Allstate Guaranteed Asset Protection
Allstate Guaranteed Asset Protection
You might have to make a payment on a car you no longer have.
The Allstate® Guaranteed Asset Protection (GAP) program helps cover what you owe on your vehicle loan or lease if you experience a total loss before it's paid off. GAP waives the difference between your primary auto insurance settlement and the outstanding balance owed on your vehicle on the date of loss. Click here for the fact sheet.
Benefits:
- Provides protection for new and used vehicles valued or financed up to $150,000
- Reimburses you for your primary auto insurance deductible up to $1,000
- Waives covered losses up to $50,000
- Personal Use and many Light-Duty Commercial Uses covered under same GAP Waiver
