Handy Chevrolet
699 Highgate Road St. Albans, VT 05478Sales: (888) 295-5380
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Guaranteed Auto Protection
Guaranteed Auto Protection (GAP)
As a vehicle dealership, we at Handy Chevrolet are very aware of the large investment your new or leased vehicle is. Unfortunately, however, sometimes the unknown happens, and those investments get damaged pretty severely, often times due to circumstances beyond your control. Thankfully, our company is in the advantageous position to give you folks the peace of mind of Guaranteed Auto Protection insurance, or GAP insurance. GAP is essential in the lease or purchase of your new vehicle.
During an auto accident if your car is totaled, your insurance company will give you a sum payoff of the market value of your vehicle. So what happens if you still owe (for example) $25,000 and the market value is only $23,000? Because of no fault your own you will be responsible for paying an extra $2,000 for a vehicle that is now undrivable! This is where GAP insurance comes in; GAP will "fill the gap" between the market value of your car and the retail value, so you will not be responsible for that which was not your fault.
Please read on for a synopsis of the different forms of GAP coverage we offer at Handy Chevrolet. Feel free to use the contact form to the right or on the bottom of the page to request more information or set up an appointment with one of our financial experts.
During an auto accident if your car is totaled, your insurance company will give you a sum payoff of the market value of your vehicle. So what happens if you still owe (for example) $25,000 and the market value is only $23,000? Because of no fault your own you will be responsible for paying an extra $2,000 for a vehicle that is now undrivable! This is where GAP insurance comes in; GAP will "fill the gap" between the market value of your car and the retail value, so you will not be responsible for that which was not your fault.
Please read on for a synopsis of the different forms of GAP coverage we offer at Handy Chevrolet. Feel free to use the contact form to the right or on the bottom of the page to request more information or set up an appointment with one of our financial experts.