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If your vehicle is ever declared a total loss due to an accident, theft or natural disaster, your auto insurance company might only pay you the amount equal to their assessed market value of your vehicle. Unfortunately, there may be a significant gap between what your insurer pays and the balance you owe on your vehicle finance agreement. Guaranteed Asset Protection (GAP) protects you by waiving the difference.
Insurance companies can only do so much, that's why GAP Loss Protection was designed to fill in the gap. When accidents occur, insurance companies only pay the actual cash value of your vehicle, so we cover the difference between the actual cash value and the balance.
Coverage exclusions and limitations may apply, including total losses resulting from the Purchaser's dishonest, fraudulent, or illegal acts (such as DUI), or those committed by Purchaser's family member or other person acting under the Purchaser's authority; and vehicles used for competitive driving, racing, or a prohibited commercial purpose. Additional exclusions may apply. All transactions related to the optional Guaranteed Asset Protection (GAP) product are governed solely by the provisions of the Addendum. Please refer to the GAP Deficiency Waiver Addendum for details of terms, conditions, and specific coverage details, including limitations and exclusions. Coverage may vary by state.
24/7/365 roadside assistance that includes change of tire, delivery of gas, oil, or water, jump start, locksmith service and towing
Will pay or waive the difference between the actual cash value and net loan payoff in the event of a total loss
Prepaid maintenance programs that include oil and filter changes, 20 point inspections, fluid top offs, routine lubrications and tire rotations at any AutoNation store.
A mechanical breakdown service contract that covers the costs of parts and labor for covered repairs
Unavoidable dents are a thing of the past with this plan's unlimited repairs..
Offers a proven theft deterrent to scare away thieves and provides financial benefits if your vehicle is stolen. Also, includes identity protection benefits.
A policy that covers the repair or replacement of your tires and or wheels due to damage from a road hazard.
Covers a wide array of the most common charges when it's time to turn-in your lease
Your view of the road will stay crystal clear with this plan which covers repairs of chips and cracks, or replacement of the windshield if the damage is irreparable.
Turn back the clock on your car with a plan to make sure it stays as beautiful as the day you bought it, inside and out