First Class Guaranteed Auto Protection.
Relax, you're covered.
First Class Guaranteed Auto Protection (GAP) not only covers the gap between the amount your insurance company will pay and the balance owed for a vehicle stolen or declared a total loss, it also reimburses you for the out-of-pocket insurance deductible.Understanding GAP coverage features:
- Make a minimal down payment
- Carry negative equity into financing agreement
- Choose longer terms for lower payments
- Avoid out-of-pocket insurance deductible expense
- Provides coverage up to $100,000
- Covers primary insurance deductible up to $1,000*
- Available on all finance contracts up to $200,000
You purchase a $60,000 vehicle. Seven months later, you get into an accident and your vehicle is declared a total loss.
$55,000 Loan Payoff
- $50,000 Vehicle's Fair Market Value
+ $1,000 Insurance Deductible
$6,000 Potential out-of-pocket expense
- $6,000 Covered by First Class Guaranteed Auto Protection
$0 Amount you owe
This is an optional product offered and administered by Zurich. Certain exclusions apply. May not be available in all states or for all vehicle models. This product is available at the time of vehicle sale only. Please see your dealer for more information and refer to the First Class Guaranteed Auto Protection Contract and Application for details and exclusions.