GAP
Protects You…
Service
provided by Evens & Simpson
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All
risk protection fire, theft, collision, or any insured
peril |
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Protection
for new and preowned vehicles, leased or purchased |
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Protection
for the entire term of the loan or lease |
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Minimal
monthly cost |
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Totally
insured, multifaceted program, underwritten by an A-rated
admitted insurer |
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Did
You Know…
- The market
value of your new vehicle starts to depreciate the moment you
take possession.
- If your vehicle
is totaled or stolen, your insurance usually does not cover the
entire amount you owe on a lease or a loan.
- If a total
loss occurs, you may have to pay the difference, the gap, between
what you owe, and the actual cash value of your vehicle, from
your own pocket.
- Now, buyers
and lessees of new and preowned vehicles can obtain a product
that will pay off loan and lease balances and that could help
in the purchase or lease of a new vehicle!
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