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Gap Protection
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Gap Protection protects your credit and your
investment. |
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 | The book value of a vehicle often decreases more rapidly than
the amount owed leaving a gap in coverage. |
| Did you know that in the event your vehicle is a total loss,
your primary automotive insurance may not provide enough money to
pay it off or replace it? |
| Every year, over 8 million vehicles are totaled in events such
as collision, theft, and natural disasters. Very often, your
insurance settlement is thousands of dollars less than what you
still owe on your auto loan? |
| Why? It is due to conservative insurance settlements,
longer-term loans, higher costs for new and used vehicles,
interest fees, and the use of accelerated depreciation schedules.
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| If catastrophe strikes, you are responsible for the difference
between the insurance value of your car and your outstanding loan
balance. |
| YOU could end up paying thousands of dollars out of your own
pocket for the difference on a car that you no longer own.
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Now you can obtain Gap Protection for a few dollars
a month |
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| Protect your investment and your credit rating. |
| That's protection you can use! A totaled vehicle should not
create a financial hardship, cost you out of pocket money, or
reduce your ability to replace your vehicle. |
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