What Is Hyundai GAP Insurance?

 
After you’ve picked out your new Hyundai model, the last thing you want to think about is a catastrophe! However, if you want the peace of mind that comes with total protection, then Hyundai GAP insurance is a great way to stay covered even in the most extreme circumstances. What is Hyundai GAP insurance? Hyundai Guaranteed Asset Protection (GAP) provides extra insurance against any major incidents that you encounter on the East Moline roads. If you still owe money on your loan and your insurance plan can’t pay out what you need, GAP can provide the assistance that you need to get you over the hump. Get all the details about the available Hyundai car insurance plan with this guide from Green Family Hyundai!

Hyundai Insurance: Guaranteed Asset Protection (GAP)

Hyundai models come with a generous warranty package that covers everything from the powertrain to the paint, but every plan has its limitations. Guaranteed Asset Protection (GAP) provides additional coverage in the event of a total loss. That means that you are still protected against unexpected emergencies like Rock Island accidents, theft, or even natural disasters. How does this Hyundai insurance plan work?

• GAP will waive the difference between your outstanding loan balance and the insurance amount, with no maximum dollar amount for covered losses.
• GAP will also waive your primary insurance deductible up to $1,000.

Hyundai Insurance: Coverage Exclusions

Guaranteed Asset Protection can extend a major lifeline to you in the case of a major catastrophe, but there are a few exceptions to keep in mind:

• GAP does not cover vehicular damage from illegal behavior, such as DUIs or fraudulent activity.
• Coverage does not include vehicles used for competitive driving or racing.
• GAP coverage will not include prior damage, salvage, missing items, excess towing, custom equipment, or storage.
• For more information about exceptions, please do not hesitate to contact our financing team.

Learn More About Hyundai Car Insurance With Green Family Hyundai

Want to learn even more about the Hyundai GAP insurance plans? Contact Green Family Hyundai online or by phone at 309-517-0186 for more information, or don’t hesitate to visit our Moline dealership to chat with our team. Our experts will help you find the Hyundai car insurance and extended warranty coverage that will give you confidence on the Milan roads!