Build relationships …and your bottom line.
Financing a vehicle can feel like a huge risk. If something happens to a customer's vehicle before their loan or lease agreement is paid off, the impact can be devastating. But you can help protect your customers with Guaranteed Asset Protection. GAP can help pay the difference between what an insurer pays and the amount still owed on the loan.
Guaranteed Asset Protection
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GAP at Assurant
When you offer your customers GAP protection, you’re not just adding a new source of income. You’re building a relationship. By helping your customers plan for the unexpected, you’re building trust and a customer base that returns to your dealership year after year, and recommends you to others.
As a GAP coverage provider, we offer coverage as a waiver to your customer's retail installment sales contract or lease contract. Our program is backed by Virginia Surety Company, Inc., an A. M. Best A (Excellent) rated property and casualty insurer. And our GAP coverage's benefits are easily assignable to a creditor.
As a GAP coverage provider, we offer coverage as a waiver to your customer's retail installment sales contract or lease contract. Our program is backed by Virginia Surety Company, Inc., an A. M. Best A (Excellent) rated property and casualty insurer. And our GAP coverage's benefits are easily assignable to a creditor.