GAP financial protection warranty saves you from making payments on a vehicle you no longer have. GAP protects you from the negative equity realized up to $40000 when there is a variance between your outstanding loan amount and the amount paid by your standard primary insurance policy for the described vehicle in the event of Total Loss, following a Theft, accident or Fire.

GAP financial protection pays the difference if you experience a total loss of your vehicle, you could be responsible for paying thousands of dollars which is called negative equity and it’s fairly common.