Chevrolet GAP Coverage† protects you from paying a loan on a vehicle that is a total loss. In that event, this plan can help cover the amount you owe on the loan that your insurance doesn’t cover, including your deductible.
Key benefits include:
Don’t pay for a total loss
GAP Coverage can waive the deficiency amount between you and your loan’s unpaid finance balance and the settlement amount offered by your insurer in the event of a total loss. Ask your dealer for Chevrolet GAP Coverage—the only plan with the same name as your vehicle.
What’s covered
- Available for finance amounts up to $125,000
- Can waive your financial loss up to $75,000, which can include up to $1,000 of your insurer’s physical damage deductible
Get covered longer
- Available terms range from 12 to 84 months†
Exclusions†
- Losses occurring prior to the date of the GAP Addendum
- Losses caused by theft, unless you or your financial institution/lender file a police report
- Any loss that falls outside the standard or optional equipment available from the manufacturer of the covered vehicle
- Vehicles used for commercial purposes†
Extended Limited Warranty†
Your new Chevrolet vehicle comes with a standard 3-year/36,000-mile† limited warranty. Or you can choose the 5-year/60,000-mile† Chevrolet Extended Limited Warranty.