Guaranteed Asset Protection

Cover the GAP in case of a total loss.

Protection Snapshot

If your vehicle, motorcycle, RV or boat is ever declared a total loss due to an accident, theft or natural disaster, your insurance company might only reimburse you for their assessed value. Unfortunately, there may be a significant gap between what your insurer pays and the balance you owe on your loan. GAP helps waive the difference.

Source: Safe-Guard Products International
Source: “Do New Cars Depreciate More Than Used Cars?”
Source: National Automobile Dealers Association (NADA)
Guaranteed Asset Protection (GAP)

Guaranteed Asset Protection (GAP)


Total loss occurs when the cost to repair a vehicle exceeds the value of the vehicle, if the vehicle is so damaged repairing it is deemed unsafe, or your vehicle is stolen. In the unfortunate event your vehicle is deemed a total loss, you may find yourself facing a major financial burden. GAP protects you from incurring large out-of-pocket expenses by covering the “gap” between what your insurer pays and the balance you may owe on your loan.


GAP benefits include:
  • Waives balances up to $50,000 (may vary by Agreement)
  • Includes coverage for your insurance deductible up to $1,000 (deductible coverage not available in all states)

For These Vehicles

  • Auto
  • Motorcycle
  • RV
  • Marine

For These Buyers

  • Cash
  • Finance
  • Lease

Contact your dealership for additional information.