Hyundai Finance Gap

This, plus your deductible, can create a significant gap between what your insurer pays and the amount you owe on your vehicle. Our Guaranteed Asset Protection (GAP) waives the difference between your primary insurance settlement and the outstanding balance on your vehicle's financing, subject to terms and conditions of the program. You can avoid this headache-inducing scenario by getting Hyundai gap insurance.

Hyundai's GAP stands for Guaranteed Asset Protection, and its optional insurance coverage is designed to bridge the difference between your primary insurance settlement and your auto loan balance. Discover More Finance Features at Underriner Hyundai After learning more about Hyundai GAP insurance and how it can benefit you, find more helpful features at Underriner Hyundai such as buying vs. leasing and transferring your Hyundai warranty.

What is Hyundai GAP Insurance? Hyundai GAP coverage, or Guaranteed Asset Protection, provides additional insurance to protect against any major incidents that you encounter on the road. If you still owe money on your loan and your insurance plan can't pay out what you need, GAP is a great back up to get over that hump. Yes, Hyundai does have gap insurance that you can purchase from a dealership or insurance agent.

Hyundai gap insurance can help pay the difference between what you owe on your loan or lease and your vehicle's actual cash value (ACV) if your car is deemed a total loss. Key Things to Know About Hyundai Gap Insurance Gap insurance from Hyundai may cover up to $1,000 of your primary insurance. Hyundai does, in fact, have gap insurance.

If your automobile is declared a total loss, Hyundai gap insurance can assist cover the difference between what you still owe on your loan or lease and your vehicle's actual cash value (ACV). Conclusion Ultimately, Hyundai Gap Insurance provides valuable peace of mind, especially considering how quickly new vehicles depreciate. By covering the financial gap between your remaining loan or lease balance and your vehicle's current value, it prevents unwelcome surprises after an accident or theft.

GAP insurance is guaranteed asset protection that protects the "gap" in what your car is worth to what the owner owes on the loan or lease in the event that the vehicle is a total loss or it is stolen. Stop by Tustin Hyundai today to work with one of our experienced and knowledgeable finance managers. Hyundai offers a range of financing options, but does their coverage include Gap Insurance? about Hyundai's financing plans and if Gap Insurance is a standard feature.

Hyundai's Guaranteed Asset Protection provides extra insurance against any major incidents that you encounter on the road. If you still owe money on your loan and your insurance plan can't pay out what you need, GAP can provide the assistance that you need to get you over the hump. Let's go over the details: Browse New Inventory Our Finance Center.