Extreme GAP

Guaranteed Asset Protection

Primary Settlement GAP for a higher customer satisfaction for dealers! Available to franchise dealers, pre-owned dealers, banks, and credit unions.


  • Primary settlement GAP.
  • Fully earned at time of loss.
  • No cancellations at the time of loss.
  • Available on loans financed up to $125,000.
  • Maximum loan term is 96 months.
  • $50,000 maximum GAP settlement.
  • Deductible coverage up to $1,000.
  • Maximum amount of benefit covers up to 150% of MSRP/NADA value.

Coverage Details

Primary Settlement GAP

  • No GAP within a GAP; true GAP benefit.
  • No “greater of” language means no hassle in determining GAP benefit.
  • Higher customer satisfaction for dealers.
  • Fully cancellable in first 30 days. Thereafter, pro rata, less a $50 cancellation fee.

Fully Earned at Time of Loss

  • Increased revenue for dealership.
  • Less office administration needed.

Program Restrictions:
· Available to franchise dealers, non-franchise dealers, banks, and credit unions · Maximum 150% of MSRP/NADA · Maximum loan term is 96 months · Unlimited APR · Maximum GVW of 12,500 lbs.

Programs vary by lender/dealer and state; refer to your eXtreme GAP Addendum for all terms and conditions.

This page is not a contract and programs are subject to change. Complete details, terms and conditions are in the Service Contract and should be reviewed. Contracts are underwritten by A.M. Best “A” rated insurers. Some benefits are not allowed in some states—these benefits would be excluded from coverage.