(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) for a one-time fee of $499, 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 120 days of your primary insurance settlement.