WebIn the event of a constructive total loss of your vehicle, GAP will, in most cases, cover the difference between: (A) the smaller of the actual or scheduled payoff balance owed under your original financing agreement (net of certain refunds, if applicable), and (B) the value that the auto insurance carrier has placed on your vehicle for ... WebAlso, if the insurance company valuation used to calculate the Actual Cash Value is less than 90% of the NADA value of your vehicle, the NADA value will be used in determining the "gap" amount waived (which means a smaller amount may be waived). The Plan excludes total loss claims denied by your automobile insurance company.
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WebFeb 20, 2024 · GAP insurance bridges the difference between the current market value of your car and how much you paid for it if you write the car off. Compare quotes today. ... (FCA) for insurance mediation activity under firm reference number 465053. You may check this on the Financial Services Register by visiting the FCA website. … WebIf your car is declared a total loss through theft or accidental damage and you still owe more on your finance or lease contract, GAP may reduce or even eliminate your remaining balance. 2. Deductible Coverage. Our GAP coverage may cover up to $1,000 of your auto insurance deductible (if applicable and permitted by state law). 1 pomona pitzer women\\u0027s lacrosse schedule
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WebFor more information or help with this process, please email or call us. Email: [email protected] (Attention: GAP Claims Dept.) Phone: 800-521-2774 on … WebKey Features. The cost for the optional GAP Loss Protection Program can be included in your finance contract or vehicle lease agreement. Available on loans or leases up to 84 month terms. Terms greater than 84 months will be re-amortized to 84 months. Cancelable within 60 days for a full refund. After 60 days refund will be calculated pro-rata ... WebGSFSGroup® offers GAP products with responsible pricing to help save money and offer peace of mind. Our products ease the customer’s financial burden associated with the total loss of a vehicle during the term of coverage. This way, customers can focus more on purchasing another vehicle, and less on the financial risk required to own one. pomona post office ny