy.
GAP Protection covers:
- New and used vehicles
- Private automobiles, trucks, and vans, up to $50,000; maximum amount financed cannot exceed $100,000
- Boats and personal watercraft, up to $50,000; maximum amount financed cannot exceed $100,000
- Recreational vehicles (RVs), up to $50,000; maximum amount financed cannot exceed $250,000
- Motorcycles, up to $30,000; maximum amount financed cannot exceed $50,000
- Deductibles up to $500
Statistics show that a vehicle is stolen in the United States every 24 seconds, and 18% of vehicles involved in an accident are a total loss. Protect yourself by getting covered with GAP from the moment you finance your auto loan. Call our 24/7 loan center at 1.844.652.9916 to inquire about GAP Protection.