AUTOPAY GAP Insurance

Through our partnership with American Assurance Corporation, Guaranteed Asset Protection, also known as GAP, covers the financial gap between the actual cash value of a vehicle and the payoff amount of the loan or lease in the event of a total loss.


Gap Payoff Example

 
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Loan Amount: $25,000
Term: 60 months
Loss Date: 36 months
Loan Payoff Due: $15,000
Insurance Settlement: $10,000
Difference Between Insurance and Payoff: $5,000
Plus Insurance Deductible: $500

What you owe (Difference + Deductible): $5,500
Gap Insurance Pays: $5,500


Protect Yourself In Case of Total Loss

  • Terms of up to 84 months and up to 150% MSRP
  • Protection for vehicles valued up to $100,000
  • Covers losses up to $50,000
  • Covers the vehicles insurance deductibles up to $1,000
     

Interested in GAP insurance or need advice? Call us at 844.276.3272