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GAP

Aimbridge® Financial Services offers GAP insurance to customers or members directly through the auto dealership.   The Aimbridge® program helps bridge the GAP between the remaining balance on an auto loan and the amount received from a traditional auto insurance company.

If a car is stolen or a consumer or member suffers a total loss in an accident, that customer may end up owing much more than the "actual cash value" for which the vehicle is insured. Actual cash value may be very different from the actual cost to replace the vehicle, especially in the early phase of a long-term loan. In other words, the borrower may owe the lender more than the amount received from the insurance company and the outstanding balance on the vehicle loan.

Benefits of the Program

• Protection for new and used vehicles
• Coverage up to $50,000
• Low cost protection not included in your standard personal auto insurance policy
• Protection up to 125% Loan To Value
• One time fee, financed with the auto loan
• Fast and easy claims process
• Protection for the term of the loan up to 72 months

For more information, please contact:

Aimbridge
116 Inverness Drive East
Suite 250
Englewood, Colorado 80112
1.800.400.2865

 
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