but if your vehicle is stolen or damaged beyond repair, it's likely that your primary insurance settlement will not cover your vehicle's loan or lease payoff.
GAP covers the difference between your primary insurance settlement and the payoff on your auto loan or lease. Give yourself peace of mind, financial stability, and the ability to finance or lease a new car with Guaranteed Auto Protection.
| Your insurance settlement in the event of a total loss | $12,000 |
| Lease/Loan Payoff | $15,000 |
| Shortage | $3,000 |
| GAP Settlement | $3,000 |
The GAP
Program does not eliminate the need for an automobile insurance policy. This
advertisement is not a GAP agreement. The details of the GAP program are
specified in the GAP agreement. All authorized settlements are subject to the
terms and conditions listed in the GAP agreement. In some circumstances, all
the GAP liability may not be covered.