
FINANCIAL GAP

Protecting Your Credit and Investment With GAP Coverage
AvantaGuard GAP Coverage protects you, your investment and even your credit. You can be confident that your deficiencies and deductibles will be paid off in the event of a total loss.
WHAT IS GAP COVERAGE?


In the event of a total loss, the value of the vehicle will probably be less than the amount you owe. If this is the case, you are left with the responsibility of paying the difference between your insurance company settlement and your original loan or lease amount.
(Guaranteed Asset Protection)
HOW AVANTAGUARD GAP COVERAGE WORKS
Let’s say that at the time of your vehicle loss, your loan balance is $30,000. The insurance company places the vehicle’s value at $26,000. After a $1,000 deductible they provide a settlement of $25,000. You still owe $5,000 on a vehicle you can no longer drive and you still need a new car. This is where having AvantaGuard GAP coverage becomes really important.*
Purchasing AvantaGuard GAP coverage can help you avoid paying thousands of dollars on your loan or lease, in addition to having to purchase a replacement vehicle.
*This is an example only. Please refer to the policy for guidelines, eligibility, coverage and limitations.
COMMON RISKS
- Collision
- Total Loss
- Vehicle Theft
- Natural Disaster
BRIDGE THE GAP

GAP 125: Option 1
- No waiting period—coverage begins immediately
- Helps protect your good credit rating
- Protects new and used vehicles
- Protects vehicles valued up to $100,000
- May cover your insurance deductible up to $1,000
- Covers losses up to $15,000
- Coverage up to 125% of the vehicle’s value
GAP 150: Option 2
- No waiting period—coverage begins immediately
- Helps protect your good credit rating
- Protects new and used vehicles
- Protects vehicles valued up to $100,000
- May cover your insurance deductible up to $1,000
- Covers losses up to $50,000
- Coverage up to 150% of the vehicle’s value
Safely Bridge the Gap.
With AvantaGuard GAP coverage you won’t need to worry about the difference between your insurance company settlement and your loan or lease amount in the event of a total loss.