Total Loss (GAP) Protection Plan

Total Loss (GAP) Protection Plan


GAP Program in Lakewood, FL

When you’ve decided to bring home your new model from Gettel Toyota of Lakewood , you shouldn’t have to worry about protection for you and your vehicle on the road ahead. You’ll find that when you decide to buy from our incredible inventory of vehicles, we have a plan available to you that can give you that extra bubble of safety for your new model. That’s why our GAP, or General Asset Protection, insurance is available to add to your new Toyota purchase at signing. Not only do we highly recommend this insurance policy because it gives you and your bank account protection, but it also allows you to stay safe from making payments on a totaled car you’ll no longer be able to drive if you’re in an accident. Have you decided to take out a loan or are you in line to buy a more expensive model? Consider adding GAP insurance to ensure your safety from unexpected costs and more. If you’re interested in what’s included in our GAP insurance, we’ve listed them down below:

  • 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 new Toyota, and you deserve to drive it with confidence. The GAP Program is designed to protect you from the unexpected.

Learn More

If you want to learn more about how the GAP Program protects you out on the road ahead,contact us today or stop by Gettel Toyota of Lakewood at 5959 E State Rd 64, Bradenton, FL 34208. We look forward to serving our customers near Sarasota, Brandon and Ruskin.

*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.