GAProtection

GAProtection protects your borrower and the financial institution from the “gap” between the full payoff amount on your vehicle and the actual cash amount your primary insurance company will pay in the event of an unrecovered theft or total loss. GAProtection coverage pays your borrowers’ insurance company deductible up to $1,000. And in most states, GAProtection also pays $1,000 toward the down-payment of the replacement vehicle. All while allowing the financial institution to generate significant fee income from this valuable product in today’s auto marketplace.

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