Honda guaranteed asset protection
- Receive Total-Loss Protection
- In the unfortunate event of theft or total loss ofyour vehicle, you could be surprised by your financial responsibility for that vehicle. Honda Care Guaranteed Asset Protection (GAP) can pay the difference between what you owe your lender and what your auto insurance covers.
- HondaCare GAP Can:
- Protect new and pre-owned Honda vehicles, Honda Certified Pre-Owned Vehicles and other new and pre-owned non-Honda vehicles.
- Protect vehicles up to 10 years old.
- Provide a maximum benefit of $50,000.
- Cover your insurance deductible up to $1,000.*
- How HondaCare GAP Works
- Ultimately, HondaCare GAP can protect you from having to pay unanticipated expenses. What's not covered could add up to thousands of dollars in unexpected costs for you and HondaCare GAP Eliminates the Gap.
- * Coverage varies by state. Honda Care GAP is not available in New York.Insurance deductible coverage may be limited by state. Please refer to your Honda Care GAP contract waiver or policy for details.
- ** or any other financial institution (depending on your state).
- *** Available in most states.
- How GAP Works
- Loan Balance$42,000
- 1Insurance Settlement:-$34,000
- $8,000
- 2Insurance Deductible:+$500
- 3Potential Expense Without GAP:$8,500
- Potential expense with HondaCare GAP Coverage$0
