Powersport Gap
Dealer Rates & Program Guidelines
Finance Amount
$0 - $50,000
GAP TERM
-
$245
0 - 60 months -
$279
61 - 72 months -
$334
73 - 84 months
Coverage and features
- Max Finance Term:
84 Months - Max GAP Term:
84 Months - Max Amount Financed:
$50,000 - Max Loan to Value:
125% LTV - Type of Finance:
Loan/ Installment Sales Contract, Credit Card/Open–Ended Credit - Max Benefit:
$25,000 - Max APR:
No limit - Max Vehicle Age:
10 Years from the date of the loan/installment sales contract/ credit card purchase
- Cancellation:
0-60 days = 100% Refund
61+ days = Pro–rata cancellation unless otherwise required by state - Claim filing:
Within 90 days from insurance settlement date or if there is no primary insurance, within 90 days of the date of loss - Deductible Coverage:
Up to $1000 - Claim Adjustment:
Primary carrier settlement - Exclusions:
Please review the back of the GAP Waiver Addendum, section titled Exclusions, for loss or damage that is not covered - Not Available in:
Hawaii, New York, Louisiana, Indiana, Texas, New Hampshire, and Maryland. - Volume Discounts:
Sell 6-10 waivers = $5 discount
10 or more waivers = $10 discount
