Will you owe more on your vehicle loan than your vehicle is worth?

Guaranteed Asset Protection is like an airbag for your vehicle loan.

 

A wrecked vehicle can wreck your finances if you owe more on your loan than your insurance will pay.

The second you drive your new vehicle off the lot it drops in value. More than 20% after one year. This creates a gap in coverage.

Our Guaranteed Asset Protection (GAP) program may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan, if your vehicle is deemed a total loss. It can help cushion you and your family against sudden out of pocket expenses.

Get GAP today so you can worry a little less about tomorrow.

New car depreciation illustration and GAP benefits

 

 

 

Your purchase of Guaranteed Asset Protection (GAP) is optional. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 60 days you will receive a full refund of any fee paid.

 

 

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