Guaranteed Auto Protection (GAP)
GAP offers protection against financial liability for individuals who finance a new or used vehicle in the event that your vehicle is damaged beyond repair (totaled) or stolen and never recovered.
- Features
GAP pays the difference between the market value of your vehicle and the loan/lease balance (less delinquent payments, late charges, refundable service warranty contracts, and other insurance-related charges).
You can purchase GAP in full, or add it to the loan balance and incorporate it into your monthly loan payments.
