Guaranteed Asset Protection (GAP)

Most insurance policies only cover the value of your vehicle if it is stolen or totaled in an accident. Because that value rapidly declines during the first few years of ownership, your loan balance could be higher than the value of your vehicle, which means you may still owe money on it.

You can protect your new or used vehicle, motorcycle, ATV, jet skis, snowmobile, or golf cart with guaranteed asset protection (GAP), a loan deficiency waiver that covers the "gap" between the vehicle's value and the amount you still owe.

The cost for GAP coverage through Arsenal is usually cheaper than what most dealerships offer. You can add it to your loan at closing or pay for it all at once anytime during your loan. Take out our extended warranty (vehicle service contract) along with GAP and enjoy a discount on your GAP waiver.