Gap Insurance

The Dealership goal should be to limit the customer’s financial risk when financing a vehicle. The shock of being faced with a several thousand-dollar deficit because of a lowdown payment, negative equity, or excessive depreciation can take a customer out of the market place for several years.

FIP offers GAP on all dealer arranged financial deals. GAP pays the resulting deficiency on the customer’s loan when the insurance settlement (net of deductible) is less than what the customer owes.

Emergency Money

GAP Benefits create additional revenue for the dealer and also enhance customer satisfaction by knowing they are protected in the event of a total loss and can return to buy a vehicle at your dealership. Let us show you how the premiums from the sale of GAP can be deposited into your own dealer owned reinsurance.