GAP Example

FOR EXAMPLEAMOUNT
Loan contract payoff:$20,000.00
Insurance settlement amount:-$14,000.00
Your motorcycle insurance deductable is:
+ $500.00
Making your total out-of-pocket expense:$6,500.00
Our Guaranteed Asset Protection (GAP) Plan covers:
-$6,500.00
Total you now owe to pay off your loan:$0.00

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