Guaranteed Asset Protection (GAP)
GAP (Guaranteed Asset Protection) coverage boosts trailer dealership profits by over $300 per financed trailer by covering loan-insurance gaps if a trailer is stolen or totaled. It includes up to $1,000 of the deductible, applies to all trailer types, and supports reinsurance and DOWC programs.
How It Works
- Covers the gap between insurance payout and remaining loan balance if a trailer is stolen or totaled
- Includes up to $1,000 toward the insurance deductible
- Applies to all trailer types and supports reinsurance and DOWC programs
Start Your Own Profitable Warranty Program Today.
Why Would I want to Offer One
- Increase Profit: Earn an extra $300 or more per financed trailer sold.
- Add Value: Give your customers peace of mind and financial protection.
- Differentiate Your Dealership: Offer a service most customers don’t know they need—until they do.
- Easy Integration: Works with reinsurance and Dealer-Owned Warranty Company (DOWC) programs.