Guaranteed Asset Protection (GAP)
Guaranteed Asset Protection (GAP) is an optional product that helps borrowers and lenders avoid financial loss by waiving all or a portion of the deficiency between a borrower's payoff amount on their auto loan and the determined actual cash value of a vehicle in the event a vehicle is totaled or stolen, subject to a loan-to-value maximum.
Depreciation Protection
Offers borrowers with low loan-to-value ratios an alternative to GAP, protecting the positive equity in an auto loan. Depreciation Protection provides a benefit equal to the MSRP or retail value established at enrollment, minus the amount of the loan balance at the time of total loss. Benefit maximums apply.
Mechanical Breakdown Protection
Provide borrowers with valuable peace of mind and protection against unexpected and costly vehicle repairs.
Debt Protection / Credit Insurance
Protect the financial well-being of a borrower should an unforeseen event occur, such as a death, disability, or involuntary loss of employment. Depending on the event, a borrower's loan is canceled as a lump sum or on a monthly payment basis.
Accidental Death and Dismemberment
Accidental Death and Dismemberment (AD&D) acts as an alternative or supplement to other insurance. AD&D insurance includes coverage for fatal and nonfatal accidents involving dismemberment or loss of eyesight or hearing. Availability varies by state.
Vehicle Protection Plan
Keeps the consumer's car looking new by covering the cost of unexpected issues with tires, wheels, keys, body parts, and more!
Collateral Protection
Full tracking of your auto and mortgage portfolios through Collateral Protection (CPI) or VSI blanket coverages.