What is GAP?
In the event your Bentley is declared a total loss due to an accident, theft, or natural disaster, your insurance company might reimburse you only for your vehicle’s assessed value. As a result, there could be a significant gap between what your insurer pays and the balance you owe on your retail loan plus your insurance deductible.
Bentley Guaranteed Auto Protection (GAP) safeguards you by waiving the difference between your primary insurance settlement and the outstanding balance on your vehicle’s financing.
Available on new, pre-owned, and Certified Pre-Owned vehicles on Bentley Financial Services Retail Installment Sale Contracts at the time of vehicle purchase only.
Considering the common risks associated with theft, collision, and natural disasters, Bentley GAP can help put loan deficiencies and insurance deductibles behind you in the event of a total loss*.
How GAP protects your investment.
Here is an example of how Bentley GAP might cover a $200,000 vehicle declared a total loss:
Outstanding loan balance $200,000 Insurance assessment of vehicle’s Actual Cash Value***, less $1,500 deductible - $175,000
Your potential expense $25,000 Waived by GAP - $25,000
Amount you owe $0
Coverage exclusions may apply****:
*Please refer to your GAP addendum for details. Programs vary by state. Maximum eligibility limits and certain exclusions apply. Note that you remain responsible for any past-due payments, late fees, and other charges on your loan.
**Insurance deductible coverage is not available in all states.
***Vehicle’s current value as determined by your insurance company.
****Additional exclusions may apply. Please see your addendum for specific coverage details, including limitations and a complete list of exclusions