GAP Protection

If your vehicle is ever declared a total loss due to an accident, natural disaster or theft, your insurance company might only reimburse you for the assessed market value. Unfortunately, there may be a significant gap between what your insurer pays and the balance you owe on your loan. GAP protects you from incurring large out-of-pocket expenses and also includes reimbursement coverage of your insurance deductible up to $1,000.