Auto Shield's Guaranteed Asset Protection
Help safeguard customers with Guaranteed Asset Protection to protect them from unexpected curve balls—like an accident that’s considered a write-off, or an unrecovered theft—leaves them in a negative equity situation because their insurance provider will not cover the amount owing on the vehicle.
Guaranteed Asset Protection (GAP) is the only insurance that can protect them, with benefits including:
Traditional GAP provides the first layer of protection
GAP Replacement Finance
GAP Replacement provides the first layer of protection and provides a replacement subsidy.
GAP Return to Invoice Leases
Gap Return to Invoice pays the difference between the insurance marketplace value at the time of loss and the original invoice price on the amount of the outstanding contract. Whichever is higher.
GAP Deferred Leases or Finance
GAP Deferred coverage starts after the coverage in place for (Waiver of Depreciation) through the motor vehicles insurance has expired.
Please refer to your service contract for specific terms & conditions of coverage or contact us.
Drive with Certainty!