If your vehicle is stolen and not recovered, totaled in an accident, or damaged beyond repair due to
a natural disaster, your auto insurance alone may not pay everything you owe. Insurance typically
pays the vehicle’s actual cash value rather than the amount remaining on your loan. This could leave
a financial “gap” of thousands of dollars.
Guaranteed Auto Protection offers financial protection and peace of mind, waiving or cancelling the remaining
balance of your vehicle loan, after the payment from your insurance company.* Insurance deductible
of up to $1,000 may also be covered.