GAP Insurance
Afraid of being upside down on your loan?
Ever wonder what could happen in a serious accident should insurance not cover enough to pay off your car loan? Maybe GAP Insurance is the right choice for you! GAP is an acronym for
Guaranteed
Asset
Protection
Should your vehicle get into a total loss accident, GAP Insurance will pay the difference between what you owe vs. what the insurance company pays you for your damaged vehicle.
*GAP covers up to 150% of the value of the vehicle
Bridge the gap between the original amount you paid for your car, and the amount your insurer pays out based on its value at the time of a claim.