What is Guaranteed Asset Protection (GAP)?

If your vehicle is totaled or stolen within the term of your loan, your insurance company only pays the actual cash value of the vehicle at the time it is totaled or stolen. In some cases, this amount may be less than what you owe on your loan. GAP serves as additional protection that will pay off the remainder of your loan balance, in essence, “forgiving” the rest of your loan.


Looking to get your dream car on the road?

Enjoy a more affordable monthly payment, opportunities to lower your loan interest rate, and perks to protect your purchase:

  • Activate AutoPay and receive a special interest rate discount
  • Tailor the terms of your loan to your unique needs

Get started today and apply now!