Total Loss Coverage (TLC) Gap for Autos, Vans & Light Trucks

Coverages & Features
Vehicles covered include four wheeled private passenger vehicle, vans or trucks which do not exceed 12,500 GVW (gross vehicle weight) and are not used for commercial purposes.
Franchised Coverages and Features:
Maximum Gap Term |
84 months on new and used automobiles* |
Maximum Amount Financed |
$125,000 |
Maximum Loan-to-Value |
150% MSRP/NADA |
Maximum Vehicle Age |
Unlimited - as long as vehicle is listed in NADA new/used car guides |
Maximum Vehicle Weight |
12,500 lbs. |
Maximum Benefit Amount |
$50,000 |
Deductible Reimbursement |
Up to $1,000 |
Non-Franchised Coverages and Features:
Maximum Gap Term |
84 months on new and used automobiles* |
Maximum Amount Financed |
Unlimited |
Maximum Loan-to-Value |
125% MSRP/NADA |
Maximum Vehicle Age |
Unlimited - as long as vehicle is listed in NADA new/used car guides |
Maximum Vehicle Weight |
12,500 lbs. |
Maximum Benefit Amount |
$50,000 |
Deductible Reimbursement |
Up to $1,000 |
*Gap Term must equal Loan/Finance Term
Insured through two best "A" rated insurance companies.
Product available only through participating dealerships.