State National GAP covers the full new vehicle loan balance in the event of catastrophic damage or theft. Since typical insurance only pays the depreciated value of the vehicle, borrowers may find themselves faced with the financial burden of covering the remaining value of the loan or lease. Our competitively priced GAP programs protect the borrower from unexpected loss and increase their probability of meeting their financial obligations. Because GAP decreases the lender’s financial risk, it enhances borrower relations. In addition, it offers lenders an opportunity for extra financial benefits.

With State National GAP, claims are handled in-house which means borrowers receive the same fast service as our CPI clients. We offer two plans including a $1,000 payment option towards the purchase of a replacement vehicle. We also provide a complete set of marketing materials to help lenders establish and successfully manage their own GAP programs.