GAP Coverage in Dover, Ohio

If the unexpected happens, GAP coverage helps pay the difference between what you owe and what your vehicle is worth.

GAP (Guaranteed Asset Protection) covers the "gap" between what your insurance pays if your vehicle is totaled or stolen and what you still owe on your loan. Because vehicles depreciate, that gap can be thousands of dollars — and GAP coverage means you're not left paying for a car you can no longer drive.

New Image Auto Sales offers GAP coverage on financed vehicles, and it can often be built right into your loan. Call (330) 440-7175 and we'll explain whether GAP makes sense for your situation.

Who Should Consider GAP?

GAP is worth a close look if you're financing with a smaller down payment, a longer term, or on a vehicle that depreciates quickly — exactly the situations where you're most likely to owe more than the vehicle is worth early in the loan.

  • Covers the gap between insurance payout and loan balance
  • Most valuable with low down payments or longer terms
  • Can be financed into your monthly payment
  • Peace of mind against total-loss or theft

Frequently Asked Questions

What does GAP coverage do?

If your financed vehicle is totaled or stolen, GAP helps pay the difference between your insurance settlement and your remaining loan balance.

Do I need GAP if I have full insurance?

Full insurance pays the vehicle's current value, which can be less than you owe. GAP covers that shortfall — useful with low down payments or longer loans.

Can GAP be added to my loan?

Yes, in many cases GAP can be financed into your monthly payment. Ask us for the details on your deal.