GAP Protection for Motorcycles
Life has its ups and downs … and upside downs
GAP Protection covers the negative equity, or the difference between the loan balance and the value of the bike in the event of a total loss due to accident or theft up to $50,000.
- Coverage is based upon 125% of MSRP for the bike at the time of sale.
- Coverage cap is $50,000, which is higher than most competitors.
- Loan term coverage available up to 72 months.
- Coverage pays up to a $1,000 insurance deductible for the consumer.
Dealership benefits of GAP Protection
The GAP protection program was developed to give dealerships a valuable tool to:
- Increase profits per unit
- Enhance customer satisfaction and loyalty
- Give customers an incentive to return for replacement vehicles
- Strengthen branding through optional private labeling
Learn more about GAP for motorcycles.