GAP Insurance
Insures the difference between the primary insurance carrier’s payment (ACV) and the lease payoff in the event of a total loss or theft.
Coverage is provided per the provision in your lease agreement, with maximum for 125% of LTV, and $50,000 maximum claim payment, No Deductible Coverage
- 0-48 months per lease rate is $80
- 49-63 months per lease rate is $90