GAP Fills in Where Auto
Insurance Falls Short.
Guaranteed Asset Protection
122 West Carpenter Freeway
Sixth Floor
Irving, TX 75039
800.527.1984
www.efgcompanies.com
© 2006 Enterprise Financial Group, Inc.
All rights reserved.
*This brochure provides a brief description. Please
refer to the Guaranteed Asset Protection contract
for full details of benefits and exclusions.
Guaranteed Asset Protection is backed by an
“A rated” carrier. Refer to policy/contract for
underwriter/obligor information.
GAP
GAP0806CB
Why Do You Need GAP?
Because Auto Insurance
isn’t Enough.
In today’s world, full coverage auto insurance is
only part of the protection you need. Auto loans
now last between five and seven years, half of
that time you will owe more than your vehicle is
worth. This negative equity leaves you vulnerable
for up to four years.
Complete Auto Coverage
Does Not Mean
Complete Protection.
Should your vehicle ever be considered a total
loss, you will only receive the amount the
insurance company determines your car to be
worth—not the amount you still owe.
12
36
48
60
24
0
$5,000
$10,000
$25,000
$15,000
$20,000
0
Months
Deficiency
Loan Balance
Vehicle Value*
*Depreciated vehicle value determined by primary insurance settlement.
Graph is for illustrative purposes only.
Enjoy the Security of
Knowing You Are Protected.
Guaranteed Asset Protection (GAP) prevents
financial loss in the event your vehicle is
damaged beyond repair, or stolen and never
recovered. GAP is available to anyone
who purchases a new or used vehicle and
will even cover up to $1,000 of the primary
carrier’s deductible.*
• Up to 84 months of protection
for your loan or lease
• Protection for covered vehicles
up to $100,000
• Benefits paid up to $50,000
• Benefits are available for all
new, used or leased vehicles
Don’t Leave it to Chance.
Get GAP Coverage Today.
Ask Your Dealer for Details!
Insurance Settlement vs. Loan Balance
72
That Means…
If you purchased a car at..................$25,000
One year later it was declared a... Total Loss