Guaranteed Asset Protection (GAP)
Though we hope it never happens, accidents do occur. If you vehicle is totaled in an accident, or is stolen and unrecoverable, your insurance company may only pay out the vehicle’s cash value. Because vehicle values depreciate quickly, this is can be thousands less than what you owe on your loan balance. GAP can save your from having to pay out of pocket to cover the difference.
- Autos, as well as motorcycles, jet skis, snowmobiles, and ATVs.
- Loan terms up to 84 months
- Loan amounts up to $100,000
Should you need to use your GAP protection, we’ll be sure to make your claim process* seamless, so you can focus on getting back on the road.
Report Your Claim
Report your claim to your primary insurance company or agent.
Verify the damages to your vehicle have been determined to be a total loss, or your vehicle has been stolen and not recovered.
Determine the total amount your insurance claim will provide.
Report to Affinity Plus
If your insurance claim funds don’t cover your full loan balance, report the claim to Affinity Plus.
Affinity Plus will help you gather the needed documentation so your loan balance can be paid in full** and you can start focusing on your safety and your next vehicle.