Guaranteed Asset Protection (GAP)
Plus with Deductible Assistance.
GAP is a great way to protect your finances if the value of your vehicle is less than the amount of your vehicle loan. A good rule of thumb is to assume your new vehicle will depreciate more than 20% after the first year you own it, half of which occurs the minute you drive it off the lot.1 This leaves a gap between what you owe on your loan and the value of your vehicle if it’s deemed a total loss due to an accident or theft. Adding GAP may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan.
Add GAP today. Give us a call.
Be prepared, be protected.
Right now, GAP is as low as $475. Standard GAP protects up to 84 months, or the end of the loan, whichever comes first. On average, GAP can cost you as low as $0.18 a day. Plus, you may be eligible to save even more with Advantage Plus Rewards.2Discover how $0.18 a day can protect your loan.
Cost | Term |
---|---|
$475.00 | 84-month policy |
Or $67.87 | year |
Or $5.65 | month |
Or $0.18 | day |
A bonus for automobiles.
Deductible Assistance (DA) is designed to provide financial relief when your vehicle is damaged, but not deemed a total loss. If auto repairs cost more than your deductible, the deductible amount is applied to your loan, reducing what you owe. DA is an additional benefit of GAP and can help with up to $1,000 of the deductible. The vehicle must have Advia GAP with DA, including terms up to 84 months and cannot be used for more than two claims within a 12-month period.Save even more with Advantage Plus Rewards.
Members who qualify for Advantage Plus Rewards will receive a $25 discount on their GAP coverage.2Add GAP anytime.
We make it easy.
Add GAP when you get your new loan and we'll make it part of your monthly payment.
It's not too late.
Already made your purchase? You can still add GAP by making a one-time payment.
How to file a claim.
Simply call or email us. We'll walk you through the next steps and request any needed documentation.
Feel free to contact us with additional questions.