Guaranteed Asset Protection
If your vehicle is stolen or totaled, insurance may only reimburse for the value of your car, which may not cover the full amount of your auto loan.
GAP steps in to reduce or eliminate any out-of-pocket expense for the remaining loan balance after a total loss occurs.
- Flat fee that can be financed into most loans (or purchased with cash)
- Protects your credit rating
- Covers losses that your primary insurance company may not
- Hassle-free, with no underwriting
- Ability to purchase a replacement vehicle sooner because there is little to no carry-over balance
Includes an additional $1,000 Advantage Benefit
- Reduces the loan of a replacement vehicle, if financed with Sound within 90 days
- Guaranteed benefit if there is no deficiency balance owed
Auto Deductible Reimbursement (ADR) is a complementary benefit included with each automobile GAP policy
- Pays up to $500 per loss when a loss is filed and paid by your insurance
- ADR coverage extends to ANY automobile you own and insure
- 3-year coverage term