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Marthaler Chevrolet of Glenwood 

GAP INSURANCE

Zurich
    GAP - Guaranteed Auto Protection
    If your vehicle is stolen or damaged beyond repair, your auto insurance alone may not pay everything you owe. Vehicle insurance typically pays the vehicle's actual cash value rather than the amount remaining on your loan or lease, which could leave a financial "gap" of thousands of dollars.
    GAP insurance gives you financial protection and peace of mind. GAP insurance provides up to $50,000 of the remaining balance on your loan or lease, after the payment from your insurance company.* Your deductible of up to $1,000 may be included in this balance. (Deductible benefit may vary by state.)
    GAP insurance benefits:
    • Pays up to $50,000 of loan balance or lease balance 
    • Helps maintain your good credit 
    • Covers negative equity 
    • Insurance deductible up to $1,000 may be included if the amount you owe on the vehicle exceeds your settlement payment 
    • One-time low cost makes it affordable 
    • Convenient because it's sold in conjunction with the vehicle purchase 
    • GAP is provided for the term of your loan 
    *GAP payment could be limited if the amount of the loan or lease exceeds a certain percentage of the actual value of the covered vehicle. Actual payments vary and there may be amounts for which you remain liable. Please consult your GAP insurance agreement for full details of the terms and conditions of this coverage. 
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          Customer Reviews (431Reviews)

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