(Guaranteed Asset Protection)
When you buy a new, used, or recreational vehicle there’s no way to know if it will be stolen or totaled in an accident. With the purchase of GAP Plus (Guaranteed Asset Protection), you’re protecting your vehicle investment against a possible financial loss. GAP Plus will cancel the difference between the primary vehicle’s insurance settlement and what you may still owe on your vehicle loan. In addition, it will cover $1,000 of your next auto loan with Proponent, when you purchase a replacement vehicle within 60 days of your primary insurance settlement.