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Protect Your Auto Investment *
Did you know that insurance may not be enough?
When you finance an automobile or light truck with a small down payment or for extended terms, your comprehensive and collision insurance may not be enough to pay off the loan balance if your vehicle is stolen or damaged beyond repair during the term of your loan. GAP Protection will protect you for the difference between the amount you owe on the loan and the depreciated value of the vehicle.
With GAP Protection, you're covered.
You're assured that the balance of your loan will be covered if your vehicle is declared a total loss, which should reduce your inconvenience and enable you to get a replacement vehicle quickly.
It's easy to arrange.
To find out more about GAP Protection, ask your Lake City Bank loan officer or dealer for details. Then just sign a simple, one-page form. It's that easy. GAP Protection covers you immediately if your comprehensive and collision insurance is in force.
Consumer Loans
Automobile Loans
*The purchase of GAP Protection is voluntary and cannot be required as a condition of loan approval. This protection is optional for loan products and is not an insurance product. GAP Protection does not cover delinquent payments or past-due charges. |
