GAP and Auto Deductible Reimbursement

Make sure you are FULLY PROTECTED! Guaranteed Asset Protection (GAP) covers the difference between what you owe on your auto loan and the amount paid by your insurance company in the event of a total loss. GAP Advantage also provides you with a $1,000 credit toward the financing of a replacement vehicle if financed by Ardent.

GAP benefits¹:

• Pays the difference between your insurance settlement and what you still owe for the vehicle.
• Costs $599, regardless of year, make, and model
• $0 deductible
• Available on new and used vehicles

Auto Deductible Reimbursement

Auto Deductible Reimbursement (ADR) is a separate coverage that is automatically included when you purchase GAP. In the event you need to file a claim (not a total loss), the ADR coverage will reimburse you up to $500 toward your deductible (limit two losses per year) for any vehicle you own and insure.

¹GAP is not insurance; it is an optional debt cancellation product. GAP will not affect your application for credit or the terms of any credit agreement you have with Ardent. GAP is optional and is subject to limitations and exclusions, such as a Loan-to-Value (LTV) maximum of 150% which may limit the benefit you receive. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to the amount financed under your contract will increase the cost of GAP . You may cancel GAP at any time. If you cancel GAP within 60 days, you will receive a full refund of any fee paid.