Guaranteed Asset Protection (GAP) protects your customers when they experience a total loss of their vehicle. Many times, a customer will owe more on their loan than their primary insurance will pay for the loss. GAP pays some or all of the difference between the outstanding loan balance and primary insurance settlement.

As an Independent general agency, Dealer Associates offers a variety of both GAP programs and industry leading program administrators in order to meet the specific needs and risk tolerance of each dealer partner. Due to our diversified GAP portfolio, as your needs change we offer multiple program options to fit the need.

GAP programs increase upfront profits in the Finance department and in addition, our dealer partners also have the option to participate in the underwriting profits (reserves available after claims are satisfied) and investment income (interest earned on claim reserves) through reinsurance.

We have GAP programs available for the following:

  • Franchised Automobile Dealerships
  • Independent Automobile Dealerships
  • Recreational Vehicle Dealerships
  • Powersports Dealerships
  • Boat/ Marine Dealerships

A few of our GAP vendor partners include:

  • CNA National
  • Innovative Aftermarket Systems (IAS)
  • Customer Service Center, Inc. – MIC Property & Casualty
  • Premier Dealer Services – Great American Insurance
  • Protective Life Insurance Company

Contact us today for a free, no obligation analysis or for more information regarding our GAP programs.