Generate more revenue, provide borrowers peace of mind
GAP Insurance provides borrowers with additional financial security in the event of a total loss by addressing possible differences in the insurance settlement and outstanding loan value. The van Wagenen GAP Insurance is available for lenders and dealers looking to build revenue and protect borrowers. Private labeling is available.
GAP insurance provides financial security in the event of a total loss by addressing possible differences in the insurance settlement and outstanding loan value. The coverage cancels debt and helps protect the borrower’s credit rating, assuring them of a positive financial transition.
Industry-leading customer service and claim processing ensure a positive reflection on you.
- Financing limit of 150% MSRP
- Loans and leases up to 84 months
- New and used vehicles up to $100,000
- Gross vehicle weight up to 12,500 lbs.
- Limited vehicle exclusions
- Option to private label
- Tiered rates based on the term of the loan
- All-risk protection for collateral
- A-rated carrier with proven performance
- Customer focused customer service
- Fast, accurate claims processing