Guaranteed Asset Protection

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In the event the vehicle is deemed a Total Loss by the vehicle insurer, the difference or “gap” between the outstanding balance on the finance contract and the adjusted settlement amount paid by the insurer is paid. 

• Up to $1,000 of your deductible will be covered for an eligible claim.

• Coverage available on loans with a term of up to 96 months and leases with a term of up to 60 months.

• Coverage available for automobiles, minivans, SUV’s or light trucks with a selling price of up to $100,000 and a rating of less than one ton.  Used vehicles are eligible if they are current + seven model years.

• Limitations apply where the amount financed is more than 150% of the Purchase Price. Vehicles used for any type of commercial purpose are not eligible.

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Market Value Protection

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• In the event that your vehicle suffers physical damage greater than $5,000 paid by the vehicle insurer, a benefit of $5,000 will be paid at the time the vehicle is traded in. 

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Dealer Loyalty Credit

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• A $500 loyalty credit will be paid when you purchase a replacement vehicle from the original dealer within 30 days of the Date of Total Loss. 

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Car Rental Benefit

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• Up to $50 per day for up to 5 days will be paid to reimburse you for expenses incurred by you for a rental vehicle from the Date of Total Loss until delivery of a replacement vehicle, provided that the rental car benefits under your vehicle insurance policy have been exhausted.