GAP
Your financial safety net
Guaranteed Asset Protection (GAP) helps shield you from financial loss if your vehicle is totaled and your insurance payout doesn’t cover the remaining balance on your loan or lease. GAP may cover the difference between what your insurer pays and what you still owe, providing added financial security in a worst-case scenario.
Product Type: Vehicle Protection
Additional Benefits
- Optional coverage: Commercial use, Swickard GAP Plus
- Ability to roll cost into your monthly payment
* Additional coverage is available to cover the amount of your physical damage deductible on the primary carrier’s policy up to $1,000 under the Swickard GAP Plus program.
Coverage details
See contract for full coverage details
What's not covered
Towing charges, rental fees, storage charges, administrative fees, salvage value, damage resulting from bodily injury or property damage liability, physical damage, medical payments, personal injury protection, uninsured motorist, underinsured motorist, self-financed vehicles, loss as a result of criminal acts, misrepresentation of fact, race or speed contest, vehicles classified as a lemon, resulting from wear and tear, gradual deterioration, obsolescence, rust, corrosion, latent defect, inherent vice, freezing, overheating. Please refer to contract for exact details
How GAP Works
