Guaranteed Auto Protection
GAP keeps you covered.
Whether you are leasing or financing, GAP can help protect you from coming out of pocket to pay expenses you may face with a total loss.1
Total Loss Protection
If you have an incident where your car is declared totaled and you still owe more on your finance or lease contract, GAP may lessen or even eliminate your remaining balance.2
More Than Just Accident Coverage
GAP provides coverage if your vehicle is declared a total loss due to incidents such as theft, fire, or an accident.
More Features
GAP will cover up to $1,000 of your auto insurance deductible (if applicable) in most states.3
Note: GAP is optional, cancellable (see terms of Agreement) and not required to obtain credit.
1Less any delinquent payments, taxes, auto insurance deductibles over $1000, if applicable, and past-due charges. See agreement, certificate, or waiver for complete details. Some restrictions may apply.
2Type and availability of GAP vary by state. GAP may not be available on finance and lease contracts in some states. Please discuss with your dealer and refer to your agreement at time of purchase.
3GAP typically waives or pays the deficiency balance (minus certain fees and charges) between the amount still due on your finance or lease contract and your auto insurance settlement at the time of total loss.
How it works
Qualifying Criteria4
Available only at the time of vehicle lease or purchase.
GAP must be the same term as the finance or lease contract, up to the maximum term available.
Limits
Limits apply. Please refer to your GAP agreement for details upon purchase.
Transferability
Only transferable with the reassignment of the original finance or lease contract. The new owner will take over your original finance or lease contract.
Cancellation
You can cancel your GAP within 30 days of purchase for a full refund. Unless a claim has been submitted, or unless otherwise required by state law. For beyond 30 day cancellations or state specifications, please ask your dealer or refer to your agreement upon purchase. You cannot reinstate your GAP after cancellation.
4Coverage is subject to exclusions and limitations set forth in the Agreement.
Note: The benefits stated here are subject to change or may vary slightly based upon the purchase date of the Agreement.
Ready to file a claim?
Step 1
Locate the following:
- Your GAP agreement number
- VIN (Vehicle Identification Number)
- Contact information for dealer that sold you the GAP product
- The date your vehicle was damaged or stolen
- Contact information for your physical damage insurer, including your policy number or a police report displaying your VIN
Step 2
To submit a claim simply call TFS at 800-255-8713 and we will assist you throughout the process.
Monday - Friday 7am - 7pm Central Time
Saturday 8am - 1pm Central Time
TIP: Keeping the needed information gathered in a safe location prior to needing to submit a claim will help you navigate thru the stressful time of your vehicle being totaled.