Holm Automotive Center

Protection Plan

GUARTANTEED ASSET PROTECTION

GAP

Are you sure you have Full Coverage Protection?

• Are you financing more than 75% of your vehicles MSRP?
• Are you financing any negative equity?
• Are you financing your taxes?

If you answered?  Yes to any one of these questions?  You do not have full coverage protection!

Your auto insurance policy is only obligated to pay the actual cash value of your vehicle, not the loan amount in the event of a total loss.

Guaranteed Asset Protection (GAP) gives you complete assurance! If your vehicle is deemed a total loss, GAP helps take care of the difference between what your insurance company pays and the loan amount.

Protect yourself and get Full Coverage Protection!

How GAP payment works:

(GAP GRAPH .EPS)

*The above examples are for illustration purposes only. In some circumstances (such as past due payments, deferred payments, interest charges, delayed insurance settlement, or other plan limitations) the Guaranteed Asset Protection may not take care of the entire GAP. Programs vary by state. For complete terms and conditions, see the Debt Waiver Addendum/GAP Certificate applicable to your state.