Professional Documents
Culture Documents
PROTECTION (GAP)
$25,000
MSRP
Protection against
Personal Financial Protection You Can Count On
In the event your vehicle is deemed a constructive total
depreciation
loss, your auto insurance policy usually only covers the
fair market value or actual cash value of your vehicle.
Due vehicle
Your to the depreciation
value goesof your vehicle,
down the amount you
while
owe your lender or lease company may be more than
Loan interest ratessettlement,
your insurance go up. sometimes thousands of
Pay-Off dollars more.
$20,000 50% of auto insurance claims do not cover
MSRP Guaranteed Auto Protection (GAP) waives the difference
loan balances.
between the fair market value of your vehicle and the
outstanding balance owed on your vehicle on the date
of loss*. In addition, GAP will cover your auto insurance
deductible up to a maximum of $1,000.
Protection from loss
Perfect Protection for Highly Financed Vehicles
$15,000
due
GAP isto theft
especially vital protection for individuals who
MSRP paid a minimal down payment on their purchase or
Vehicle Value vs. Over
lease1 and
million carsfinance
carry high are stolen every year*.
balances.
GAP Loan Pay-Off
Constructive
1 in 20 driversTotal Losslikely
will Protection
experience an
GAP gives you peace of mind knowing that if you sustain
unrecovered theft.
a constructive total loss on your vehicle (such as theft,
accident, fire or flood), your financial investment is
$10,000 protected.
MSRP Protection
The Benefits of Infifrom loss
niti Elite GAP
due Covers
to accidents
new or pre-owned vehicles valued
up to $100,000
Around 6 million accidents are reported every
year.**Covers your insurance deductible up to $1,000
$5,000 Vehicle Waives covered losses up to $50,000**
MSRP Value 1 in 19 drivers will likely have a new vehicle
Insurance
Settlement written off within the first 2 years.
Amount
1/3 of Americans will likely have
a vehicle written off in their lifetime.
Over 1 million cars are stolen every year*. MSRP x 0.80 = CLAIM
(Based on 20% depreciation)
1 in 20 drivers will likely experience an =
unrecovered theft.
Remainder of balance owing DEBT
+
Protection from loss Add your auto insurance
due to accidents deductible DEDUCTIBLE
=
Around 6 million accidents are reported every
Total out-of-pocket expenses LOSS
year.**
1 in 19 drivers will likely have a new vehicle Subtract GAP payment GAP
written off within the first 2 years.
* Source: National Insurance Crime Bureau *This does not apply to all total loss scenarios.
**Source: National Highway Traffic Safety Administration
Infiniti Elite
Guaranteed Auto
Protection (GAP)