GAP:
Guaranteed Auto Protection (GAP) offers protection against financial liability for individuals who finance a new or used vehicle. This is referred to as the gap. GAP coverage was created to protect the consumer from these risks and provides:
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Coverage terms up to 84 months
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Coverage available in all states
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Automobile coverage for both new and used vehicles
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Protection of your customer’s credit rating
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Increased loan/lease product sales
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Additional source of income
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Increased repeat sales opportunities
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Reinsurance program
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