Total loss coverage works a bit differently than regular gap, however it serves the same purpose in that it keeps you from being upside down if you total your vehicle and need to purchase a new one.
This is for vehicles which were either:
- Purchased or refinanced within the last 6 months from a car
dealer
- Loans or leases qualify regardless of the interest rate
- Available in 49 states
- Financed using a home equity loan or line of credit
- Or already paid off
Total loss coverage is available in 49 states for new and used cars and trucks. If your vehicle is a total loss for any reason including theft, collision, vandalism, etc, we will replace your vehicle with a vehicle of equal or greater value to the original vehicle. We guarantee to pay the difference up to $5000 between the original purchase price of the vehicle, and the actual cash value of your vehicle at the time of the loss and the apply the sum towards the purchase or lease of the replacement vehicle.
The policy is good for up to 60 months, it does not issue a refund if
canceled early.
Total loss coverage is $299 for 60 months of coverage. Total Loss
coverage is not an insurance policy, it is coverage that helps you
with the purchase of a replacement vehicle in case of total loss for
any reason.
CLICK HERE TO PURCHASE
(not available in CA)
Activation is fast and easy.
Call 888-222-0078 daily between 9:00 a.m. and 6:00 p.m. Eastern time and speak with one of our courteous and knowledgeable customer service representatives.
When you order your plan, coverage begins as soon as the insurance company reviews your application!
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