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Guaranteed Automobile Protection
Your Trusted Driving Companion Since 1979
xecu-Care
The Guaranteed Automobile Protection program does not provide bodily injury or property damage
liability insurance coverage and does not fulfill the requirements of any financial responsibility laws.
Such coverage is provided by the vehicle owner’s vehicle insurance. The Guaranteed Automobile
Protection may only be purchased at the time of vehicle purchase. The purchase of the Guaranteed
Automobile Protection is voluntary and is not required by the lienholder/lessor to obtain credit. See
your GAP Debt Waiver Addendum or GAP Certificate for full details of the GAP Program.
© 2008 MPP CO., INC. / OLD UNITED CASUALTY CO.
National Claims Assistance: 1-800-747-4400
Monday - Friday 7:30am – 6:00pm CST Saturday 8:00am – 3:00pm CST
www.mppcoverage.com
The Guaranteed Automobile Protection Program is a Debt
Waiver administrated by MPP Co., Inc. and underwritten by Old
United Casualty Co. (dba Vantage Casualty Co. in California).
8500 Shawnee Mission Parkway, Merriam, Kansas 66202. In
the states of Michigan, Nebraska, Nevada, Tennessee, and Texas,
the Guaranteed Automobile Protection Program is a Certificate
of Insurance issued by Old United Casualty Company.
How GAP payment works:
Years of Contract
30% GAP
Outstanding Balance
Total amount financed including taxes, title, license, etc.$25,000
1st 3rd2nd 4th 5th
($7500)Actual Cash Value
Finance Contract Outstanding Balance* $25,000Vehicle Actual Cash Value* -$17,500
Your Total Out of Pocket Obligation -$7,500
GAP Payment $7,500Your Total Out of Pocket Obligation -$7,500
Total Owed on Finance Contract* $0
Your auto insurance policy is only obligated to pay the actual cash value of your vehicle, not the loan amount in the event of a total loss.
Guaranteed Automobile Protection (GAP) gives you complete assurance! If your vehicle is deemed a total loss, GAP helps take care of the difference between what your insurance company pays and the loan amount.
Are you sure you have Full Coverage Protection?
• Are you financing more than 70% of your vehicles MSRP?• Are you financing any negative equity?• Are you financing your taxes?
If you answered “Yes” to any one of these questions…You do not have full coverage protection!
Protect yourself and get Full Coverage Protection!
*The above examples are for illustration purposes only. In some circumstances (such as past due payments, deferred payments, interest charges, delayed insurance settlement, or other plan limitations) the Guaranteed Automobile Protection may not take care of the entire GAP. Programs vary by state. For complete terms and conditions, see the Debt Waiver Addendum/GAP Certificate applicable to your state.