Recreational Vehicle Gap
Dealer Rates & Program Guidelines
Finance Amount
$0 - $50,001
GAP TERM
-
$149 at 48 months
-
$157 at 60 months
-
$167 at 72 months
-
$184 at 84 months
-
$237 at 120 months
Finance Amount
$50,000 - $100,000
GAP TERM
-
$175 at 48 months
-
$185 at 60 months
-
$200 at 72 months
-
$222 at 84 months
-
$293 at 120 months
Finance Amount
$100,001 - $150,000
GAP TERM
-
$190 at 48 months
-
$200 at 60 months
-
$216 at 72 months
-
$457 at 84 months
-
$316 at 120 months
Finance Amount
$150,001 - $250,000
GAP TERM
-
$471 at 48 months
-
$511 at 60 months
-
$580 at 72 months
-
$651 at 84 months
-
$724 at 120 months
Coverage and features
- Max Finance Term:
240 Months - Max GAP Term:
120 Months - Max Amount Financed:
$500,000 - Max Loan to Value:
135% MSRP/NADA - Max Benefit:
$50,000 - Max APR:
No limit - Max Vehicle Age:
20 years
- Cancellation:
0-60 days = 100% Refund
61+ days = Pro–rata cancellation unless otherwise required by state - Claim filing:
90 days from insurance settlement date - Deductible Coverage:
Up to $1000 - Claim Adjustment:
Primary carrier settlement - Exclusions:
Deferred payments, Delinquent Payments, Commercial Use, Collateral age greater than 20 years - Not Available in:
IN, HI, NY, LA- Check for updates and changes before market. TX has a special waiver form. - Late Reporting:
A statement of no losses pending and a $50 late fee (per agreement) will be required for waiver remitted more than 60 days from the effective date on the agreement. - Volume Discounts:
Sell 6-10 waivers = $5 discount
10 or more waivers = $10 discount
