Guaranteed
Asset Protection
WHAT IS GAP COVERAGE ?
Imagine you have an accident only a year after purchasing your vehicle. The vehicle’s book value is $15,000, but you still owe $20,000 on your auto loan, and the insurance company will only pay you $14,500 after your deductible. You’re left with a $5,500 gap that you have to pay.
With GAP Coverage from Total Care Auto Powered by Landcar, we can cover that difference.* And, in certain situations, we may cover your insurance deductible as well.
Protect your investment and yourself against the financial burden of paying for the difference between the amount you owe on your loan and the actual cash value (ACV) of your vehicle at the time of total loss due to accident or theft with GAP Coverage—one of the many ways Total Care Auto Powered by Landcar gives you peace of mind for the road ahead.
Notwithstanding the above, this is not considered an offer of services provided. Only your contract will govern all benefits, exclusions, and terms of your coverage.
