GAP Advantage Insurance
A Totaled Car Isn’t a Total Loss with GAP
Guaranteed Asset Protection (GAP) Advantage Insurance covers the difference between what your insurance company will pay and the full balance of your auto loan at the time of loss.
- Protect yourself from a financial loss if your car is totaled
- Get back on the road with a $1,000 allowance to finance a replacement vehicle with us
- Enjoy peace of mind if you owe more than your car is currently worth
The purchase of GAP Advantage is voluntary and cannot be required as a condition of loan approval. GAP Advantage is a loan deficiency waiver and is not offered as insurance coverage in most states. This brochure is not a contract and the contents are limited by its size. It only provides a general summary of plan options that are available. Be sure to read your specific contract, as all benefits are subject to the terms and conditions of that contract. Skipped or missed payments, late charges, refundable service warranty contracts, other insurance-related products, and interest charged after the date of loss will be deducted from the GAP Advantage settlement.