If your vehicle is declared a total loss due to an accident, theft, or natural disaster, your primary insurance company may only pay you for the amount equal to their assessment of the market value of your vehicle at the time of the total loss, less your deductible amount. Unfortunately, there may be a significant “gap” between what your primary insurer pays and the balance you owe on your vehicle finance
agreement.

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The Guaranteed Asset Protection (GAP) product may help protect you by waiving some or all of the difference.

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*Additional exclusions may apply. Please see your limited warranty agreement for specific coverage details, including limitations and exclusions.