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Motorhome driving on mountain road
Motorhome driving on mountain road

Home | F&I Solutions | RV | GAP Coverage

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RV GAP Coverage

Offer protection for your customer's RV in the event of a total loss.

In the event of a total loss of your customer's RV, Motorhome or travel trailer due to unrecovered theft, collision, fire or any insured peril, your customer's vehicle asset may be worth less than the amount they owe on their loan at the time of total loss. In many cases this will leave them responsible for paying the difference. If a covered loss occurs, GAP coverage will, in most cases, pay the difference between the actual cash value and the scheduled balance owed to the lender, net of refunds, plus the insurance deductible.

Protective GAP Coverage
Covers the difference, in most cases, between the scheduled asset pay-off amount net of refunds and the asset’s actual cash value.
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