Gap insurance Coverage
GAP insurance coverage can pay the difference between the payoff on the loan and the ACV (Actual Cash Value) if your customer's car is totaled or stolen during the term of the loan.
Dealerships, lenders and customers like GAP because it provides a win-win situation for everyone.
The dealership profits from the sale of a valuable F&I product, the lender is financially satisified in the event of a total loss or theft and the customer avoids a charge of several thousand dollars at a time when money will be needed for a replacement vehicle.
This is a product with a highly perceived value that is often requested by knowledgeable customers who want to protect themselves from risk of substantial loss.
We have the most liberal GAP programs available from companies you know. You are offering your customers products from companies that will be there when they are needed..
*Coverage and terms can vary.
Please check with us for the latest available product information.
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