GAP protects your customers when their vehicle is stolen and not recovered, or is otherwise damaged beyond reasonable repair, and your customer's insurance is not sufficient to pay off the outstanding loan or lease balance.

This "gap" between the actual cash value (ACV) of the vehicle at the time of loss and the outstanding finance contract balance must be paid by your customer. If the gap is paid for in cash, your customer has less money available for the purchase or lease of a replacement vehicle. If the difference is rolled into the cost of the new vehicle, your customer may have to choose a less desirable vehicle in order to reduce the monthly payment. Either way, your customer still has a deductible to pay and neither your customer nor your dealership benefits from the transaction.

Premier Dealer Services' Guaranteed Auto Protection (GAP) offers a double benefit: protecting your customers against these expenses and generating additional profits for your dealership. Your dealership enhances its relationship with your customers and gains customers who are more likely to return for their next vehicle purchase.

This product is underwritten out of our Home Office in Cincinnati. As a service, FIS will assist our agents in: making contact with the Underwriter, obtaining an Application, and presenting submission material for review by the Underwriter.