Help protect your investment with coverage that bridges the GAP

In the event your vehicle is deemed a constructive total loss due to an accident or theft, your auto insurance policy usually covers the fair market or actual cash value of the vehicle.

The amount you owe your Lender may be more than your insurance settlement. This difference or gap, could cost you thousands of dollars.

Guaranteed Asset Protection (GAP) waives the difference between your Primary Insurance Settlement and the outstanding balance of your vehicle on the date of loss.

How GAP works:

Net Payoff                                       $23,000
Insurance Settlement Amount     - $20,000
Difference Owed                             = $3,000
Total GAP Coverage                         - $3,000
Your Out-of-Pocket Expense                 = $0

(for illustrative purposes only)

GAP Covers the Difference and More
- Protects new and used vehicles
- Protects vehicles valued up to $100,000
- May cover your insurance deductible up to $1,000
- Waives losses up to $50,000

Please contact Kelly Rogers or Jennifer Parker for more information at 952-546-5301