Preferred Ford of Grand Haven

Guaranteed Asset Protection (GAP)


With GAP, we've got your vehicle covered.

You can’t always tell what the road ahead might bring. Newly purchased vehicles depreciate the second they’re driven off the dealer’s lot. In most cases, when a vehicle is stolen or totaled in an accident, you could owe more than your insurance company will pay. Are you prepared to pay the difference?


Guaranteed Asset Protection (GAP coverage) is a way to help cover the difference between what the insurer pays and the amount you still owe on your loan or lease. GAP is for drivers looking for added security against unforeseen circumstances, such as theft, fire, or natural disasters, resulting in a total loss.

Remember: The actual cash value of your vehicle determines how much your policy pays. Don’t get stuck paying for a car you no longer have. GAP can help provide peace of mind in the event of a total loss.






GAP Digital Brochure