Industries Served > Automotive > Value Added Services > GAP Insurance

GAP INSURANCE
Often vehicle owners experience an unpleasant surprise after filing a theft or damage claim on their financed or leased vehicle. To their shock, they find that most insurance policies only cover the actual cash value of a vehicle and not the purchase or replacement price. The actual value plus a deductible often leaves a tremendous “gap” between what the insurer pays and what the customer ultimately owes to the finance company or the lease originator.

The Spectrum Gap Program creates an extraordinary benefit for your customers. The program generates value to your dealership and goodwill towards your dealership by offering a protection plan that removes the aftershock and consumer ill will. By combining the backing of an insurance company with training and customer service, you are able to offer your customer financial protection and peace of mind.