GAP

GAP stands for “Guaranteed Asset Protection” and it means just that. Why do you need GAP? Well, let’s suppose you have a two-year-old vehicle and it’s stolen or totaled in an accident. Your current insurance policy will reimburse you based on what the insurance company has determined your car is currently worth. But since new cars can depreciate up to 30% in as little as two years, there’s a very good chance that your insurance company will settle with you for far less than you still owe on your vehicle loan. So, for instance, you can still owe $21,000 on your vehicle, but the settlement is only $16,000. Are you stuck for $5,000? Not if you have GAP insurance which covers the difference between what you owe and what the vehicle is worth. With GAP we even pay your deductible!

For dollars per month you can protect your investment! Ask your counselor for details!or Simply apply now