If your car were a total loss, GAP PROTECTION may assist you if there is a difference between the auto insurance settlement and your remaining finance contract balance.
GAP PROTECTION should be considered if you:
- Plan on financing or leasing your next vehicle
- Financing a vehicle longer than 48 months.
- Intend on driving your new purchase more than average, which reduces a car’s value more quickly.
- If you are rolling your trade vehicle’s loan balance to the new purchase.