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Total Loss Coverage (TLC) Gap for Commercial Vehicles
Coverages & Features
Vehicles covered include private passenger vehicles, light, medium,
and
heavy
duty trucks. Livery and delivery vehicles are excluded.
| Maximum Gap Term |
84 months* |
| 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 |
125,000 lbs. |
| Maximum Benefit Amount |
$50,000 |
*Gap Term must equal Loan/Finance Term
Insured through two best "A" rated insurance companies.
Product available only through participating dealerships.
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