GAP/GAP Plus

GAP protection waives the difference between the amount owed* on your retail installment sales contract/lease agreement and the actual cash value on your vehicle at the time of a total loss. GAP is a unique coverage program that protects you from financial disaster in case your vehicle is stolen or totaled.  Here’s why: as your vehicle gets older, the actual cash value (ACV) declines, while your lease or loan balance may remain higher than what the insurance company will pay you. You are then liable for the difference between what the insurance company pays you and what you owe. Many people do not realize that they are responsible for that balance owed on the vehicle. GAP protection waives the difference between the amount owed* on your retail installment sales contract/lease agreement and the actual cash value on your vehicle at the time of a total loss. In many states, even your deductible is covered! GAP Plus includes a $1,000 benefit toward the purchase of a new vehicle. GAP Plus is not available in all states.

Protect Your Investment with NAS GAP Protection

  • 96 Month Maximum Term
  • 125% and 150% MSRP/NADA
  • $125,000 Maximum Financed Limit
  • Commercial Use Coverage Available
  • OEM Approved Forms

* The amount owed does not include missed payments, payment extensions, deferred payments, accrued interest, late fees, disposition fees, penalty fees, early termination fees, or finance charges incurred after the date of loss. Depending on the plan purchased, amounts financed in excess of 125% or 150% of the MSRP of your new car or NADA retail value of your used car will not be waived and you will own these over-financed amounts even after a total loss. See contract for exact coverages, exclusions and limitations.

Not all benefits available in all states. Please see contract for specific terms & conditions.

Key/Remote Replacement