RV GAP

GAP Program Information & Guidelines
RVs, Motorhomes, Travel Trailers, Campers

Coverages & Features*:


Max Finance Term: 240 months
Max Gap Term: 120 months
Max Amt. Financed: $500,000
Max Loan to Value: 135% MSRP/NADA
Max Benefit: $50,000
Max APR: No Limit
Max Vehicle Age: 20 years
Cancellation: 0 – 60 days = 100% refund
61+ days = Pro-rata cancellation unless otherwise required by state
Claim Filing: 90 days from insurance settlement date
Deductible Coverage: Up to $1,000
Claim Adjustment: Primary carrier settlement
Exclusions: Deferred Payments, Delinquent Payments, Commercial Use, Collateral age greater than 20 years

Program Does Not Cover:
• Any contract involving a revolving credit contract or open end contract including balloon notes
• Refundable additions to loan installment contract such as: service contracts, credit life insurance, late charges or other fees added after loan inception
• Any portion of the amount financed that exceeds 135% MSRP/NADA
• Delinquent payments, deferred payments, or commercial use

*subject to limitations and exclusions of waiver

States Not Available*: Hawaii, Indiana, New York, Louisiana
Special Waiver Form: Texas

*Please check for status as state availability can change