Learn how Guaranteed Asset Protection (GAP) can help bridge the gap between what your insurance will pay and what you owe on a contract in case your car is stolen, totaled or in an accident.
GAP Coverage: Protect Your Investment
GAPCoverage is designed to protect your investment. If your Ford is stolen and not recovered or if it’s declared a total loss, your insurance company may not pay enough to satisfy what you still owe.
GAPCoverage bridges the gap between your finance balance and your vehicle’s insurance settlement plus up to $1,000 towards your deductible. It can prevent you from owing money on a vehicle you no longer own and help get you back on the road (subject to conditions).
If you want additional peace of mind, GAPAdvantage provides a $1,000 credit toward the cost of a replacement vehicle from your originating dealer (where available).
GAPCoverage delivers protection for a carefree ownership experience.
Download GAPCoverage Brochure
Download GAPAdvantage Brochure
Exclusions
GAPCoverage/GAPAdvantage does not provide benefits when loss or damage occurs:
Due to fraud or intentional damage by you
Prior to the total loss date
Outside the U.S. or Canada
After the redemption period following a repossession
Due to legal confiscation by a public official
If licensed, registered/titled in business name or used for business or has a salvage title
Additional Exclusions include:
Late charges, delinquent payments and deferred payments
Various refundable amounts due to you for early cancellation of financed products
Termination and disposition fees
Additional limitations apply. Be sure to review all limitations outlined on your GAP addendum.
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