Total Loss (GAP) Protection Plan | Ocala FL

Safety beyond measure

As far as the team here at Volkswagen of Ocala is concerned, there’s no such thing as too much protection, especially when it comes to your wallet. Did you know that if your Volkswagen is ever totaled in a wreck, your insurance company will only write a check for what your vehicle is worth, not how much you still owe on your auto loan? There’s a gap in your insurance that we’d like to cover for you. Ask us about adding GAP, or General Asset Protection, insurance to your new Volkswagen purchase at signing. We highly recommend this insurance policy since it protects you (and your bank account) from making payments on a totaled vehicle you can no longer drive if you get in an accident. If you’re taking out a large loan or you’re purchasing a more expensive model, consider adding GAP insurance to safeguard yourself from unexpected costs. Here’s what’s included in the GAP Program here at our dealership!

The GAP Program:

  • Waives the amount equal to the unpaid net balance of your loan less than the actual cash value of your vehicle as determined by the primary insurance company.
  • Includes coverage for up to $1,000 of your primary insurance deductible.*
  • Available on all loan amounts or any finance agreement term. Loans over 150% of NADA value or MSRP will be re-amortized to 150% in the event of a claim. Terms over 84 months will be re-amortized to 84 months in the event of a claim.
  • Can be financed with 3rd party finance sources.
  • Cancelable within 30 days for a full refund; after 30 days, refund will be calculated prorated less processing feed.^
  • Waives covered losses up to $50,000.
  • Available on new and used vehicles.

You worked hard to get your Volkswagen, and you deserve to drive it with confidence. The GAP Program is designed to protect you from the unexpected.

If you want to learn more about how the GAP Program protects you out on the road ahead, contact us today or stop by Volkswagen of Ocala at 5135 SW College Rd., Ocala, FL 34474. We look forward to serving our customers near The Villages and Orlando.

*Insurance deductible coverage is not available in all states.

^Additional exclusions may apply. Please see your addendum for specific coverage details, including limitations and exclusions.