GAP COVERAGE
Chevrolet GAP Coverage1 protects you from paying a loan on a vehicle that is a total loss. In that event, this plan can help cover the amount you owe on the loan that your insurance doesn't cover, including your deductible.
Key Benefits
- The only GAP Protection endorsed by Chevrolet and General Motors
- Offered in terms up to 8 years
- Available for any finance amount on new, and pre-owned vehicles, only at the time of vehicle purchase
- No maximum dollar amount on covered losses that are waived
- Includes a waiver for your primary insurance deductible up to $1,0002
- Covers rideshare services
- Can be canceled3 at any time
How It Works
Don't pay for a total loss
GAP Coverage protects you from paying on a vehicle that is a total loss. In that event, this Plan can help cover the amount you owe on the vehicle that your insurance doesn't cover. Ask us for Chevrolet GAP Coverage-the only plan with the same name as your vehicle.
Exclusions
- Losses occurring prior to the date of the GAP Addendum
- Any amounts owed on the vehicle finance agreement resulting from late fees, due date changes, or from missed, delinquent, deferred, or skipped payments
- Total losses resulting from dishonest, fraudulent, or illegal acts (such as DUI) by customer, customer's family members, or other persons acting under customer's authority
- Vehicles used for competitive racing or for a prohibited commercial purpose
- If the customer has refinanced the vehicle finance agreement
- Deductions taken by the primary insurer, such as prior damage, salvage, missing items, excess towing, custom equipment, and storage