Guaranteed Asset Protection

                   GAP

This coverage will protect you and your customer. GAP pays the difference between the insurance settlement and the balance of the loan which eliminates a potential deficiency balance or account charge-off.

Available for loans up to 150% of MSRP or NADA Retail, it pays the primary insurance deductible up to $1,000, and is available for loans written up to 84 months.

Loan types:

  • Autos

  • Boats

  • Motorcycles

  • Recreational Vehicles

  • ATVs

  • Snow Mobiles

  • Scooters

  • and more

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