GAP coverage waives the difference between an outstanding loan balance and the actual cash value of a vehicle in the event of a total loss.
For franchise dealers we offer coverage up to 150% MSRP on new vehicles or 150% NADA average retail value for used vehicles.
Non-franchise dealers can get coverage up to 125% MSRP on new vehicles or 125% NADA average retail value for used vehicles.
Pays up to $1,000 of customer's primary insurance deductible
Maximum terms of 84 months
Maximum amount financed: $100,000
Limit of liability: $50,000 per payable loss
Special forms available for FMC and TFS
Reach out to us today to learn how Helm can help drive your business forward.