Information on how the GAP industry develops the rate you pay your GAP provider
This is how most of your GAP rates are created in the industry
Think about a layer cake
LAYER 1 ➞ Insurance company rate
LAYER 2 ➞ Managing general agency (appointed by insurance company to market their programs)
LAYER 3 ➞ Third Party administrator
LAYER 4 ➞ General Agency
LAYER 5 ➞ Sub Agents
