PROTECTING YOUR LOAN. · 2018. 8. 31. · Chevrolet’s unpaid finance balance and the settlement...

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PROTECTING YOUR LOAN. CHEVROLET GAP COVERAGE

Transcript of PROTECTING YOUR LOAN. · 2018. 8. 31. · Chevrolet’s unpaid finance balance and the settlement...

Page 1: PROTECTING YOUR LOAN. · 2018. 8. 31. · Chevrolet’s unpaid finance balance and the settlement amount offered by your insurer for a total loss. Covered From The Start GAP Coverage

PROTECTING YOUR LOAN.

CHEVROLET GAP COVERAGE

Page 2: PROTECTING YOUR LOAN. · 2018. 8. 31. · Chevrolet’s unpaid finance balance and the settlement amount offered by your insurer for a total loss. Covered From The Start GAP Coverage

How Chevrolet GAP Coverage Works:

Regular Car Insurance CoverageChevrolet

GAP Coverageto Waive the Rest

YOU WANT YOUR CHEVY TO LAST,NOT YOUR LOAN.Your Chevy is designed to be a part of your life, but the loan used to purchase it is just as important. If an accident happens and your vehicle is considered a total loss, your standard insurance will pay only the current market value, not what is owed or the deductible, creating a gap. Chevrolet GAP Coverage can help cover that gap, including the insurance deductible, and can help get you back on the road. After all, we built your Chevy, so naturally, we want to help you protect it.

See GAP Coverage Addendum for complete details.

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Guaranteed Auto ProtectionGAP Coverage waives the deficiency amount between your Chevrolet’s unpaid finance balance and the settlement amount offered by your insurer for a total loss.

Covered From The StartGAP Coverage is only available at the time of the Chevy purchase.

FlexibleGAP Coverage is available for your new, used, or leased Chevrolet.

Financial Peace Of MindGAP Coverage is available for finance amounts up to $125,000. GAP Coverage can waive your financial loss up to $75,000, which can include up to $1,000 of your insurer’s physical damage deductible.

Get Covered For LongerGAP Coverage is available for up to 84 months.

Protects Your InterestsOptional GAP Coverage helps protect you against owing money on a vehicle you can no longer drive.

RefundableGAP Coverage can be canceled at any time. Your coverage is fully refundable within 60 days, as long as no loss has occurred. For cancellations after 60 days, a pro rata refund will be given, less any applicable cancellation fee. All refunds will be made to the financial institution/lender.

Exclusions*• Losses occurring prior to the effective date of the

GAP Addendum• Losses caused by theft, unless you or your financial

institution/lender file a police report• Any loss that falls outside the standard or optional

equipment available from the manufacturer of the covered vehicle

• Vehicles used for commercial purposes

*Not a complete list of exclusions.

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This is not a contract. The full terms, conditions, and exclusions are included in the GAP Coverage Addendum. See your dealer for a copy.

GAP Coverage is provided by the dealer/creditor and administered by AMT Warranty Corp., P.O. Box 927, Bedford, TX 76095, (877) 265-1166. AMT Warranty Corp. is a GM-approved provider but is not a related entity of GM or its dealerships.

©2017 General Motors. All rights reserved. The marks appearing in this brochure are the trademarks or service marks of GM, its subsidiaries, affiliates, or licensors.

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