Q.If your vehicle is totaled or stolen, will your insurance cover the entire loss?
A. Not likely...be prepared to lay out additional cash!

Did you know...

• The market value of your new vehicle starts to depreciate the moment you take possession.
• If your vehicle is totaled or stolen, your insurance usually does not cover the entire amount you owe on a lease or a loan.
• If a total loss occurs, you may have to pay the difference, the gap, between what you owe, and the actual cash value of your vehicle, from your own pocket.
• Now, buyers and lessees of new and pre owned vehicles can obtain a product that will pay off loan and lease balances and that could help in the purchase or lease of a new vehicle.

• All risk protection fire, theft, collision, or any insured peril
• Protection for new and pre-owned vehicles leased or purchased
• Protection for vehicles valued up to $100,000
• Protection for the entire term of the loan or lease
• Minimal monthly cost
• Totally insured, multi-faceted program, underwritten by an A-rated admitted insurer
• Deductible coverage up to $1,000*
• GAP Plus pays $1,000 towards the purchase of a new vehicle at original dealership*
• Benefits customers, financial institutions, lessors and vehicle dealers
  *Not available in all states