Guaranteed Asset Protection (GAP)
If the unexpected happens to your vehicle, you could lose more than just its value - you could lose your vehicle investment. If you get an accident where your car is totaled, and let's say you owe $10,000 and your car is worth $8,000, you could be paying
the $2,000 difference out-of-pocket! With GTE's GAP, you can bridge the "gap" between the amount you owe and the amount your auto insurance company pays.
With GAP Coverage, You'll Enjoy These 4 Great Benefits!
1. Low-cost protection for only $499 with a 60-day free look
- You can finance the $499 with your GTE auto loan, so it equates to a small monthly payment
2. Protection for the term of your loan/lease up to 84 months*
- Only available on GTE auto loans
- Available on purchases and refinances
3. You can add GAP to your GTE auto loan at any time, even after you've closed or left the dealership!
4. Plus, receive Deductible coverage*
Now GAP offers even more protection with Auto Deductible Reimbursement! If you file and pay a deductible for a comprehensive or collision claim for any vehicle you own and insure, you get up to $500** reimbursed!
GAP can easily be added to your vehicle loan contract. Speak with a Member Advocate at any Community Financial Center or call us at 813-414-6787 ext. 40433 for more details and to purchase this protection.
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