You could lose more that your vehicle, boat, motorcycle, or RV if it is stolen or involved in a major accident. You could lose your investment. Because most insurance policies only cover the value of your vehicle - something that rapidly declines during the first few years of ownership - your loan or lease balance could be higher than the value of your vehicle.

Now you can protect your vehicle, boat motorcycle, or RV investment with Guaranteed Asset Protection (GAP). GAP is a non-insurance product and is made available via a loan/lease deficiency waiver that covers teh "gap" between the vehicle's value and the amount you stil owe. Essentially, GAP protects you and your entire investment from substantial loss.

GAP was designed for all drivers, whether you finance or lease a new or used vehicle. Automobiles, vans, light trucks, motorcycles, boats, travel trailers, motor homes, golf carts, jet skis, snowmobiles, and almost any other vehicle* are eligible. GAP protection goes into effect when you need it most - when your vehicle is stolen and isn't recovered, or is totaled in an accident and can't be repaired.

GAP covers the difference between your primary carrier's insurance settlement and the payoff of your loan or lease, less delinquent payments, late charges, refundable service warranty contracts, and other insurance related chargees. Included in this difference is your insuarnce deductible, which is limited to $1,000.**

*Please consult your finacial representative to determine if all of these collateral types are eligible for GAP protection.