GAP Protection
Vehicle GAP Insurance
Increase customer satisfaction, and improve your profitability.
If a customer totals their car, the insurance company may place a value on the vehicle that is less than the amount that the customer owes on the loan or lease. In addition to the deductible, the customer is now responsible for the remainder of the loan or lease.
GAP protection insurance takes care of the remainder of the loan or lease brought on by a low insurance settlement. Offer your customers peace of mind through a full settlement policy that covers up to 150% of the retail cost of their vehicle including the deductible.
All of Vanguards’ GAP Vehicle Insurance policies are approved by all lenders.
GAP Protection
Guaranteed Asset Protection (GAP) can help cover the difference and potentially save thousands of dollars for your customers. GAP coverage offers peace of mind, ensuring financial protection in case of an accident or theft. Prioritizing safety, GAP insurance policies effectively close the financial gap between the primary insurer’s settlement and the outstanding balance on the vehicle at the time of loss.