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NEW FOR 2008!  

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Gap Insurance Plans for $349 on new and used car loans purchased or refinanced within the last 12 months.

GAP INSURANCE ONLY
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TOTAL LOSS COVERAGE
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THEFT COVERAGE
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Drivers Select

Drivers Select is sold by a licensed Property and Casualty insurance agent of Lee and Mason
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Gap insurance


What is Gap Insurance? What does it do?

Gap Insurance protects your vehicle's loan. It covers the difference between what you owe, compared to what the vehicle is worth in case it is totaled for ANY reason, and it also pays your regular insurance deductible.

If your vehicle is totaled for any reason - theft, fire, accident, flood, tornado, vandalism, or hurricane - the value that your insurance company places on it may be a whole lot less that its actual retail value - and it is often considerably less than the actual amount you still owe on your loan. Between the amount of your insurance deductible and the loss from this financial shortfall or “gap,” you can be left owing literally thousands upon thousands of dollars. Drivers Select Automotive Loss Protection eliminates the financial gap between what your primary insurance company's settlement is and the actual loan payoff to your bank, credit union, or finance company up to $50,000 per incident!! Plus, in the process, Drivers Select Automotive Loss Protection even covers your deductible. For example, here's how a typical settlement goes:


Gap example


Your Net Loan Balance at Time of Total Loss $25,500
Actual Cash Value
of Your Vehicle
$20,000
Your Insurance Debuctible $500
Your Net Auto
Insurance Settlement
$19,500
The "Gap" You Owe-
Paid by Gap Insurance
$6.000




Protect your new vehicle and your good credit... COVER THE GAP!

There is nothing worse than personally having to pay to cover a loss like this, or to continue making payments on a worthless vehicle that you no longer own and drive. Activation is fast and easy. All products can be paid for with check, credit card, or paypal, or we have a payment plan available.


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