GAP and Auto Deductible Reimbursement

GAP Insurance
Gap insurance covers the difference between what the car is worth and what you owe on the car. It comes into play if the car is stolen or totaled (damaged to the point that repair would cost more than the car is worth) while the owner is still making payments.

 

Auto Deducible Reimbursement
Included as part of our GAP insurance, the deductible reimbursement pays up to $500 per loss when a claim is filed and paid with the primary insurance carrier for up to 3 years after the policy is purchased.